SoFi Blog

As CEO of a company that’s working to revolutionize the student loan industry, I have to say the past couple of weeks have been interesting to watch.

President Obama’s much-debated plan to increase college affordability has stoked the fires of an already heated national dialogue about the rising cost of higher education. I applaud the President for addressing this issue, and I’m pleased that this event is bringing the conversation to the forefront.  However, I still think there are some fundamental flaws in the plan.

Earlier this year, we launched the SoFi Entrepreneur Program to help our borrowers who have entrepreneurial aspirations refine their startup ideas, connect with mentors and potential investors, and develop the skills critical to getting early-stage funding.

It’s not every day that you find yourself having dinner with a successful entrepreneur, hedge fund manager and CEO.  But this is exactly what a small group of SoFi borrowers will do this week when they attend our special Supper Club event at the home of Mike Cagney, SoFi Co-Founder and CEO.

The House approved the Senate’s student loan bill yesterday.  This bill included some significant changes to how interest rates are set on loans made after July 1, 2013.  Here is how it impacts you.

Investors are often wrong.  Professional, retail – it doesn’t matter, there is never any shortage of folks on the wrong side of a trade.  No market has confounded the professionals more in the past few years than currencies, and no currency has caused more closure of 2/20 funds than the euro.