SoFi Blog

Tips and news—
for your financial moves.

SoFi in the News: Marketplace APM & American Banker

SoFi continues to make waves in the media this week on public radio and in print. We were thrilled to see top business radio program Marketplace bring much needed attention to important education issues. In this recent story, Amy Scott reports on the challenge of refinancing Federal student loans. While one youth advocacy group is encouraging the government to take action on this issue, SoFi already helps graduates refinance their private and Federal educational debt!

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SoFi Joins Skoll Foundation and Imprint Capital on Social Enterprise Panel

Last week, SoFi co-founder Dan Macklin was invited by Chicago Booth to participate on a social enterprise panel in San Francisco.  Local alumni from the University, prospective business school students, and other members of the community were in attendance to hear the panel’s take on the future of social entrepreneurship.

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An Income Based Panacea? Think Again.

Much has been written about the new income based repayment (IBR) rules the President recently signed into law. Notably, maximum payments on qualifying federal loans are now capped at 10% of disposable income rather than 15% before, and after 20-years, any remaining balances are forgiven, versus 25-years before.

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