SoFi Blog

April 15th is a day most are familiar with. For some, it means sending money off to Uncle Sam. For others, it means an influx of cash as a tax refund is issued.

Tax season with student loans can be a little different since student loans could impact your tax return in a couple different ways. In some cases, certain tax deductions can help borrowers decrease their tax liability (which is the technical term for how much an individual owes in taxes). Other times, the harsh consequences of struggling to make student loan payments kick in.

Taxes and student loans can be confusing enough on their own. When you combine them, it can feel like you are trying to navigate a maze. While everyone’s situation is different, there are some rules and regulations worth knowing.

Groupon or GrubHub? Square or Paypal? eBay or Etsy? Who will win our business may be up for debate, but the question of how the gig economy is changing the future of work and commerce certainly is not.

When you think about the Gig Economy, you may immediately think of Lyft drivers and short-term rental hosts, but there are many other players and companies helping to make this shift in the workforce a permanent fixture of everyone’s daily lives to bring you what you want, when you want it.

In a year of hotly anticipated IPOs, perhaps one of the most anticipated is Uber. The ridesharing company’s IPO this week is set to be one of the largest in history. Here’s a dive into the company and what to know about its IPO.

You may have heard that a couple weeks ago, we launched our very first SoFi-branded, waived-fee* ETFs, SoFi Select 500 and SoFi Next 500. Well, we’ve got more good news! We’re here today to share that we’ve launched two more ETFs. We’d like to introduce SoFi Gig Economy (NASDAQ: GIGE) and SoFi 50 (NYSE: SFYF).

More than 44 million borrowers collectively owe $1.5 trillion in student loan debt in the United States. Looking at these numbers more specifically, the average student loan balance is around $34,000.

And student loan balances have a ripple effect—they’re now impacting borrower’s financial decisions after college, including deciding whether to save for retirement or put away money for a house down payment.

If you are one of the millions who have taken out student loans for your college education, you may be worried about how to stay focused in college classes with this debt looming over your shoulder. It’s an understandable concern, of course—it can be difficult to focus on Creative Writing 201 when you’re busy calculating how much you’ll need to take out in student loans next year. Nonetheless, here are some tips to help you keep calm and stay focused on school.