SoFi Blog

Tips and news—
for your financial moves.

From the Office To the Open Road: How One Woman Turned a Personal Loan Into a Road Trip Across America

Having lived her entire life in Greensboro, North Carolina, Katie Shank, 26, was ready for a change. After graduating with a bachelor’s in history from University of North Carolina Greensboro, Katie was working an office job at a large clothing corporation, as a liaison between departments. It was paying the bills, but not exactly her dream job.

So when her boyfriend, Jordan, asked if she wanted to quit her job and buy an RV to travel the U.S., Katie jumped at the chance. With the help of a mysterious Craigslist ad and a $9,000 SoFi personal loan, Katie and Jordan now have a mobile home from which they can search for their ideal city. Soon they will be headed west to make a new life for themselves, all within the comfort of their tiny home on wheels.

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Student Loan Refinance – MBA

Refinance MBA Loans

Corner the market on
student loan savings.

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Checking your rate will not affect your credit score.

Rates and Terms

Whether you’re looking to lower your monthly payments or pay off your loans as soon as possible, we have flexible terms and rates to suit your plan.

Variable Rate

Rates start from 5.99% APR to
9.99% APR (with AutoPay).1

Fixed Rate

Rates available from 4.24% APR to
9.99% APR (with AutoPay).1

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Why Refinance Student Loans with Sofi?

Serious
Savings

Low fixed and variable rates. No application or origination fees.

Federal + Private

We’re one of the few lenders that consolidate and refinance both federal and private loans.

Exclusive
Rates

Get a 0.125% rate discount✝✝ on an additional SoFi loan just for being a member.

Unemployment
Protection3

If the unexpected happens, we’ll temporarily pause your loan payments and help you in your job search.

Career
Support

Work one-on-one with a SoFi Career Advisor to get personalized career support.

Leading
Insight

SoFi is the #1 student loan refinancing provider in the U.S. with over $73 billion+ in loans originated to date.**

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Three Easy Steps

We make it easy. If you have questions, our customer support team is here to help you through the process—seven days a week.

Online Pre-Approval

Our two-minute pre-approval process lets you know if you quality before starting the application.

Select a Loan

Compare the plans available to you with specific payments, rates, and terms.

Upload & Sign

Easily upload documents via screenshots or smartphone photos, then sign electronically.


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Hear from our members

“I’ll admit it. I’m obsessed with SoFi—SoFi has shown time and time again that they are truly invested in my personal and professional success!”

— Jennifer, M.B.A.

More Resources

mba grad paying off debt

How one MBA grad became a total minimalist and paid off $90K in student debt

Joe Mihalic chronicles his journey to pay off his Harvard business school loans.

post

SoFi’s no “BS” 2017 MBA rankings examine salary vs. debt

Given the high cost of tuition and steep interest rates on graduate student loans, return on education for the top MBA programs varies widely.

Student Loan Smarts

Facing a post MBA career crossroads: how to pull a successful career pivot

How to develop the expert career management skills to help you find your next step.

View On the Money

Questions? Call us for a free consultation at
855-456-7634.

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4 Ways To Save Up for a Down Payment (Without Giving Up Your Avocado Toast)

A wealthy real estate mogul recently told millennials to stop buying avocado toast if they ever want to buy a house, and the internet went berserk. The advice was poorly received, because many felt that it was out of touch with the current financial environment. For one, the millennial generation has only ever known income stagnation, wages that haven’t kept up with inflation, and skyrocketing college and real estate prices. Two, the assertion that we can’t stop shelling out for fancy breakfast foods buys into the shallow narrative that millennials don’t know the meaning of hard work or the value of a dollar.

While I largely side with the outraged denizens of the interwebs, I’ll play devil’s advocate here: Clearly, Avocado Man was hoping to make a point about frivolous spending, but he veers off track when making the assumption that this is a trademark of the millennial generation. Current times have seen people of all ages spend more on “stuff” than ever before.

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I Tried the ‘Portfolio Career’ Trend and Here’s What Happened

When I was laid off from my corporate marketing gig in the fall of 2015, I had no idea what I wanted to do with my life. All I knew was that I didn’t want to go back to the handcuffed existence I’d spent so much time working within.

One day, while surfing the internet, I saw a part-time internship listing for a local fitness company. Even though I knew my eight years of work experience and MBA made me overqualified, I applied. My thought was that it seemed fun and could bring in a paycheck while I figured things out. As luck would have it, the owner agreed to hire me (with a Director of Marketing title, no less) for five hours a week of work.

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How to Financially Care for Your Parents As They Get Older

Think about your best memories of your parents while you were growing up for a moment. Maybe it’s the year they finally bought that bike you wanted for your birthday, or all the times you opened the freezer to see it stocked with mint chocolate chip ice cream, because mom knew it was your favorite.

It’s worth pondering as you take in your parents now, as they grow older. You might be wondering when you’ll be returning the favor of taking care of them, and more importantly, how.

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