SoFi Blog

Are you in your 20s or 30s? Do you cringe when people call you a Millennial and make sweeping proclamations about your generation as if you were from some new planet? The stereotypes have become so prevalent that one person took matters into his own hands with a hilarious Chrome extension that replaces the “m-word” with the term “snake people” (feel free to use it on this article).

It may be tough to live with all the attention, but bear with the rest of us.  After all, people born in the 1980s and ‘90s,count for more than a quarter of America’s population and are shaping the world for everyone in new ways. Other folks are naturally going to be curious about the preferences and habits of this new generation of young adults.

When it comes to choosing an MBA program, cost is only one consideration. For years, business schools, pundits and publishers of MBA rankings have urged that you should also weigh factors such as average class size, required test scores and placement rate when choosing where to apply. This advice still rings true, but it fails to convey a harsh reality.

If you’re thinking about getting an MBA to advance your career, you’ll first want to conduct due diligence to ensure the return on investment is what you need it to be. After all, the average cost for top MBA programs in 2013 was $111,418, according to U.S. News & World Report.

Employers competing for talent in a hot job market have a new tool in their arsenal: student loan repayment support.

To the delight of many job hunters, a growing number of companies now offer some form of assistance with student loan debt alongside more traditional HR benefits like 401(k) plans and health insurance. And it makes sense – with the average debt for recent undergrads and graduates estimated at about $35,000 and $58,000, respectively, who has money left over to fund a 401(k)?

As the 2016 presidential hopefuls announce their plans to deal with student loan debt, student loan refinancing is once again at the center of the education debt debate. The media coverage thus far has made a couple of things pretty clear. First, a lot of people are unaware that they can apply to refinance federal student loans through a number of private lenders right now – no legislation required.