PYMNTS

JULY 25, 2017

For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for Education and the Workforce estimates the value at around a cool million. Federal loans cover only a fraction of that bill,” noted LendKey CEO Vince Passione. Lending-as-a-Service.

Banking 40

Banking Education Finance Technology 40

PYMNTS

DECEMBER 5, 2016

Speaking of which… Try To Help Student Loan Borrowers — End Up Paying A Few Extra Billion. Some good news for student loan borrowers has turned out to be a bit more expensive than expected for the federal government. All told, the packet of loans is worth $355 billion.

Transportation 53

Transportation Education Securities Planning 53

PYMNTS

MAY 26, 2020

The reduced expectations come as a direct and painful result of the Great Recession, which hit right as many millennials were completing their often expensive college educations and entering the workforce. Millennials have racked up more than a half-trillion dollars of student loan debt.

Economics 61

Economics Education Retail Marketing 61

PYMNTS

AUGUST 2, 2018

They rarely use credit cards, and only about 5 percent report having student loans. They have similar amounts of education and they earn comparable amounts of money. And as they are getting older, they are trying to recover from student loan payments while thinking about starting a family, and paying a mortgage and a car payment.

Education 40

Education Budgeting Banking Finance 40

Barry Ritholtz

JULY 11, 2023

One is we were securitizing the assets in the auto loan and selling them off to other asset managers because we weren’t able to buy them ourselves. You can put those tags in there but still take a professionally managed strategy… RITHOLTZ: Right. RITHOLTZ: Buy a house, retirement… JOHNSON: Kids’ education, whatever.

Mergers and Acquisitions (M&A) 85

Mergers and Acquisitions (M&A) Investments Finance Technology 85

Barry Ritholtz

MAY 30, 2023

And how is it that you, what’s this car that’s in the parking lot, it’s got plates on it and a tag and it’s brand new. You don’t give them education, so they don’t know any, they can’t only have a skillset. And the Department of Education does not set curriculum. RITHOLTZ: Right.

Economics 56

Economics Education Profit and Loss Banking 56

Barry Ritholtz

MAY 23, 2023

Then suddenly in the ensuing weeks, you get tagged to be CEO. It’s there to –to and loan only (ph). It’s not just a hedge fund, it’s not just doing long shortcuts (ph) or loan only (ph). RITHOLTZ: I — I have been looking forward to this for a while. And when we first booked you, you were like a junior analyst.

Investments 60

Investments Finance Construction Technology 60