Chase Bank Exiting Student Loans for New Customers

Chase Bank announced that they would exit the student lending market (except for their current customers). Here’s some of the coverage:

So what does this mean for you? Well, it means that students will have to rely that much more on federal government loans. And we believe federal government loans are too expensive. We also believe we can do something about it. In fact, we’ve already begun doing it.

About David Klein

David is CEO & Co-founder of CommonBond, a financial exchange that provides low-cost, fixed-rate financing for students in higher education, while providing investors with competitive financial returns.
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