21 February 2018
Student Lending Platform Meritize Secures $6.8M Seed Funding Round The Company Uses a Proprietary Merit-Based Lending Model to Fund Skills-Based Education   FRISCO, TX, February 21, 2018 – Meritize, an educational lender that uses an individual’s academic data to enhance credit evaluation and expand funding for career-based education, has closed…

New York Life Announces New Employee Benefit to Ease the Burden of Student Loans

03 October 2017
Recognizing the stress and financial burden that student debt can create, New York Life has launched a student loan repayment program offering up to $10,200 over five years for eligible employees*, as well as student loan advice and online planning tools. Through the new benefit, employees who have taken out student loans for themselves will receive assistance to accelerate their student loan repayment plans.  If they have taken a loan out for their child, they will receive counseling and advice to help guide them through the repayment process.

Student Loan Genius adds Fintech Veteran, Matt Beecher, as New CEO

15 August 2017
Student Loan Genius, inventor of America’s first student loan management platform for employees, announced Matt Beecher, fintech industry and venture capital veteran, as its new CEO.

Beecher joins as the company crosses $300 million in student loan debt help offered, increasing its reach by 200% by December 2017. The company’s first of its kind solution provides student loan counseling and contributions that help borrowers who work for companies like Pinterest and Twilio reduce payments by an average of $251 each month and shave up to 12 years off repayment.

Meritize Names
Chief Financial Officer

12 June 2017
Meritize, an educational lender that leverages individual academic data to enhance credit evaluation and expand student lending, today announced the appointment of Phillip Stegner as Chief Financial Officer.

A seasoned financial services leader with broad expertise spanning consumer and corporate financial markets, credit risk management, quantitative analytics and public policy, Stegner offers a wealth of experience in his role as Meritize CFO. He has deep knowledge of financial modeling and structuring as well as expertise in credit and credit markets that will be crucial to building a solid financial strategy and infrastructure.

Meritize Names
Chief Credit Officer

22 May 2017
Meritize, an educational lender that leverages individual academic data to enhance credit evaluation and expand student lending, today announced the addition of Manu Sharma as Chief Credit Officer. Sharma will be responsible for the management of credit evaluation and risk analytics for student lending at Meritize, including underwriting, loan review process and policy, and default mitigation.

Student Advising
Just Got Easier;
 College Consortium Webinar

24 Feburary 2017
In this month's webinar, speaker Greg MacConnell shared how online (and even accelerated) courses can be the ultimate resource for advisers to meet institutional, student, and advising goals.  He examined specific profiles of students who are often behind, how an online course can help them catch-up, and ways the institution can bring academic sharing into advising to improve retention, rate of progress, and revenue.

Private Student Loans Continue Healthy Performance Trends

13 December 2016
MeasureOne, a higher education data and analytics firm focused on the $1.4 trillion-dollar student loan market, today released its semiannual Private Student Loan Report showing continued strong performance among private loans originated to finance undergraduate and graduate education. According to MeasureOne data, delinquency rates declined between 9 and 15 percent for both undergraduate and graduate loans, originations increased by more than 5 percent, and charge-offs declined by 21 percent with the lowest third-quarter charge-off rate since before the financial crisis.

Research in this report reflects data as of Q3 2016 for private student loans and does not include federal student loan data. Private student loans, which are credit-based loans underwritten by lenders, make up roughly 7.5 percent – approximately $102 billion – of total student loans outstanding. The remaining 92.5 percent of the $1.4 trillion in total student loans are federal loans.

MeasureOne - Higher Education and Student Loan Analytics Firm - Provides Improved Insights into Student Loan Repayment and Risk

13 September 2016
MeasureOne specializes in data-driven insight for the higher education finance industry, and its most recent report on private student lending shows that families are effectively managing their private student loans.

"MeasureOne has built a trusted brand in the post-secondary education data and analytics market, shedding light on the second largest form of consumer credit in the U.S. Socratic Ventures is thrilled to invest in the company and to collaborate with the team to illuminate the possibilities from here," said Joshua Pierce, managing partner at Socratic Ventures.