In the summertime off 2011, David Klein got problems, a challenge mutual by many people MBAs in the HBS: high-cost college loans. At the time, he had been typing Wharton’s full-go out MBA system, poised to begin with a pals prior to graduating. He unwittingly occurred up on the pain section, and you will best idea, who does simply 9 weeks later on produce him to drop away from university.
The guy with his co-founders – Michael Taormina and Jessup Shean – has actually as centered a student mortgage lender you to definitely centers on minimizing the expense of repaired speed figuratively speaking for MBA youngsters in the fresh new You.S. The firm has already disbursed millions of dollars and you can intentions to launch from the HBS that it spring season.
CommonBond lies in a type of “public lending imitation watches.” Scholar borrowers access less expensive, repaired speed financing provided with buyers whom secure an aggressive financial return. Continue reading “Particular have begun referring to CommonBond given that “new Warby Parker away from student education loans,” a nickname CommonBond wears humbly”
