Student loan refinancing. Sell the debt to a cheaper lender.
It is a financial instrument.
It exists to relieve Debt that arrives before the income does. That is the whole reason it is here: nothing enters this map without a human problem behind it.
It could not exist without Banking system and Credit score. These are the quiet preconditions — remove any one and the solution stops working.
2 organisations in this map sell it, 2 of them publicly listed.
Its neighbourhood
Everything this entry connects to directly. Click any point to follow it.
The line back to a human being
6 hops from a person at a phase of life. The further a thing sits from the person, the more abstract it looks — and the more it tends to be mistaken for something that came from nowhere.
- SolutionStudent loan refinancing
- FrictionDebt that arrives before the income does
- SolutionStudent loans
- FrictionThe credential costs more than the student has
- SolutionUniversity
- FrictionAcquire a credential that employers will accept
- Life phaseEarly adulthood
- Rooted inScarce resources
- Rooted inStatus
- Rooted inUncertainty
Relieves
Requires
Who sells it
| Organisation | Value | Type | Products |
|---|---|---|---|
| SoFi Technologies | $20B | public · SOFI | student loan refinancing, personal loans, mortgages |
| Navient | $1.5B | public · NAVI | student loan servicing and refinancing (Earnest) |