In the summer away from 2011, David Klein got an issue, a problem shared by many people MBAs at HBS: high-prices student loans. At that time, he had been entering Wharton’s full-time MBA program, poised to start a pals in advance of graduating. He unwittingly occurred up on the pain point, and you can ultimate tip, who only 9 weeks later on cause him to decrease out from school.

The guy and his co-founders – Michael Taormina and you will Jessup Shean – possess while the created students lending company you to definitely concentrates on reducing the price of repaired rates figuratively speaking getting MBA people in the the newest You.S. The firm has paid huge amount of money and you will intends to discharge at the HBS it spring.

CommonBond will be based upon a type of “personal lending simulation observe.” Student consumers gain access to less expensive, repaired price loans available with people which earn a competitive economic come back. Continue reading “Particular have started speaing frankly about CommonBond because “the Warby Parker out-of student loans,” a moniker CommonBond wears humbly”