In the student lending space, the summer is the busiest time of the year, and it certainly felt that way at MPOWER! Here are a few highlights.
We raised over $4M in debt and equity
Set out to raise $750K and ended up raising over $4M! Thanks to Baltimore Angels, Village Capital, Goal Structured Solutions, 1776, Panther Angels, RTR International, and all the individual Angels for their investment and support. This prompted Mike to not only shave his fundraising beard but to completely shave his head also. Watch the short fundraising video we created to thank you all.
New Team Member
Lana believes that access to higher education should be available to everyone, irrespective of their financial background. This guiding tenet brought her to MPOWER, where she’s excited to make a real difference in financial inclusion and financial literacy. Prior to MPOWER, Lana spent seven years in institutional asset management, including working at PIMCO in Southern California. In her free time, Lana volunteers as a personal finance instructor for non-profit organizations in the area.
New data available for post-graduation employment
MPOWER firmly believes that return-on-investment (ROI) should be one of the key factors students consider when choosing a university and major.In our day-to-day activities at MPOWER, we build cost-of-education and future-income databases based on information from internal, university, and third-party data sources. We were really excited when the Department of Education released its new college scorecard emphasizing cost, graduation rates, and median earnings after graduation. We plan on using the new data to improve our education ROI analytic capabilities, and we hope this leads to more ROI-conscious college decisions!
Check out our updated website and share MPOWER with your contacts
Chief Executive Officer
Student Loans. Crowdfunded. Global Empowerment.