SoFi Blog

There’s no question that being an entrepreneur requires you to wear a lot of hats – from product development to logistics to marketing, and everything in between.  And while most entrepreneurs will admit that they are weaker in some of these areas than others, there’s one aspect that few startups can afford to fall short on: fundraising.

Student loan refinancing can have a huge impact on a borrower’s bottom line, saving you thousands or sometimes tens of thousands of dollars in interest over the life of your loan(s).  So how do you know if this option is right for you?  We’ve created this handy guide to illustrate the common characteristics of eligible borrowers, including four examples based on the profiles and savings of some of our real borrowers.

Want to know if student loan refinancing is right for you?  Read on to find out!

What comes to mind when you think of student loans?  If you’re one of the 37 million people that are currently repaying student debt, your first thought is probably of the painful deduction that comes out of your bank account each month.  Or maybe you picture someone you know who’s currently struggling with his or her loans.  Or you recall an article you saw about the “student loan crisis.”

To get ahead in your career, technical expertise is a must-have.  But many experts agree that it’s a mastery of the less tangible qualities – things like leadership, communication and interpersonal skills – that differentiates the great from the good.  You can have advanced degrees, experience and IQ in spades, but if you don’t develop your EQ and other non-technical competencies, your career prospects will likely be limited.

We’ve all heard the entrepreneur stereotypes.  We picture early stage entrepreneurs eating ramen and sleeping on couches, scraping by while trying to get their dream off the ground.  Then, when they finally do, we think that their lives are all fame and glory and lavish lifestyles.