SoFi Blog

For borrowers who are eligible, the decision to refinance student loans is typically a no-brainer. Not only does refinancing allow you to choose between lower monthly payments and a shorter payment term, but it also lets you consolidate your monthly bill and – most importantly – save a significant amount of money over the life of the loan.

But even if you’re excited about the idea of sticking it to your student loans, you may be concerned about how much work will be involved in the refinancing process. Which is understandable, given that most important financial transactions involve a mountain of paperwork and multiple calls to an unhelpful customer service center.

Are you in your 20s or 30s? Do you cringe when people call you a Millennial and make sweeping proclamations about your generation as if you were from some new planet? The stereotypes have become so prevalent that one person took matters into his own hands with a hilarious Chrome extension that replaces the “m-word” with the term “snake people” (feel free to use it on this article).

It may be tough to live with all the attention, but bear with the rest of us.  After all, people born in the 1980s and ‘90s,count for more than a quarter of America’s population and are shaping the world for everyone in new ways. Other folks are naturally going to be curious about the preferences and habits of this new generation of young adults.

In all my years working with graduate school candidates in the recruiting and career counseling fields, one of my favorite challenges has been helping them switch careers.  Lucky for me, this shift towards a new career path is a phenomenon that’s on the rise.  While I wouldn’t recommend changing careers on a repeated basis, I do believe that one or two thoughtful, well-planned transitions can actually be good for your career.

We recently announced the newest members SoFi Entrepreneur Program, a group of promising SoFi members who are starting businesses while also paying off student loans. As they progress through the program, we’ve asked each member to share important lessons they’ve learned on their road to startup success.

Whether you’re looking for a new job, angling for a promotion or just seeking more responsibility in your current role, most people would agree that summer is not the best time to accomplish big career moves.   People are out on vacation, attitudes are relaxed and things move slowly, making it difficult to schedule interviews and get exposure at work.