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What Are the 5 Stages of Business Growth?
https://www.sofi.com/learn/content/what-are-the-stages-of-business-growth/
Every business, regardless of its size, generally goes through five stages of business growth — development, startup, growth, maturity, and renewal or decline. Each stage in a company’s lifecycle brings its own unique challenges and opportunities, and each is considered a healthy part of the business cycle. By learning about each of the growth stages, […]
Money Market vs Capital Market: What’s the Difference?
https://www.sofi.com/learn/content/money-market-vs-capital-market/
The money market is where short-term debt and lending takes place; the capital market is designed for long-term assets, such as stocks and bonds. The former is considered a safer place to park one’s money; the latter is seen as riskier but potentially more rewarding. While the money market and the capital market are both […]
Fresh Start Program and Student Loans in Default
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The Fresh Start Program offers federal student loan borrowers who are in default a second chance at regaining federal aid benefits. This program allows defaulted borrowers to pull themselves out of the consequences of default, but borrowers must take action to enroll in the program by the impending deadline. According to StudentAid.gov, more than six […]
Does ROTC Pay for College?
https://www.sofi.com/learn/content/does-rotc-pay-for-college/
ROTC, short for Reserve Officers’ Training Corps, offers college scholarships to students who commit to serving in the U.S. Armed Forces after graduation. ROTC college scholarships can cover significant college costs, including tuition and other fees. While in college, you get to experience campus life just like any other student; however, once you graduate, you […]
Is $110K a Good Salary for a Single Person?
https://www.sofi.com/learn/content/is-110k-a-good-salary/
You just got a new job offer and are wondering if $110,000 is a good salary. The truth is that in many parts of the U.S., it can be, especially for a single person. In most cases, you can probably cover your basic expenses and have some left over for savings. Of course, there are […]