Shinty round-up - Saturday July 31 | The Oban Times
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Prodigy Finance Issues $288M Student Loan ABS
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Borders shouldn’t prevent students from realizing potential
Another academic year beckons and graduate students across the U.S. are beginning their quest to become future engineers, bankers, and doctors. Moreblessings Sekenhamo, an aspiring investment banker from Harare, Zimbabwe, wanted desperately to be one of these students able to come to the U.S. to pursue his graduate degree so that he could one day focus on infrastructure development in his native country.
In 2014, he received a scholarship to attend the University of Chicago’s Booth School of Business. But, that wasn’t enough to move across the Atlantic Ocean, cover rent, purchase books and manage other everyday expenses students have to deal with. And even though he had worked as an investment banker in Zimbabwe for more than 6 years, he was unable to find a single bank in the U.S. or his home country that was willing to provide him with a fair loan. He quickly realized that simply wanting to contribute academically