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College Ave Announces $385 Million Securitization Completion

College Ave Announces $385 Million Securitization Completion   Student loan marketplace, College Ave Student Loans, announced on Tuesday it has completed a $385 million securitization of private student loans, its fourth securitization and largest to date. According to College Ave, the CASL 2021-A transaction was completed in February 2021 and saw significant investor demand and high levels of oversubscription, building upon the success of previous securitizations and attracting what was claimed to be a broad and diverse group of repeat investors and new participants across the capital structure. Speaking about the securitization,  Joe DePaulo, CEO and Co-Founder of College Ave Student Loans, stated: “In our six years in the market, College Ave Student Loans has built a strong reputation among the investment community. The market response to this securitization reinforces the depth of interest among institutional investors in our platform and business model, our expertise

The Next Generation Of Financial Firms Is Making Delaware Its Home

The Next Generation Of Financial Firms Is Making Delaware Its Home Barclays Delaware headquarters. In the last four decades, Delaware has established itself as the financial capital of the mid-Atlantic. The state’s business-friendly banking and tax codes have inspired some of the biggest names in the financial world to move to Delaware in droves, including JPMorgan Chase, Bank of America, Barclays and Capital One. Delaware has the highest relative concentration of financial services jobs of any state in the U.S. Jobs in the financial services sector make up 9% of all the jobs in the state, which is nearly twice the national average. Wilmington serves as the hub of this massive financial sector, with nearly 170,000 financial services workers across the metro labor market. Now, the state has become a hotbed for the next generation of financial firms: financial technology, or fintech, companies.

New Research on How Families Are Paying for College During a Pandemic

New Research on How Families Are Paying for College During a Pandemic Financial aid award letters arriving now: Families concerned about college affordability in 2021-2022 News provided by Share this article Share this article WILMINGTON, Del., Feb. 24, 2021 /PRNewswire/  With financial aid award letters arriving now, the COVID-19 pandemic has parents concerned about the affordability of college for the upcoming 2021-2022 school year. The recent College Ave Student Loans survey of 1,009 parents of college undergraduate students conducted by Barnes & Noble College Insights TM found of those planning to help their child pay for college, approximately half (52%) said the pandemic will make it more difficult to pay this fall. Despite these challenges, the commitment to higher education remains steadfast: 93% of families agree obtaining a college degree is more important than ever.

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