Quite possibly, since the elite U.S. investment bank has been investing millions in educational startups. Students from countries like India, Nigeria and Indonesia have long struggled to finance their U.S. degrees due to limited access to loans, but these new startups could disrupt that. For example, in just the first quarter of 2022, one startup, Prodigy Finance, reported a 98% increase in the number of Indian loan applicants. Nick Cuthbert of the PIE News breaks down the financial projections. (May 2023)
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