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Student Loan Repayments Restart in October. What That Means for SoFi Stock.

Por: MarketWatch Business September 30, 2023

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In the second quarter, SoFi (ticker: SOFI) originated about $395 million in student loans. That compares with $1.19 billion recorded in the same quarter four years prior as borrowers sought to lock in lower rates or reduce the checks they write each month by paying over a longer period. “When you don’t have to pay, you’re not going to refinance,” Jefferies analyst John Hecht, who rates the stock at Buy, told Barron’s. As payments... + full article



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