Student Lender Recognized for Growing Impact on Higher Education Accessibility and Affordability

Earnest, a leading fintech company on a mission to make higher education affordable for all, has been honored on CNBC’s list of the World’s Top FinTech Companies of 2024, which is co-presented by Statista, the world-leading statistics portal and industry ranking provider.

“From our recent survey, we know that 92% of recent college grads would have done college differently if they’d understood the total amount of money they’d owe – something we’re out to change,” said David Green, CEO of Earnest. The survey revealed that given their debt after graduating, recent college graduates would have chosen more profitable majors or less expensive schools, started at community colleges, delayed college, or not attended at all. Green added, “We’re honored to be recognized among CNBC’s Top FinTech Companies, but we don’t just want to be among the best fintech companies. We want to help students make major financial decisions in a responsible way.”

Earnest maintains a transparent, student-first approach to reduce students’ total education costs, supercharge their ability to pay down debt, and get on the right financial track, fast. It does this by helping students make informed decisions, for example, by showing them exactly what they are signing up for and how each payment option will ultimately impact the total cost of their loan. The specialists on Earnest’s Client Happiness and Going Merry teams also offer honest guidance about a full range of options to fund a student’s higher education and which of their needs Earnest can meet.

Since its founding in 2013, Earnest has earned more than 264,000 happy clients and refinanced $18.7 billion in student loans. What’s more, the company has a 4.7/5 star rating on Trustpilot, and this award follows being named Best Private Student Loan Lender by U.S. News & World Report.

In 2021, Earnest acquired Going Merry by Earnest to help get students on the path to financial stability before taking on debt. The platform is used by two out of every three high schools in the U.S., providing free access to scholarships, financial aid, and helpful guidance to navigate the financial aid and college application processes.

CNBC’s designation results from a rigorous evaluation of over 2,000 global fintech companies spanning eight market segments. Learn why more students and families are turning to Earnest to help them take control of their financial future at www.earnest.com.

About Earnest

Earnest empowers past, present, and soon-to-be students to maximize their financial futures through thoughtful guidance and impactful products. Founded in 2013 on the belief that financially responsible people deserve better options and access to credit, Earnest's education tools and lending products empower anyone seeking higher education to reduce the total price tag of their education, supercharge their ability to pay down student debt, and get on the right financial track fast. Learn more at earnest.com.

Earnest is a subsidiary of Navient (Nasdaq: NAVI).

Earnest Private Student Loans are made by One American Bank, Member FDIC, or FinWise Bank, Member FDIC. One American Bank, 515 S. Minnesota Ave, Sioux Falls, SD 57104. Finwise Bank, 756 East Winchester, Suite 100, Murray, UT 84107

Earnest loans are serviced by Earnest Operations LLC, 535 Mission St., Suite 1663 San Francisco, CA 94105, NMLS #1204917, with support From Navient Solutions, LLC (NMLS #212430). One American Bank, FinWise Bank, and Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by agencies of the United States of America.

© 2024 Earnest LLC. All rights reserved.

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“From our recent survey, we know that 92% of recent college grads would have done college differently if they’d understood the total amount of money they’d owe – something we at Earnest aim to change,” said David Green, CEO of Earnest.