• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Catherine Gacad

  • About
  • Categories
    • Archives
    • Blogging
    • Burning Man
    • City Guides
    • Education & Politics
    • Favorite Books
    • Finances & Retirement
    • Parenthood
    • Relationships
    • Religion
    • San Francisco Bay Area
    • Travel
  • Hire Me
  • Subscribe
    • Feedburner
    • Bloglovin
    • Feedly
  • Search

All Posts, Finances & Retirement

Money Monday: Getting a Return on Investment from Your Alma Mater

peer to peer lending companiesThink about when you graduated from college or graduate school, and you came out with a crackload of loans with interest rates up the wazoo. Didn’t you wish you had some wealthy relative who could write a check to take away the financial pain? Or at least someone who believed in you and could make an investment on your behalf?

This is your opportunity to put your money where your heart is and make some student’s dream come true. And make money doing it! What better investment is that?

Did you believe in yourself after your graduated from school?

Do you believe in your alma mater?

Do you think your alma mater selects the most capable, ambitious, successful students?

This is not a donation.

Through a peer-to-peer lending company called CommonBond, you can invest in students by paying their student loan, and they in turn will repay you, with a 4-6% return for you. This is genius! Research shows that graduates of Wharton business school have less than a 1% chance of defaulting on their loan. I am all over this!

Related

Tweet
Pin
Share4
4 Shares

09.09.13

Tweet
Pin
Share4
4 Shares

Reader Interactions

Comments

  1. ShesWrite

    September 9, 2013 at 11:28 pm

    Oooo! I love this idea! I’m going to put it on my Facebook page. Thanks for sharing!

    Reply
  2. Janine Huldie

    September 10, 2013 at 4:56 am

    Seriously wish this was available when I was in school, because I am still paying off loans to this day. Thanks for sharing Catherine and sounds like a great idea!

    Reply
    • Catherine

      September 12, 2013 at 8:18 pm

      i still have fannie mae loans, janine. you’re not alone!

      Reply
  3. Nellie @ Brooklyn Active Mama

    September 10, 2013 at 7:20 pm

    I need someone to come pay my loan back, stat! Why didn’t I think of this idea?!

    Reply
    • Catherine

      September 12, 2013 at 8:19 pm

      isn’t it a fantastic concept? i also think it would be great if alumni who aren’t new grads (i.e., someone like me who may need money for a down payment) could get loans from other alumni.

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Welcome to my site, derived from an advice column I wrote while getting my MBA. I live in the San Francisco Bay Area. I give helpful, opinionated advice based on my own experience and from the expertise of my extensive network. For more, click here.

Categories

  • Archives
  • Blogging
  • Burning Man
  • City Guides
  • Education & Politics
  • Favorite Books
  • Finances & Retirement
  • Parenthood
  • Relationships
  • Religion
  • San Francisco Bay Area
  • Travel

Popular Posts

  • What to Know About the Lair of the Golden Bear
  • How to Maximize Your Time at Gilroy Gardens
  • The Divorce Manifesto: Love (and Divorce) in the Time of Coronavirus
  • Alameda County Fair
  • The Most Important Post You Will Read On My Blog
  • We Are Pregnant!
  • Newborn Reality
  • Newborn Photos
  • How to Change the World in 2020
  • Labor & Delivery: the Good, the Bad and the Beautiful

Back to top

© 2022 Catherine Gacad.