Frank founder Charlie Javice said JP Morgan CEO Jamie Dimon was “personally” invested in seeing through the bank’s $175 million acquisition of the student-focused startup. POOL/AFP v...
Tag: financial aid
JP Morgan Is Still Cleaning Up Its “Disastrous” $175M Frank Acquisition
JP Morgan paid $175 million for a startup it believes it was conned into buying. Now, amid an ongoing legal battle, it’s got to clean up a very public mess. Last September, days after JP Morgan suspen...
How Colleges Conceal Their True Prices
getty In most industries, pushing a loan on naïve consumers without clarifying that it is, in fact, a loan, would invite outrage and a possible regulatory clampdown. In higher education, it’s business...