CommonBond’s Story: A Revolution in Student Loans

Listen to the full recording of our conversation with Michael and David.

The CommonBond co-founders (L to R: Michael Taormina, CFO; Jessup Shean, Advisor; David Klein, CEO)

Welcome to the glorious world of applications, admissions, and…well, student loans.

CommonBond to the rescue! Meet David Klein and Michael Taormina, Wharton grads and co-founders of this very exciting student loan financing startup.

Listen to the full recording of the show to learn about CommonBond, student loans in general and some excellent advice on financing your education.

00:02:45 – Inspiration at Wharton (or ‘Wow, tuition is high!’).

00:05:04 – The three S’s that make CommonBond unique.

00:09:10 – Beyond funding: community, mentorship, and support at CommonBond.

00:13:00 – Is there a 100 million dollar upgrade coming up?

00:14:02 – Flat rates for all. (Even lawyers!?)

00:17:28 – A guided tour of the loan application process.

00:22:52 – Refinance candidates vs. in-school candidates.

00:24:06 – CommonBond’s goals for 2014.

00:25:40 – What about international students?

00:28:42 – Financial advice for applicants and future applicants.

00:37:18 – A personal question: What motivated 2 guys with successful careers go to b-school?

00:43:17 – Some very concrete tips for getting into business school.

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*Theme music is courtesy of podcastthemes.com.

Relevant Links:

•  CommonBond
•  MBA Budget Calculator
•  MBA Special Reports
•  Law School Special Reports
•  Pre-Med Special Reports
•  Grad School Special Reports

Related Shows:

•  Interview with SoFi Co-Founder, Daniel Macklin
•  Global Business Leadership at Wharton’s Lauder Institute
•  Which Schools are Good for PE/VC and VC-Backed Entrepreneurship
•  Business, Law and Beyond: An Interview with John Engelman
•  Healthcare Management at Wharton and at Large

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