Potential, Not Privilege: Reimagining Student Loans (Jeannie Tarkenton, Funding U)
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Potential, Not Privilege: Reimagining Student Loans (Jeannie Tarkenton, Funding U)
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What if a student's future never came down to who was willing to co-sign for a loan?
In Episode 3 of The Abundance Imperative podcast, Last Mile Education Fund founder and CEO Ruthe Farmer sits down with Jeannie Tarkenton, founder and CEO of FundingU, a fintech company reimagining student lending around graduate outcomes rather than pre-existing family wealth.
Jeannie shares the origin story behind Funding U, including a last mile moment with her college roommate, MacKenzie Scott, plus how differently the financial system treats people based on their assets. She and Ruthe dig into why so few private student loans reach students without a wealthy co-signer, and why the final months of a degree are where the greatest need and the greatest ROI exist.
Along the way, Ruthe and Jeannie explore the real economics of finishing college: why small-ticket problems can keep students from graduating, why free tuition alone does not put gas in a car or food on a plate, and how nonprofits like Last Mile and for-profit companies like Funding U are taking a new approach to paying for college.
Learn more and support Last Mile's mission:
https://www.lastmile-ed.org/
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