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nextstudent
Information by Research TrustFinance
Founded in 1999 as Freedom Financial Services and later rebranded, NextStudent, Inc. was a prominent provider of educational financing solutions in the United States. The company specialized in originating, servicing, and securitizing private student loans, offering both undergraduate and graduate loans, as well as consolidation services for existing student debt. After facing significant financial difficulties, exacerbated by the 2008 financial crisis which tightened credit markets, the company was unable to sustain its operations and ultimately filed for Chapter 7 liquidation bankruptcy on May 18, 2012, ceasing all operations.
United States
Industry
Financial