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Student Lender Mpower Shutters Following Immigration Crackdown

Mpower Financing, an American lender focused on loans to international students, is reportedly shutting down. That’s according to a report Wednesday (Oct. 7) by Bloomberg News, which calls this one of the biggest corporate implosions related to President Donald Trump’s immigration crackdown. According to the report, Mpower had been relying heavily on students from African countries like Zimbabwe,…

Student Lender Mpower Shutters Following Immigration Crackdown

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

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