NEW YORK, Jan. 20, 2022 /PRNewswire/ -- Edly, the nation's only student loan platform offering income-based repayment (IBR) loans in the private sector, today announced its acquisition of Avenify, a leader in student financing for nursing school. Through this purchase Edly will expand its social impact and provide more nursing students with access to the company's affordable, flexible and secure education financing solution. The company also announced that it is growing its executive leadership team, naming Rob Caskey as chief operating officer. These latest steps in Edly's rapid growth come at a critical moment for US student borrowing, as the federal student loan repayment moratorium is set to expire on May 1, 2022, and the nation faces a critical shortfall of more than 1.1 million nurses[i] on the front line of America's health care system.
Murphy Bova Client Edly Acquires Avenify