Student Lender Mpower Shutters Following Immigration Crackdown
By PYMNTS
Source excerpt · PYMNTS
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,…