In the News

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Article

David Adefeso and Sootchy App Take on Black Financial Literacy Gap by Partnering with Capital City Lighthouse Charter School

February 25, 2021
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YahooFinance
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Article

Titans of Tech in Arkansas: 2021

February 12, 2021
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AMP
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Press Release

Sootchy Hires Top Talent in Marketing and 529 College Savings Plans

February 2, 2021
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YahooFinance
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Article

LA startup Sootchy forms team in Northwest Arkansas

January 21, 2021
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TB&P
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Press Release

Sootchy Gives $40,000 to New Mexico Student

January 19, 2021
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New Mexico
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Article

Sootchy App Makes College Savings Plan Alternative to College Debt

December 24, 2020
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TechCrunch
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Article

Can Biden Really Forgive Student Loans By Executive Order?

December 17, 2020
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Forbes
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Article

Teaching the Finesse of Finance to Free Young People from Lifelong Loans

November 18, 2020
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GLOBIS Insights
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Article

What happens to a student loan if you drop out?

October 14, 2020
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Fox Business
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Press Release

Win $40K to Use for Education Savings, School Expenses or Student Loans in Sootchy's Sweepstakes

September 15, 2020
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PR Newswire
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Press Release

Sootchy App Aims to Make Debt-Free College a Reality for Every Child by Eliminating Student Loans through 529 Plans

August 18, 2020
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PR Newswire

US Student Loan Debt Statistics

An icon for total student loan debt
Total Student Loan Debt
$1.56T
An icon for total US borrowers
Total U.S. Borrowers
44.7M
An icon for average student loan debt
Average Student Loan Debt
$32,731
An icon for default rate
Default Rate
10.8%
(90+ days delinquent)
An icon for direct loans
Direct Loans
$119.8B
(5.5 million borrowers)
(Source: As of 3Q 2019, Federal Reserve & New York Federal Reserve)
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