Earnest today announced the close of the $175 million Earnest 2017-A transaction backed by refinanced student loans. The offering received an AA (high) rating on the senior notes by DBRS which is now only one notch below the highest...

Louis Beryl, founder of student-loan startup Earnest, likes to say his company is focused on relationships, not just profit. That said, plenty of money is coming his way. Earnest announced on Tuesday that it would receive $275 million in...