Updated Jan 29, 2018

SoFi offers discounted loans to WeWork

A man enter the doors of the WeWork cooperative work space. Photo: MANDEL NGAN/AFP/Getty Images

SoFi has inked a deal with WeWork to make its student and personal loans available to the co-working giant's more than 3,000 employees and 175,000 customers in the U.S. at discounted rates, though they still have to qualify.

Why it matters: Student loans and other debt are a top barrier to riskier career bets like entrepreneurship or even going back to school.

But: While noble in mission, loan services like SoFi tend to favor borrowers with high incomes and low risks of defaulting, as BuzzFeed reported a year ago — not the profile of those most saddled by student debt.

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