Category Archives: Education

GreenSky Credit-A Valuable Financial Technology Lender

GreenSky LLC (formerly called GreenSky Trade Credit, LLC) was founded in 2006 as a financial technology organization based in Atlanta. It offers technology services to merchants and banks for making loans to customers. The loans could be for healthcare, home improvement, and solar purposes. GreenSky credit program gets its funding from state-chartered, federal, and federally-insured financial companies. GreenSky credit program has lent about $5 billion from 2012 to 2016.

How does the company operate?

GreenSky company exists among fintech companies such as Lending Club Corporation since it doesn’t spend its capital on loaning processes. The company makes loans available through its GreenSky mobile app to its merchant customers ranging from retailers to self-contractors who deal with items like furniture as well as advancing home services such as window replacement and roofing. GreenSky Credit firm offers other services such as elective medical procedures and the use of credit cards to cater for the enormous projects from its customers. It provides loans to its customers at a fixed period and a fixed interest rate which has contributed to its business expansion.

Capitalization and valuation

The organization was started in 2006. In 2016, the company generated a capital of $50 million and established a lending plan of $2 billion with Cincinnati’s Fifth Third Bancorp. The move led to GreenSky being rated at $3.6 billion, an improvement in its valuation since its 2014 $300 million fund-raising round. The earlier rounds included investors like QED Investors, TPG, Iciniq Capital, Wellington Management, and DST Global.

The valuation of GreenSky Credit in 2016 groups it among the most valued privately owned startups in financial technology. In 2018, the company set its IPO stipulations to 34.09 million stocks at $21-$23.

Employment and management

Currently, the firm has employed at least 1000 staff. The main representatives include;

  • David Zalik- co-founder and CEO since 2006
  • Tim Kaliban- Chief Risk Officer and president
  • Gerry Benjamin- Vice Chairman

An overview of David Zalik

Mr. David Zalik serves as the CEO and Co-Founder of GreenSky, LLC. He is also the Chairperson of the Board of Directors. Mr. Zalik has also co-founded other organizations like Phoenix, LLC, The Rockbridge Commercial Bank, and The Resource Institute. At RockBridge Commercial Bank, David Zalik was a Director. He worked in the Board of Directors on the Marcus Community Center, Hands on Atlanta, and the Jewish Federation of Greater Atlanta.

Mr. David Zalik is a qualifier for 2016 Entrepreneur of the Year. Other awards he won include;

  • 2000- Abe Schwartz Young Leadership Award
  • 2003- Catalyst Year’s Entrepreneur Award

https://en.wikipedia.org/wiki/GreenSky

How The Rowing Team At Orange Coast College Has Found So Much Success

For a two-year college, Orange Coast College (OCC) has a remarkably successful rowing program. Despite going up against the top four-year university rowing programs Orange Coast College’s teams have won 11 national titles. They went for their 12th title in the 2017 rowing season.

Rowing is a purely amateur sport that involves the power and grace of each individual rower working in unity with their teammates. The captain of the team leads the others and in the 2017 season this position was occupied by Daniel Amado. Amado only recently returned to rowing as he had broken a disk in his back while competing for Los Alamitos High School. He credited the strength he had built through rowing as the reason he was able to get over this injury.

Steve Morris used to be the coach of the rowing team at OCC before other responsibilities in his life needed more of his attention. He now serves as the teams assistant coach which doesn’t entail as much of a time commitment. Talking about rowing, he has said that what he enjoys about the sport is that each rower is working in perfect concert with the other rowers. He said they have to keep perfectly in time or else the rhythm is ruined and the boat won’t go as fast as it otherwise would.

Showing the success of the OCC rowing program, to date 10 of its participants have gone on to compete in the Olympics and world championship events. Many of the rowers go on to row at the programs that exist at four-year universities across the nation. The current coach of the team, Cameron Brown, has said that many of the rowers have gotten much better at the sport at OCC because of the discipline and friendships they have developed at the program.

OCC first held classes in 1948. It is now the third largest community college in Orange County, California. It offers two-year associate degrees as well as certificates of completion. There are about 24,000 undergraduate students at the school and many of them go to four-year universities after completing their education at OCC. Learn more: http://www.orangecoastcollege.edu/about_occ/Pages/default.aspx

 

Rocketship Education Is Taking Teaching To A New Level And Changing Their Students Lives

Unfortunately poor children are more likely to start school already behind and end up dropping out. Rocketship Discovery may have found an answer with five charter elementary schools. On standard tests the poor Spanish and Latino students at Rocketship Education have exceeded the state average. The school wants to expand into fifty cities by the year 2020. Throughout the county people are clamoring for Rocketship schools in their areas and $2 million was spent by the Obama administration to help the school grow.

Rocketship Education spends two hours every day teaching students with computers designed to match their level and help them learn subtraction and addition. The rest of the students day is spent with teachers in a classroom learning critical thinking and focusing on more complex subjects. Rocketship works with students with special educational needs and many of them have progressed to the status of a regular student. The students are waking up early on the weekends because they want to do their homework and they are making progress. One particular girl had a breakthrough in math due to the schools clever use of an animated penguin.

Rocketship Education pays to train their staff and their salaries are higher than in public schools. They offer teachers bonuses when their students meet specific goals to ensure the teachers are happy and take an interest in their students accomplishments. Although achievement, responsibility, and discipline are emphasized the students also get to have fun. School begins every morning with a concept called the Rocketship Launch. All the kids get together just outside the school and dance with their teachers to the sounds of a boom box. The kids are taught math, the arts, reading, and science.

Rocketship Education prepares their students for standardized tests while helping them to become critical thinkers. The school goes to extremes to make certain the parents are involved. They want them to pledge that every night they will read to their children, volunteer, check their children’s homework, and attend meetings. Teachers make visits to the homes of their students and on one memorable occaision the teacher played the piano for her student and her family. Rocketship Education is making a difference in the lives of their students.

Betsy DeVos is Set to Transform the Education System

Betsy DeVos is the 11th U.S. secretary of education. She was passed by the Senate on February 7, 2017, after her nomination by President Donald J. Trump. Betsy DeVos has for more than 30 years been engaged in advocating for policy change when it comes to education. She is passionate about giving all children the fair right to a world-class education. Her interest in education started in her early years as a mother when she noticed that not all children had a chance to attend a school of their choice. Since then, she has been involved in the campaign for better educational options all over the country.For about 15 years, she has served as a mentor for at-risk children in the Grand Rapids Public Schools in Michigan State. She says her interactions with them forever changed her life perspective. She has continued with her campaigns, which have been successful in 25 states and the District of Columbia. She is a firm believer that the state where a child comes from or the economic status of the child’s family should not influence the quality of education the child receives. Betsy DeVos is married to entrepreneur cum philanthropist, Dick DeVos. Together they have four children and six grandchildren.

Betsy DeVos – Policy & Involvement is also a huge philanthropist, especially in matters education. She is a great supporter of Potter’s House Christian School where she first took her children to study. It was here where the struggles parents go through while looking for good education for their kids dawned upon her and her husband. Although she and her husband could afford any school of their choice, to many parents this was a luxury. She has since been making contributions to the Potter’s House Christian School.Betsy joined the American Federation for Children to further her cause and she is the current chairlady of the organization. She admits it was difficult to educate and convince the public about the need for better educational choice.

However, through the American Federation for Children, they have come up with measures to assist in their campaign. These steps include identifying potential legislators, enlightening them about the issue, assisting them to get elected, helping in drafting and passing legislation, and helping in implementation of programs workable for children.According to her, her biggest success has to be the tax-credit scholarship program in Florida. Through this system, more than 50,000 children have been able to attend schools of their family’s choice irrespective of their economic background. Also, Louisiana and Indiana have experienced major reforms due to her efforts. When questioned about how she divides her time, she responded that she did not worry about how she spent her time since all her efforts, in the end, pay off, either locally or nationally.

Follow her on Twitter : https://twitter.com/BetsyDeVos?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Betsy DeVos’ Background Inspiring her Character

“I believe every child, no matter their zip code or their parent’s jobs, deserves access to quality education,” is a famous quote from Betsy DeVos that defines her actions of philanthropy. She was born in 1958 and is a daughter-in-law of Richard DeVos, a renowned entrepreneur and the founder of consumer marketing company, Amway. The company is now known as Quixtar. Richards’s net worth is more than $5 billion dollars. Betsy DeVos estimated net worth amounts to $1.25 billion.

Mrs. DeVos is the current secretary of education in U.S. She is well known in the arena of business and politics due to her contributions and influence in the U.S politics. Betsy is also famous for efforts to advocate for school vouchers where she has worked in the national reforms for public schools. Her efforts have been geared towards the expansion of school charters. Some of her achievements in the education reforms include the development of Detroit’s charter school system. Know more: http://www.betsydevos.com/education/

Betsy DeVos’ Need for Philanthropy

Betsy DeVos’ philanthropic actions came into the limelight in 1989 when she and her husband opened the Dick BetsyDeVos family foundation. The focus of the organization was education, arts justice, and leadership development. The love and desire to see her society development prompted DeVos to engage in philanthropic actions.

Before opening the Foundation, the DeVos’ were still involved in benevolent actions. During their children’s school going age, they would come in contact with other parents from poorer backgrounds. This was when they realized how much other parents sacrificed to pay for their children’s school fees. They then began supporting individual students, which later grew into a larger community.

Gradually, they became involved in helping more low-income families to raise the school fees for their children. Betsy DeVos would later get invited to serve in two national charitable organizations: Children First America and the American Education Reform Council. The groups increased the chances for DeVos to expand her philanthropy.

Further Details Portraying DeVos’ Kindheartedness

Betsy DeVos and her husband have channeled their money into various charitable giving despite funding Republican candidates across the country. The giving reflects their political and Christian beliefs that they have preserved over the years. In 2015 alone, the couple gave out more than $10 million to different organizations across the country. The foundation further promised to dole out an additional of $3.2 million in 2016. Visit betsydevos.com to know more about Betsy.

Some of the organizations that Betsy DeVos and her husband have funded include the Loudspeaker media associated with former CNN anchor Campbell Brown and focuses on education. They gave out a total of $400,000. They also gave the Success Academy Charter a total of $150,000 with a promise of a similar amount in future. Other organizations that have benefited from the organization include Potters House, Alliance for School Choice and Institute of Justice, University of Maryland and Ferris State University.

The Wessex Elibrary at Wessex Institute

The Wessex Institute of Technology, or WIT, is an England-based scientific organization offering a multitude of informative classes and conferences to the community, both on campus and online. In addition to the many valuable resources and seminars WIT offers,

Wessex also boasts an impressive eLibrary. Here, individuals can access a wide collection of documents, including scholarly texts, journals, and other various publications.

Texts offered in the Wessex Institute of Technology elibrary span a myriad of STEM-related subjects, including, but not limited to those regarding the Engineering Sciences, Information and Communication Technologies, Ecology and the Environment, plus Health and Biomedicine. These core research areas are then broken down into a comprehensive selection of subtopics. An advance search bar is provided to make browsing the more than 27,000 free texts offered on the site, in addition to the texts being divided by category and volume.

Accessibility to texts offered is also made easy and straightforward by WIT. Visitors to the site can search and access abstracts from all listed papers sans charges and restrictions. A conglomerate of academic papers are included in the Open Access Collection, and are free for public download without requiring a registration or login. For a small, pay-per-download fee, access to full text PDF papers is also available.

Omar Boraie Funds Chair For Genomic Science At Rutgers

Rutgers University is adding 18 new chairs as part of an “18 Chair Challenge” campaign. These chairs are $1.5 million endowments that will fund groundbreaking research in the field of cancer research and treatment. Rutgers Cancer Institute of New Jersey has just established the Omar Boraie Chair in Genomic Science. Omar Boraie is a New Brunswick developer who has endowed the funds to support genetic research and personalized management. As a developer in New Brunswick, Omar Boraie has been an integral part in the makeover the “Healthcare City”.

No cancer is the same and scientists in the genomic science field are making extraordinary discoveries leading to more individualized cancer treatments. Genomic science and precision medicine is revolutionizing cancer treatment by tackling cancer on a genetic level. Doctors are able to use these new approaches for difficult and previously non-treatable cancers and are seeings better outcomes.

In a recent State of the Union address, President Obama spoke of the wonders of genomic science and announced the launch of a national Precision Medicine Initiative. The focus of this initiative is to find a cure for cancer and other diseases that can be best tackled on a smaller scale, personalized level. Physician-scientists are the movers and shakers in the newly established field of genomic science and are providing hope to those who have previously been diagnosed as non-treatable or inoperable. Rutgers University was the only facility in the state of New Jersey and one of the first of its kind in the country to use genomic sequencing to tackle cancer with a personalized approach with precision medicine.

The Omar Boraie Chair in Genomic Science has been named to Shridar Ganesan, MD, PhD. Ganesan is the principle investigator of the medicine clinical trial being conducted at Rutgers, and an associate professor of medicine and pharmacology who has been at the Cancer Institute since 2005. Ganesan says “I am honored to be named the Omar Boraie Chair in Genomic Science. This pledge will help innovate clinical research to enable new understandings of cancer biology to benefit patients across even the most challenging disease sites, offering renewed hope for cancer patients and their families.”

As part of Omar Boraie’s plan for the redevelopment of New Brunswick, the Omar Chair in Genomic Science further shows his support for the medical field and the city he loves. NewsWise has more on this story, originally reported by them.