I recall that in 2016 First Marblehead (now Cognition Financial) was offering interest rates of up to 13% (!) and averaging 11% (!!) on NYU tuition ($60k/yr for

I recall that in 2016 First Marblehead (now Cognition Financial) was offering interest rates of up to 13% (!) and averaging 11% (!!) on NYU tuition ($60k/yr for a 4 year degree). I recall during my application that they were very heavily pushing for me to finance my degree there. Thankfully, I went elsewhere. The chair of NYU's Board of Trustees at the time was William Berkley. Perhaps coincidentally, he also headed the board of First Marblehead. I'm sure there was no conflict of interest, though.