Discover launches Parent Loan, expands US college student rewards

 

The company is also expanding its existing Rewards for Good Grades program to reward college freshmen for good grades in high school. Students can earn a 1% cashback offer for high school GPAs of 3.0 or higher.

Discover Student Loans representatives have states that a recent survey found that despite COVID-19, 67% of parents still believe college is a good investment. However, due to the pandemic, 48% of parents can't afford to pay as much of their child's cost as they planned.

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