About Us

Company History

1991

First Marblehead launches and begins working with schools to provide loans to students and their families

1994

Begins partnering with lenders to back private student loans

1998

prepGATE, a K-12 private student loan, is introduced

2001

Purchases a student loan origination platform and private student loan database

2002

Launches consumer-based loan products

2003

First Marblehead goes public, is listed on the New York Stock Exchange

2009

Launches Monogram Loan Platform

2016

Company goes private, launches raise^ private student loans funded by First Marblehead Education Resources, inc. to increase access to student loans

2017

Announces move to Boston, MA and company name changes to Cognition Financial (formerly First Marblehead) and Cognition Lending (formerly First Marblehead Education Resources)

Fundamentals

_{U.S. Bureau of Labor Statistics (series IDs - CUUR0000SAM, CUSR0000SAH1, CUUR0000SAF, Consumer Price Index, All Urban Consumers - (CPI-U), U.S. city average, all items, CUUR0000SEEB01) and U.S. Census Bureau, Income Statistics.}

_{"Three Charts Explain the Student Loan Mess.” Bloomberg. Accessed April 19, 2017.}

_{MeasureOne, The MeasureOne Private Student Loan Performance Report Q3 2014, “Delinquency Trends by Quarter.”}

_{“Fall enrollment survey” (IPEDS-EF:95-99); and IPEDS Spring 2001 through Spring 2013. US Department of Education. Enrollment component. National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS). Accessed May 27, 2016.}

_{"Work-Life Earnings by Field of Degree and Occupation for People With a Bachelor’s Degree: 2011." Census.gov. Accessed May 27, 2016.}

_{"Years of Cuts Threaten to Put College Out of Reach for More Students." Center on Budget and Policy Priorities. Accessed April 19, 2017.}