Nelnet

About

Company Stage

IPO

Employees

1,001-5,000

Industries

Government & Public Sector, Energy, Financial Services, Education

Total Funding

N/A

Headquarters

N/A

Founded

N/A


Simplify Jobs

Simplify's Take

What believers are saying

  • Nelnet's strategic investments in startups like Nave Analytics and BetterYou indicate a forward-thinking approach and potential for high returns.
  • The company's diversification into different sectors reduces dependency on student loans, potentially stabilizing revenue streams.
  • Partnerships with companies like Convera and Otus enhance Nelnet's service offerings, making it a more attractive employer in the education technology space.

What critics are saying

  • Technical issues and outages, as seen with their student loan services, could damage Nelnet's reputation and customer trust.
  • Layoffs and budget constraints, such as the recent cut of 550 employees, may indicate financial instability and affect employee morale.

What makes Nelnet unique

  • Nelnet has diversified its portfolio beyond student loans, investing in various sectors such as sports software, telecommunications, and irrigation efficiency tech.
  • The partnership with Convera to offer flexible tuition payment options highlights Nelnet's commitment to affordability and data security in education.
  • FACTS, a division of Nelnet, collaborates with Otus to integrate assessment and analytics, enhancing their educational service offerings.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

2%

2 year growth

2%

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