How CIT Bank’s 4.10% APY Stacks Up Against The Best Savings Accounts
CIT Bank’s 4.10% APY beats Marcus, Ally, and matches SoFi’s boosted rate — without the direct deposit requirement.
Robert Farrington is America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him on the About Page or on his personal site RobertFarrington.com.
He regularly writes about investing, student loan debt, and general personal finance topics geared toward anyone wanting to earn more, get out of debt, and start building wealth for the future.
He has been quoted in major publications, including the New York Times, Wall Street Journal, Washington Post, ABC, NBC, Today, and more. He is also a regular contributor to Forbes.

CIT Bank’s 4.10% APY beats Marcus, Ally, and matches SoFi’s boosted rate — without the direct deposit requirement.

New graduate loan limits take effect on July 1, and here’s what graduate student borrowers need to know and how to plan.

DOJ finds UC Davis School of Medicine discriminated by race in admissions, violating the 2023 SFFA ruling. Settlement talks or a lawsuit could follow.

UC humanities and social science faculty back their STEM colleagues, demanding both the SAT/ACT math and verbal sections return to UC admissions.

A new Congressional report details Treasury’s takeover of defaulted student loan servicing — and the failed 2015 pilot that tested the same idea.

Top colleges are requiring SAT and ACT scores again for 2027. See which schools changed their policies and what students should do now.

University of Denver will merge five schools into two and cut five departments after projecting a $30 million budget gap. Student degrees are unaffected.

CIT Bank’s Platinum Savings APY Boost lifts the rate to 4.10% for six months with promo code CITBoost — open to new and existing customers.

Under Secretary of Education Nicholas Kent joins our podcast to explain the July 1 changes, plus Treasury takes over $179B in defaulted loans and FAFSA gets faster.
Our live student loan expert Q&A sessions about the end of the SAVE Plan, Parent PLUS Loan changes, and more.

House appropriators advanced a bill designating advanced nursing programs as professional degrees, raising federal loan caps for those students to $200,000.
The College Investor® provides the latest news and analysis for saving and paying for college, student loan debt, personal finance, banking, and college admissions.