Ajay Nagpal | Social Entrepreneurship

Ajay Nagpal, a senior executive in financial services, advocates for the next generation of social change leaders.

Tag: education

What Everyone Ought to Know About These 5 Social Innovator%2FChangemaker Organizations | Ajay Nagpal

What Everyone Ought to Know About These 5 Social Innovator/Changemaker Organizations

What Everyone Ought to Know About These 5 Social Innovator%2FChangemaker Organizations | Ajay NagpalSolidarity, cooperation, and cultural diversity are cornerstones of social innovation, which centers on meeting the social needs of the public.

A decided focus on fostering community development, education, and health has helped to empower communities, particularly these efforts are coupled with distance learning, online volunteering, activism, and other forms of social purpose innovations.

If you’d like a clear and firm understanding of what it means to be a social entrepreneur or changemaker, please read on to learn a few things about a handful of influential organizations that’s made it their mission to improve initiatives around economic development, racial and gender equity, environmental sustainability, and more.

  1. Ashoka Changemakers | Ashoka Changemakers is a foundation that’s identified what means to be a confident and efficient changemaker. By teaching empathy, teamwork, change-making, and new leadership as the four essential elements of their framework, they highlight explicit an understanding that leading social entrepreneurs can grow communities, businesses, schools, and neighborhoods.
  2. Echoing Green | Echoing Green has supported visionaries for more than three decades. Since they were founded, they’ve helped to address racial and gender equity, environmental sustainability, and they’ve provided seed-funding, leadership development, and fellowship to talented individuals interested in growing the world.
  3. Stanford Social Innovation Review | SSIR is a program that focuses on advancing, educating, and inspiring those in the field of social innovation. Through the distribution of practice-based knowledge and the dissemination of the best research, they offer incredible insight to the public the form of conferences, magazines, podcasts, online articles, and more.
  4. TeachForAmerica | TFA is a leader when it comes to putting education first for our nation’s children. They’ve vowed not only to put more educators into the classroom, but they’ve assembled teachers, principals, social entrepreneurs, politicians, and others to create solutions and bring attention to the lack of resources students face in low-income communities. They’ve helped to strengthen educational equity: enlisting recruits, developing leaders, and mobilizing a network.
  5. Entrepreneurs FNDN | Established in Central Texas, the Entrepreneurs Foundation consists of a group of innovators focused on fostering community-minded company culture. With the help of some entrepreneurs, their businesses, and community members, the collection encourages community involvement, corporate philanthropy, social entrepreneurship, and mission-driven efforts to push for youth empowerment and other important causes.

These five groups are prime examples illustrating that social entrepreneurship is so much more than giving, it’s the techniques by which companies and organizations fund, develop, and implement solutions to environmental issues, cultural issues, and social issues. If you know of any other incredible foundations, organizations, or companies doing great work, please share!


Ajay Nagpal is the Chief Operating Officer at investment management firm Millennium. Ajay Nagpal supports social entrepreneurship through his work as a Board member of Echoing Green. Please visit his finance blog to learn more about economics! Also, find him on Behance!

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Grads, Students Organizing Their Debt With Apps: Earnest, Credible, SoFi

sofi-inlineCNBC recently published an article articulating apps that help students to organize their debt, making it easier for them commit to repayment. For most graduates, landing a job is easily one of the most important concerns, however, student loan repayment shouldn’t fall by the wayside.

Approximately two-thirds of students pursuing a bachelor’s degree in 2016 will graduate with at least some debt, according to Mark Kantrowitz, publisher of Cappex, which a website dedicated to arming students with information on scholarships and colleges. For the average student, the debt level continues to increase, its peaked at more than $37,000 per borrower.

The moment the diploma changes hands, the hands on the clock begin to move, and the debt clock comes to life. Students not only must repay monies owed but must take on accumulating debt.

“Repayment begins six months after the student graduates or drops below half-time enrollment,” Kantrowitz said. “For May graduates, that means November. For June graduates, it’s December.”

Student loan debt is a looming burden for many recent grads. Well over a quarter of graduates have said that “student loan debt would hold them back financially” after they graduate, according to a survey conducted by LendEdu. Also, less have voiced that they’re ready to tackle their student loan debt; just 29 percent said resolving their student loan debt was their primary personal-finance goal.  

Earnest, Credible, SoFi, and Gradible are the names of mobile apps and websites helping students to manage their debt. The numerous options for paying back federal loans, such as income-driven repayment plans through the aforementioned sites, as well as creative programs. Students can also look to studentaid.gov to learn more about federal student loan repayment.


Ajay Nagpal is the Chief Operating Officer at investment management firm Millennium. Ajay Nagpal supports social entrepreneurship through his work as a Board member of Echoing Green. Please visit his finance blog to learn more about economics! Also, find him on Behance!

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