VIEWPOINT: Expanding Credit Access for Charter Communities through the Capital One and Discover Merger [Video]

Access to credit is a cornerstone for economic empowerment and community growth. As the Executive Director of the Delaware Charter Schools Network (DCSN), I understand the impact that financial stability has on our families and by extension, our students’ success. I believe the proposed merger between Capital One and Discover holds significant promise for expanding credit access, particularly in minority communities that have historically been underserved – the very communities that our charter schools were built to serve.

One of the fundamental tenets of our charter schools is that competition fosters an environment where everyone benefits. We’ve seen this principle in action within the education space, where our schools continually strive to improve and innovate. Now, with this merger, we have an opportunity to bring the same spirit of competition to the financial services sector.

Capital Onehas been a leader in providing financial services to low- and moderate-income communities. Their track record speaks volumes, with …