Podcast with Abby Chao, Co-Founder and COO of CollegeBacker
In this podcast, Fei Ye (WG ’19) chats with Abby Chao, Co-Founder and COO of CollegeBacker. CollegeBacker helps parents open a tax-advantaged 529 College Savings Plan in minutes, and then invite family and friends to contribute. With CollegeBacker Gifts, anyone can kickstart a child’s college fund.
During this podcast, Fei and Abby deep dive into the college savings sector and highlight the current challenges associated with saving for college. They also discuss the transition to entrepreneurship from professional services.
As co-founder of CollegeBacker, Abby has helped hundreds of families save and pay for college. CollegeBacker is a way to rally a team of friends, family, and schools to help a child prepare financially for college.
After starting her career at Goldman Sachs, she later moved to McKinsey & Company where she helped executives across financial services, technology, and consumer retail industries. However, after spending a year as one of McKinsey’s Social Sector Fellows, she quickly learned about many of the challenges in education system, eventually inspiring her to jump into CollegeBacker.
Abby’s goal with CollegeBacker is to help every family in America save for college. And she’s well on her way, with families across the country using CollegeBacker to rally teams around their child’s future.
All in, Abby is a finance geek, tech nerd, snowboarder, tennis player, and passionate advocate for using technology to change the world.
