Currently, outstanding national student loan debt is over $1 trillion, $864 billion of which is backed by ye olde federal government. According to the Center for American Progress, the majority of those loans have an interest rate higher than six percent — generally speaking, twice the average mortgage rate and is thrice the rate at which the government borrows. In the American education system… → Read More
Tuition.io, a company out of Launchpad.la accelerator, is now accounting for over $60 million in aggregate user debt on its platform.
Essentially the Mint.com for students in debt, aTuition.io lets kids fresh out of college get a better handle on their finances. And according to the company, 37 million Americans have student loan debt, 38 percent of whom are not making any progress paying it… → Read More