Forbes: Startups Examining Debt
October 21, 2013

 

 

 

 

 

 

Tuition.io is an online platform intended for people to better understand, better organize, and pay down their student loan debt faster and more easily. So far, the startup has helped borrowers pay down over $25,000,000. About the recent debt conversation in the news, McQueen said, “Most people live check-to-check and the last recession resulted in many losing their jobs, so I think the recent debt ceiling conversation strikes fear into borrowers — especially those with lots of debt — because they walk a fine line of protecting their credit, paying their bills, and cashing their paychecks.” As nearly 40 million Americans are in student loan debt and over $1 trillion dollars of that debt is still outstanding — it becomes clear that a sea of change may need to occur for debt to become less of an issue for average households.

Read more HERE.