Friday, July 27, 2012

Forbes ? About Those Student Loans: A Platform To Make You ...

July 16, 2012 via Forbes by Lori Koslowski ? Owing money to anyone or any entity (the mob, a bookie, a student loan lender) never feels good. It hangs over one?s head and can even physically feel like a burden.

More than 37 million Americans have student loan debt. According to the the Consumer Financial Protection Bureau, that puts total student loan debt in the United States above $1 trillion?

?Tuition.io (formerly called Binksty.com and a First Growth Venture Network Fall 2011 Vintage Graduate) is a personal finance platform for organizing all your student loan debt in one place. Functioning similar to Mint.com, the platform neatly paints your student loan financial picture. CEO Brendon McQueen graduated from Columbia University and was stunned to find a sclerotic job market.

?I graduated in 2009 at the height of the recession, and I had 12 loans from 6 servicers, and over a $120,000 in debt,? he said. ?I saw the huge problem that I was having. I would spend hours literally on the phone, trying to just figure out who I owed, how much I owed, and if I had any options.??Read more about Tuition.io at Forbes.

Source: http://www.firstgrowthvn.com/2012/07/forbes-about-those-student-loans-a-platform-to-make-you-worry-free-features-fgvn-graduate-tuition-io/

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