(Photo by Flickr user Mike Steele, used under a Creative Commons license)
The startup looks to be a bit like the Princeton Review or U.S. News and World Report for the financial part of the college process, offering students statistics and a financial plan for navigating the debt they must take on for matriculation.
Student debt has doubled in the last decade to more than $1.3 trillion. At more than 1,000 universities and trade schools, more than half of students are in default of their student debt or haven’t paid even $1 dollar against their debt in the last seven years. Clearly, it’s a problem the nation’s students are struggling with.
Other Brooklyn startups, like 1776‘s Simplifi, are also working on the seemingly intractable problem.
Edquity is currently in beta mode.-30-
How Nava PBC helped government make Medicare’s largest change ever
Dog Parker is no more. Meet DogSpot and its national expansion plans
Meet the Danes trying to help New York deal with climate change
Explore how diverse teams build dynamic products with Dev Bootcamp
Toothbrush startup quip acquires its way into the insurance game
3 reasons why Ethereal NY is more than a blockchain conference
‘Accidental masterpieces’: New book explores history of world’s first 176 emoji
Learn from these Brooklyn founders in our Tomorrow Toolkit ebook
Sign-up for daily news updates from Technical.ly