Brooklyn startup Edquity accepted into Wells Fargo fintech accelerator - Technical.ly Brooklyn

Business

Nov. 6, 2017 12:25 pm

Brooklyn startup Edquity accepted into Wells Fargo fintech accelerator

The startup helps high school students deal with one of the most overlooked decisions about college: debt.

Costly Columbia.

(Photo by Flickr user Mike Steele, used under a Creative Commons license)

Brooklyn startup Edquity announced it has been accepted into Wells Fargo’s fintech accelerator in San Francisco.

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-
LEAVE A COMMENT

Advertisement

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

SPONSORED

Brooklyn

Explore how diverse teams build dynamic products with Dev Bootcamp

Philadelphia, PA OR Remote

Stitch, Inc.

Director, Alliances

Apply Now
Home/Anywhere

The One and Only Corp

iOS/Android Developer

Apply Now

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

SPONSORED

Brooklyn

Learn from these Brooklyn founders in our Tomorrow Toolkit ebook

Sign-up for daily news updates from Technical.ly

Do NOT follow this link or you will be banned from the site!