There’s over $1 trillion in student loan debt in the US shared among 40 million Americans. For many of them it will take years until they’re debt-free. Variables such as the amount loaned and interest rate have a different impact on the financial future of these young professionals. To give them a hand in making the right choice, a new startup, LendEDU, lists all the available loans tailored to each borrower’s situation. So students can compare more easily the best lending plan at hand, from term length options to monthly payments. The result is far more transparency of the system and hopefully a few savings for the students who can now choose the best plan for them.
New startup looks at minimizing impact of student loans debt
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