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    TuitionU.com - A New Way To Finance College

    tuitionu

    Sites like this one have a ready audience for the simple fact that they let Americans take care of one of the most taxing issues that has to be faced, namely the financing of College. TuitionU aims to inject some vitality into the whole process by enabling its users to procure the necessary funds through a social networking solution connecting them with those who are in a position to offer their support. Aspiring college students, then, can use the site to connect both with traditional lenders as well as individual and corporate sponsors. Likewise, they can get in touch with charitable donors and not-for-profit credit unions.

    The website also features resources like planning tools and (most importantly) a rating system that lets students and their parents rate the financing options on offer. This way, the efficacy of the provided plans can be measured and compared side by side by new users looking for some direction.

    All in all, the site aims to provide students and their families with the resources for overcoming the hurdles littering the way when it comes to financing education. It is a very well-implemented service, as it combines different lending and financing modalities in the same spot. As such, the user will be able to find the one fitting his specific requirements and matching his situation minutely.

    In their own words

    “TuitionU.com is an education finance network with a simple purpose: to provide students and their families access to a community of low-cost college financing sources through social networking, not-for-profit credit unions, traditional lenders, individual and corporate sponsors, and charitable donors.”

    Why it might be a killer

    Financing education is an issue. Always was, always will be. It is good to have resources that make it more approachable to everybody, no matter where he or she is located within the US.

    Some questions

    How is the trustworthiness of the ratings assured?

    Posted 3 Months 16 Days ago by RogerH | Source: VentureBeat

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11/23/2009
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