- POSTED: September 9, 2023
RaQote
The Future of Education Financing
Description: The escalating student loan crisis in the United States presents a multifaceted challenge, both for individuals and the broader economy. Student loan debt surpassed $1.7 trillion in 2021, with borrowers facing financial hardship, hampering their ability to achieve expected economic milestones and participate fully in the economy. We are developing the future of education financing – a peer-to-peer investment platform where investors provide “talent capital” to fund a student’s education for future “dividend” returns. The payouts will utilize an income based repayment structure, and provides the ability for investors to trade such investments on our platform’s secondary market.
The Idea Bouncer:
- Abdul Oganla
- PARTNER: WashU Skandalaris Center
- PROGRAM: SVC Fall 2023
- INDUSTRY: Education, FinTech
- NEEDS: Advisors, Market Analysis, Product Development, Research Partners