2008 is a particularly confusing year for student and parent borrowers, as many lending options are no longer available
NEWTON, Mass. (PRWEB) July 30, 2008
As the credit crunch puts the squeeze on student loan borrowers, the demand for student loan information and borrowing options is great than ever. With fewer borrowing options available, more families are turning to the Web for help in the student loan search process. The good news is there are lending options available and SimpleTuition provides a resource for families to find and compare borrowing choices in one place.
"2008 is a particularly confusing year for student and parent borrowers, as many lending options are no longer available," said Kevin Walker, co-founder and CEO of SimpleTuition.com. "Though the student loan marketplace has seen dramatic changes, SimpleTuition continues to help hundreds of thousands of students and families find the means to pay for college. The addition of many new products adds to the dozens of lenders already represented on our site, reinforcing our commitment to offering families a choice when it comes to selecting student loan options."
SimpleTuition's interactive approach to researching, comparing and selecting federal and private student loans at http://www.simpletuition.com enables borrowers to make more informed decisions about borrowing options. Detailed information on Stafford, private, certified private, PLUS, and GradPLUS loans from dozens of available top lenders is constantly updated – a big and valuable challenge in this summer's dynamic financial market environment. Each loan option can be sorted and compared by monthly payment, total cost of the loan, number of payments, fees, and lowest and highest APR. No personally identifiable information or credit scoring is required.
About SimpleTuition Inc.
Founded in 2005, SimpleTuition is the leading education loan comparison site for personalized student loan research. SimpleTuition is dedicated to helping students and parents make sense of education financing options. The company offers the leading independent and interactive solution for researching and comparing multiple Stafford, private, PLUS, and GradPLUS loans from dozens of lenders. SimpleTuition is headquartered in Newton, Mass., and is funded by Atlas Venture, Flybridge Capital Partners, and North Hill Ventures. For more information, visit http://www.SimpleTuition.com.