Purdue’s Fintech Experiment: An Alternative to Pricey Student Loans
- April 22, 2016
- Posted by: vemo_madmin
- Category: Back a Boiler, Vemo Partners
By: Bernadette Tansey
Purdue University, which prides itself on teaching innovation, is joining with a financial technology startup in an unusual partnership that may pave the way for lower-cost tuition payment options for students at other higher education institutions some day.
Starting May 2, juniors and seniors at West Lafayette, IN-based Purdue can apply for a novel source of education financing that may help them avoid taking out high-interest private loans.