SimpleTuition Powers Kiplinger Online College Funding Resources

NEWTON, Mass.--(EON:Enhanced Online News)--SimpleTuition, Inc. (www.SimpleTuition.com), a company dedicated to helping students and parents make sense of education financing choices, today announced a partnership with Kiplinger (www.Kiplinger.com), a leader in personal finance advice and business forecasting, that will enable families to research, compare and select student loan options on Kiplinger.com.

“Your Money “and the “College & Families”

In keeping with the Kiplinger organization’s eighty year old charter to deliver sound, unbiased financial advice for families and businesses, Kiplinger.com now features the Kiplinger.com Student Loan Finder powered by SimpleTuition, making it easy for parents and students to compare and apply for over 100 different student loans from more than 45 competing lenders. Access to the Student Loan Finder can be found on the “Your Money “and the “College & Families” channels, as well as in the “Tools & Calculators” section of Kiplinger.com.

“There is a natural synergy between SimpleTuition and Kiplinger, as both companies are dedicated to helping families make sense of personal finance options,” said Kevin Walker, CEO of SimpleTuition. “SimpleTuition strives to help consumer’s make sound financial decisions by offering an interactive, independent online resource for researching, comparing and applying for loans.”

Kiplinger.com also now offers a Federal Student Loan Consolidation comparison resource, again powered by SimpleTuition, which helps parents/students understand the loan consolidation process and to determine if consolidating is the right option for them. The median student loan debt for graduates from four-year colleges and universities is $15,500 for public and $19,400 for private institutions.¹ For many, consolidating their federal student loans is a viable and necessary option.

“Kiplinger selected SimpleTuition as a partner because we share a common goal of providing customers with complete, intuitive resources for researching financial questions,” said Doug Harbrecht, Editorial Director of Kiplinger.com.

About SimpleTuition, Inc.

Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. Recently featured as one of Fast Company’s Top 12 Web 2.0 sites, SimpleTuition offers the leading independent and interactive solution for researching and comparing over 100 private, PLUS, Stafford, GradPLUS and Federal Consolidation loans from more than 45 lenders. SimpleTuition is headquartered in Newton, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more information, visit www.SimpleTuition.com.

About Kiplinger

Kiplinger.com (www.kiplinger.com) offers the same great advice that appears in Kiplinger’s Personal Finance magazine, plus additional features that include interactive tools and calculators, daily personal finance features, stock and mutual fund quotes, Web-only columns offering timely insights into today’s trends, personal finance tutorials, and up-to-the-minute business news from the new Kiplinger Business Resource Center. Founded in 1920 by W.M. Kiplinger, the Kiplinger organization developed one of the nation’s first successful newsletters in modern times. In 1947, the company launched the nation’s first personal finance magazine, Kiplinger’s Personal Finance. Recently, the Kiplinger organization was named one of the "World's Most Ethical Companies" List by Ethisphere Magazine, and was nominated a 2007 finalist in the MINs Best of the Web awards for the redesign/relaunch of Kiplinger.com.

¹ Action Plan for Higher Education: Improving Accessibility, Affordability and Accountability (U.S. Department of Education, September 2006)

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