Graduate Leverage Debuts Student Debt Advisory Service for Undergraduates and Their Parents

WALTHAM, Mass.--(EON:Enhanced Online News)--Graduate Leverage®, an educational debt advisory service, announced today that it will be launching its undergraduate division, Collegiate Leverage at the annual National Association of Financial Aid Administrators (NASFAA), July 8-11 in Washington D.C.. Graduate Leverage will also unveil a new analytic platform, Insight™, and the company’s co-founders, Andrew Solomon and Dan Thibeault, will present an informational session on “Demystifying Borrower Benefits.”

“By launching Collegiate Leverage and enhancing the analytical tools available to both our graduate and undergraduate students, we are helping students find the lowest cost loans, thereby mitigating the financial strain associated with obtaining an education.”

Graduate Leverage (GL) has established itself as the premier student loan advisory service by utilizing custom analytics and debt management tools to help more than 65,000 graduate students identify the lowest-cost lender based on their individual circumstances. Due to the increased need for transparency and information, Graduate Leverage expands its services to meet the specific needs of undergraduate students, their parents, and financial aid officers. The Collegiate Leverage website, www.collegiateleverage.com, will feature analytical tools that will enable users to easily research and compare loan options on their own. Collegiate Leverage also has a dedicated team of advisors that will provide free consultations directly to borrowers.

GL is also excited to introduce Insight™, a new analytics platform, available at both www.collegiateleverage.com and www.graduateleverage.com. This proprietary program provides users with clear visibility across a variety of lender benefits, incentives and loan offerings. Insight™ is the only multi-lender evaluation tool provided without funding or payment from any third-party lender, providing clear, objective analysis to empower financial aid officers, students, and parents to make the most cost-effective and educated debt decisions.

“Students today – whether graduate or undergraduate – face the same three challenges in paying for their education: tuition costs are already extremely high, and continue to rise; there are myriad of complicated borrowing options available; and there is little objective, clear information to help borrowers figure out the loan options that are right for them individually,” said Mike Tassone, president of Collegiate Leverage. “By launching Collegiate Leverage and enhancing the analytical tools available to both our graduate and undergraduate students, we are helping students find the lowest cost loans, thereby mitigating the financial strain associated with obtaining an education.”

Graduate Leverage to present at NASFAA

Graduate Leverage co-founders Andrew Solomon and Dan Thibeault will present at the NASFAA conference on “Demystifying Borrower Benefits.” The sessions will be held on Monday, July 9, 4:15 p.m. – 5:30 p.m. and Tuesday, July 10, 10:45 a.m. – 12:00 pm. The goal of the presentation will be to inform financial aid professionals with an understanding of discounted cash flow analysis that drives APRs and the five questions to ask all lenders. As the demands of the financial aid professional become increasingly complex, financial literacy of lenders' borrower benefit programs becomes extremely important in understanding a loan’s true cost and in turn, advising students on the appropriate loan for their personal portfolio.

To learn more about Collegiate Leverage or Graduate Leverage, or to receive a personalized loan assessment please visit www.collegiateleverage.com or www.graduateleverage.com.

About Graduate Leverage

Founded in 2003 by Harvard MBA students, Graduate Leverage is a free educational debt advisory service that was created to help students manage their debt effectively. The first student loan intermediary, Graduate Leverage helps students, parents and financial aid officers better understand borrowing options in an increasingly complex market by providing analytical tools, APR analyses and advisory services that mitigate the cost of borrowing. In its goal to secure the best deals for all students, Graduate Leverage has helped more than 65,000 students and originated more than $2.8 B in loans. For more information, visit www.graduateleverage.com.

View All Releases from This Organization