Trying To Be Mint.com For Student Loans, Binksty Raises, Redesigns, Hits $10M In Debt-Under-View
Last October, we wrote about Binksty, a young startup that aims to give college students saddled with debt a one-stop shop to manage loans, pay off debt, as well as educate them on the best ways to save money. The student loan situation in the U.S. was atrocious then, and it continues to be atrocious now.
A recent report from the New York Times shows that the total balance of student loans is currently $870 billion. Not only that, but 40 percent of people under 30 have outstanding student loans, the average of which is $23,300. If that’s not enough to make you cringe, I don’t know what is.
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