The latest developments in engineering, as part of Progressive Engineer (www.ProgressiveEngineer.com), the online magazine and information source with a sustainability slant.
Friday, July 24, 2015
Society of Plastics Engineers takes on student debt
Student debt is a major issue in the United States, and the Society of Plastics Engineers (SPE) is doing something about it. SPE has named Credible Labs, a marketplace for student loans and loan refinancing, as its preferred provider of student loan refinancing services.
SPE members can compare student loan refinancing offers from multiple lenders after completing a single form. Credible acts as a matchmaker between borrowers and lenders, to give college graduates personal loan refinancing options. According to Credible, borrowers who have used the service have saved an average of $11,000.
“SPE’s partnership with Credible will not only help alleviate the burden of student debt but also address the financial needs of future students,” says Russell Broome, managing director of SPE in Bethel, CT. “For each loan closure generated through this partnership, a donation will be made to the SPE scholarship fund.”