Lite Tuition Career Gateway | Project Continuation

Closed
Lite Tuition
Mount Clemens, Michigan, United States
Marc Alexander
Founder & CEO
(2)
3
Project
Academic experience
200 hours per learner
Learner
Anywhere
Intermediate level

Project scope

Categories
Information technology
Skills
data analysis loans
Details

*** This is a multi-term project that will be continued by RMIT students ***


Over the past 10 years, the United States has seen an alarming exodus of low-income students and students of color. With one of the highest student loan debts globally and tuition rates higher than that of previous years, families are feeling the impact of paying for school. We are looking to mitigate the number of students who either graduate with high student loans debt or fail to finish school once started. In additional to the growing student loan debt, there are approximately 3.9 million students with loans but no degrees in the United States.


Although for obvious reasons, we would like to provide students with a simulated, practical career pathway when navigating the rigorous collegiate journey.

Deliverables

Information provided to students will be non-confidential. We anticipate that this would be a multi-term project therefore a continuation on the early stage working prototype or data analysis expansion for a working prototype would be acceptable.


This is a project match with RMIT STEM. Additional details to be provided to students once collaboration with RMIT students has begun.

Mentorship

This is a project match with RMIT STEM. Additional details to be provided to students once collaboration with RMIT students has begun.

About the company

Company
Mount Clemens, Michigan, United States
2 - 10 employees
Technology, Education

Lite Tuition is the only fundraising platform, specifically for students, that allows them to raise funds for tuition without the burden of debt. Funds raised on our platform are sent directly to their school. Whither a student is a high school senior raising money in advance of post-secondary education or a current student attending a college or trade school; we allow everyone to take advantage of our platform.

To date, student loans have reached a startling $1.7 Trillion in outstanding loan debt. Unfortunately, there are roughly 3.9 million students with student loans and no degree. The pursuit for higher education has become a debt trap for millions instead of a path to success as it is perceived to be. As a former student, I know the adverse effects plagued upon students today.

With an in-house SaaS resource that puts financial control in the hands of their students, we want them to be empowered to control their success and minimize the burden of debt while pursuing a degree.