Smarter student financing
Going Merry offers smarter student financing. They have gained traction with over 100 high schools across the US with a scholarship marketplace that employs a “common app”-like experience, making it easy to find and apply directly for scholarships. Anonymous profile information is then used to model student credit risk, allowing them to connect high achieving students with lower interest rate private loans. Going Merry can save those students thousands of dollars over the lifespan of their loans.
Both cofounders have felt the benefit of scholarships funding their education at Stanford and Carnegie Mellon but also the pain of applying for them. They’ve also been penalized by data blind student loans - one is still paying 6.5% of his student debt. They have a vision to transform the way education is financed in America - starting by helping students access life changing education through scholarships and fair student loans.