InvestInMyEducation.com has joined the ranks of Lending Club, Prosper.com, People Capital and Green Note in the business of offering student loans via a peer to peer lending market.
The company said in a statement that, “InvestInMyEducation.com founder, James Worboys, discovered that many college students have difficulty filling the gap between their family contributions, grants and scholarships, and constantly growing college financial demands. The credit crunch, banks exiting the student loan market, and increasingly stringent loan requirements heightened the need and the opportunity.”
It added, “Imagine the possibility of investing directly in the education of college students that you choose. InvestInMyEducation.com provides a new, personal way to support a student – perhaps at your Alma Mater, from your home town, or studying in your chosen field or profession. Obtain a competitive return in the 9% range, diversify your portfolio, and make a difference.”
“With the tax savings of gifting becoming less and less of an advantage we feel we offer investors an avenue to give back to their Alma Mater and build a long term return. InvestInMyEducation.com in reality is in the business of making dreams come true for students that see their dreams as “just out of reach”. Visit our website today and join in our efforts, help your school, add to your portfolio and most important help dreams come true! “
