WALTHAM, MASS -- October 1, 2009 -- Graduate Leverage, LLC (GL), a leader in the student lending industry, was recently named to Inc. Magazine's 2009 "500/5000" (http://www.inc.com/inc5000/2009/index.html) list of fastest growing private companies. GL was also highlighted in a Wall Street Journal Online edition article titled "Inc.'s 500/5,000 List turns up Job-Search Gems" as a company thriving in a time when other firms in the financial industry struggle (August, 2009).
"We are excited to be recognized as part of Inc. Magazine's 500/5000 List," said Dan Thibeault, president and co-founder of Graduate Leverage. "Graduate Leverage is committed to offering programs that help the undergraduate and graduate student communities effectively manage educational costs, and we are proud that our efforts have led to this acknowledgement."
In an industry experiencing tremendous change, GL continues to grow and develop new programs and services for students, families and recent graduates. GL launched a new division, GL Advisor, to help professional graduates navigate financial issues and make the best decisions regarding debt following graduation. "In light of mounting debt levels, GL Advisor is helping busy graduates lower the cost of their debt and fully utilize increasingly complex federal programs to improve their financial well-being," said Thibeault.
GL has also witnessed widespread adoption of a new program designed to provide families of undergraduate students an alternative to high cost private student loans. Graduate Leverage's Student Plus Program helps families utilize the low-cost Federal Parent PLUS Loan and arranges for the student to repay the loan following graduation. The Student Plus Program is a smart option for families who might otherwise rely on a costly, parent-cosigned private student loan. The result is families obtain a low cost funding source with the repayment arrangements they prefer while schools benefit from an increase in Federal PLUS Loan usage.
About Graduate Leverage
Graduate Leverage, LLC (GL), a leader in the student lending industry, was founded in 2003 by graduate students as a resource to help fellow students make better decisions regarding their student debt. GL continues to help students and families by providing innovative products and services designed to minimize the cost of education related debt. For more information, please visit Graduate Leverage's website: www.GraduateLeverage.com.
Posted 10/02/09 to www.NASFAA.org. Posting of press releases is done as a service to Members and does not imply endorsement or support by NASFAA. NASFAA does not review this information for content or accuracy.