Interesting altruistic market approach that crowd sources and gamifies paying down student loan debt. Apparently there is no obligation to play the game to be eligible to have one’s loans funded via the app. If only there were more businesses this concerned with helping others.
While we still support a public policy approach to fix student debt causes not symptoms, we gladly accept any market approaches with a focus on helping others.
“After factoring in charges from Braintree and Paypal, 75% of the earnings go to pay off the winner at the top of the queue, 15% to daily cash prizes and 10% to Givling.”
This fast-growing startup knows it can’t solve the student debt crisis, but it’s helping stamp out student loan debts one by one.