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Could technology alleviate student loan woes? Some CEOs think so

 

EdScoop

Tech can simplify student loan management, say founders at SXSW EDU conference. Research shows only 28% of borrowers know all repayment options. Companies like Beam and Savi connect students to repayment programs. Savi’s Smith suggests tech can expand education programs, help self-service. Beam’s Helene proposes natural language processing tools to refer students to resources. Smith suggests AI tools like ChatGPT to support borrowers. State governments creating data-sharing agreements to ease enrollment in programs.

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