LeverEdge Association Non-Profit Profile - aVenture Research
LeverEdge Association
LeverEdge: Negotiating and refinancing student loans, with over $100M managed annually.
5
Operating
2018
Boston, MA, US🇺🇸United States
LeverEdge Association was founded with the mission to leverage collective bargaining power to secure lower private student loan rates for students. The organization focuses on negotiating and refinancing student loans for both domestic and international students, offering services that cover undergraduate, graduate, MBA, and parent loans. By making lenders compete for the business of large groups of students, LeverEdge aims to provide more favorable loan terms than individuals could achieve on their own.
Notable affiliated people include co-founders Chris Abkarians and Nikhil Agarwal, who have driven the organization's rapid growth. LeverEdge has successfully negotiated over $865 million in student loans, significantly reducing borrowing costs for its members. The impact of LeverEdge is evident in its ability to secure loan rates that are up to a certain percentage lower than standard rates, benefiting thousands of students and easing the financial burden of higher education.