Jun 16, 2020
When Nikhil Agarwal and Chris Abkarians were admitted to the Harvard Business School MBA Class of 2020, neither of them could have guessed that their efforts to negotiate on the price of their student loans would be transformed into a viable new venture. However, before they had even set foot on campus, they had saved themselves and around 700 of their peers an average of $15,000 each on their student loans. Realizing the potential of their efforts, Nikhil and Chris co-founded LeverEdge to further develop their model, using group buying power to negotiate better student loan rates with lenders. In this episode of The Disruptive Voice, Anibha Singh hosts Nikhil and Chris for a discussion on the structure of the student loan industry, how LeverEdge fits into that space, the flow of information throughout the lending and borrowing process, and the costs and benefits of using government or private loans to finance an education. We encourage our listeners to reach out to Chris and Nikhil if you'd like to be involved with LeverEdge or are looking for an exciting career opportunity!