About Us
In 2003, a group of Harvard Business School classmates launched Graduate Leverage (GL), a student-run grassroots organization with the goal of helping fellow students at Harvard and other schools manage the challenges of student loan debt.
The initial outcome of their in-school field study was a web-based information resource to help fellow graduate students make better decisions regarding their loans. The consultative approach proved extremely beneficial to borrowers as thousands of graduate students around the country began to sign-up for Graduate Leverage's free information service.
Recognizing an opportunity to help students further lower the cost of their student debt through the use of collective bargaining, Graduate Leverage initiated a platform allowing it to function as an intermediary on behalf of students to secure better terms and rates from lenders. This innovative approach combined with personalized debt management advice has helped over 65,000 students lower the cost of their student debt.
In 2006, Graduate Leverage launched its own life of loan servicing platform to provide students and financial aid offices a higher level of service and accountability. Central to this launch was the belief that effective debt management during repayment is critical to mitigating cost. Thus, GL has uniquely coupled its loan programs with its proprietary servicing and advisory platform enabling students to execute strategies that can provide cost savings far greater than traditional lender incentive programs.
Graduate Leverage is one of the top student lending organizations in the country, having helped more than 65,000 students and serviced more than $3 billion in loans. Graduate Leverage is widely praised by students and respected by financial aid professionals throughout the country.
