In the 21st century, more than ever before, a college education is the single most important step young Americans can take towards securing a prosperous and stable future. Unfortunately, the cost of higher education is going nowhere but up: while many Americans have been saving for their education since birth, very few of us will be able to come up with the nearly $100,000 check needed to see us across the stage. And even if we are able to make up the difference through loans, scholarships, and grants, there is very little aid available to help cover the costs needed for success: many of us may find ourselves working several jobs just to cover the cost of textbooks, study materials, and practice exams, putting us even further away from paying off our debts and cashing in on the security our education promises.
That’s where Koofers comes into play: in 2008, Glynn LoPresti, Patrick Gartlan, and Dan Donahoe – three young professionals with background in Computer Science and Finance – decided enough was enough and set out to find a way to lighten the financial burden of College education. But while others before them had looked at the problem through the lens of tuition and enrollment fees, the founders of Koofers saw an unmet although equally daunting need: the miscellaneous cost of success. It’s all well and good to provide the financial support necessary to get students into college, but what about their needs once they are there? We’re all students, so none of us need to be told about the stress of trying to find the necessary funds to keep ourselves in books and school supplies. It’s really hard to be successful in school if you are working 60 hours a week just to pay for the tools you need to keep you in school!
Koofers provides students with FREE access to those tools. It is a consumer internet platform that provides access to testbanks, practice exams, professor rating data, flashcards, and scheduling software at absolutely no cost to the students who use it. It is funded through textbook sales and commissions from employers looking to hire students so that those who already struggle to make ends meet to cover tuition won’t find themselves struggling to keep their grades up because they can’t afford study tools. It is a free one-stop-shop that offers students the needed resources to not only get them into school, but also to see them through to graduation.
The site also offers an “enterprise Campus Recruiting solution” that connects employers and recruiting firms with students looking for internships and full-time work opportunities. By charging prospective employers for the use of this system, Koofers is able to offer a wide variety of services to students free of charge! The recruiting program also ensures that the students working so hard to put themselves through school don’t see all that effort go to waste: through Koofers, students are not only supported through their schools years, but are also given access to a community of professionals and employers eager to help them put their education to work!
Founded and run by recent college grads, Koofers understands that college acceptance and tuition is just the first step in the uphill financial battle that so many Americans face in trying to procure and education. If tuition is the canoe, then school supplies are the paddle: without one, the other is useless. While federal grant programs, trusts, and loan programs get students on board, only Koofers provides them with the tools they need to navigate their way towards a brighter future!