BOSTON, Aug. 18, 2011 /PRNewswire/ -- SimpleTuition, Inc., the leading provider of tips, advice and interactive tools that help students save on college-related expenses, serving more than 20% of college students in 2010, today announced the launch of Student Deals which offers discounts on the products and services students need to survive.
"The explosion of daily deal sites in the last two years has saved money for many people, but for college students many of these deals -- from skydiving to high-end restaurants and spas -- are frivolous purchases and beyond what they can afford," said Kevin Walker, SimpleTuition's co-founder and CEO. "SimpleTuition will offer deals at price points that are in line with a college student's budget and provide discounts on the things they need most, the products and services they're paying for already."
SimpleTuition's Student Deals launches today with its first deal -- $10 for $20 at ShoeBuy.com -- with new deals announced each week that will provide savings on everything from textbooks and posters to student travel and graduate school test prep. Students can view the current deal and sign up to receive notifications of future deals at www.simpletuition.com/deals.
Most college students budget for the big ticket items, such as tuition and computers. However, the smaller unexpected expenses throughout the semester (higher costs of textbooks, dorm furnishings, travel, etc.) add up and often catch students off-guard. For many, this means asking parents for more money or taking out additional student loans to carry them through the semester.
"With more students taking on debt each year, every dollar saved is one that doesn't have to be borrowed," continued Walker. "Student debt is a monumental problem in this country -- in 2010 it surpassed credit card debt for the first time. The last thing we need is for students to spend their limited budget on teeth whitening or spa getaways. For SimpleTuition, this is less about chasing the daily deals wave and more about leveraging that model as another way to help students save."
About SimpleTuition, Inc.
Since its launch in 2006, SimpleTuition has helped more than 10 million families afford higher education. SimpleTuition.com features tips, advice, interactive tools and deals that ensure students plan better for college costs, pay less for college-related expenses, and be smarter about how they manage and pay back their student loans. Named Best Financial Services Site by Kiplinger's, SimpleTuition is headquartered in Boston, Mass., and is funded by Atlas Venture, Flybridge Capital Partners, and North Hill Ventures. For more information, visit SimpleTuition.com.
SOURCE SimpleTuition, Inc.