How This Entrepreneur is Solving the Trillion Dollar Student Debt Crisis

by Innovation Factory
February 18, 2022

ORIGINAL ARTICLE, founders.press, February 14, 2022

Student Debt Crisis Startup Founder of Pay

Student debt has grown massively over the years and it’s currently crippling the young generation to build a better tomorrow. It is estimated that global student debt is over 3 trillion dollars. In Canada itself, the problem it has become more than just an issue, it’s a true crisis. But who is doing something about this using technology? Today’s story is with Jonathan Hillis, who founded Payd to solve the student debt issue.

We caught up with him to find out how Payd is tackling the student debt problem and what advice he would share with other entrepreneurs…

STARTUP

Describe what you do in 140 characters or less.
Payd‘s digitized the physical student card while adding tools that will help students pay off their education and succeed in the future.

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Original Article on Innovation Factory

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Innovation Factory is a business accelerator, dedicated to helping Ontario-based businesses launch, scale, and succeed. We provide start-ups, and scaling companies with advisory services, training, mentorship, and strategic connections to help bring disruptive technologies to market, leverage intellectual property, increase revenues, attract investment and create jobs. Serving as the catalyst for tech innovation in the greater Hamilton area since 2011 we are driven to help: Entrepreneurs bring new ideas to life and to market Small/Medium Enterprises (SMEs) get to the next level Hamilton build a dynamic culture and a community of innovation Innovation can happen anywhere. Our goal is to make it work everywhere. We work to elevate key industry sectors including, advanced manufacturing, clean tech, information technology, integrated mobility, life sciences & health care and social innovations.