Bay Area Startup Expands to Youngstown to Battle the Student Loan Debt Crisis

Spinwheel helps students get out of debt faster by creating an easy-to-use data platform for debt management apps Bay Area startup Spinwheel Solutions is expanding to a new home in northeast Ohio, where they plan to use Ohio talent to combat student loan debt across the country. The student loan debt crisis is one of the biggest problems Americans face, reaching a staggering record of $1.6 trillion in debt in 2020. Spinwheel sees Ohio as a breeding ground for innovation and a valuable asset to continue the development of their product and expand their services nationwide. “In Ohio, there are strong connections between people, resources, universities and companies that are emerging in the area,” said Tomás Campos, CEO and Co-Founder of Spinwheel. “Americans who are struggling with debt live everywhere, not just on the coast, which is what really fueled us to look at Ohio for solutions. Ohio borrowers have a direct relationship with these types of debt categories, and they can influence the way we’re building our product. We want to engage with Ohio universities, their students and recent graduates, because they are the population that we are serving and are experiencing the student debt problem first hand.” Campos … Continue reading Bay Area Startup Expands to Youngstown to Battle the Student Loan Debt Crisis