Raleigh, NC Based Company Develops Tool to Combat High College Drop out Rates

A recent study shows that students who drop out of college after their 1st year cost the US more than $9 billion in state and federal money between 2003 and 2008. A new Raleigh based startup is about to launch a new tool to help fix the problem.
By: Ty McDuffie StockofU
 
July 25, 2011 - PRLog -- StockofU, Inc, a Raleigh, NC-based start up, is pleased to announce the upcoming launch of its feature product, StockofU.com.

Many families cannot afford to send their children to college for the higher education that is necessary to make it in todays fast pace society. The result is that thousands of young people—many of whom graduated from high school with academic honors—have to settle on low-skilled or even unskilled jobs with minimal pay. Eventually, some of these hopefuls manage to get to college, but many of them do not. At StockofU, Inc. we believe that an investment in these students is an investment in America. Our country needs a highly-trained and educated workforce to successfully compete in the global market. If we are not competitive, our way of life will continue to change—and not for the better—resulting in the continuation of sending jobs overseas, high unemployment, inflation, lower educational standards, and even higher college costs.

StockofU.com is a social networking site with a decidedly useful and timely twist. It’s dedicated to helping college students finance their education.  Stockofu.com helps students build individual profile pages that act as a virtual resume.  These profile pages include the student’s background information, fields of study and career objectives.  Students can also upload and share class notes, write blogs, post pictures of campus activities, arrange for virtual and real world study groups, enter their grades, upload letters of recommendation, sign up for and track community service hours and much more.  StockofU.com’s background programming assigns values to each of these activities on a daily basis and adds them all together to provide an overall share price for the student.  

This is where the magic starts!

StockofU.com has a powerful search function that allows a student’s family and friends, private foundations, civic groups, and any other interested parties to invest in students of their choosing. Even corporate entities looking for future talented employees are invited to invest in students through StockofU.com.  StockofU.com’s search capabilities are limitless.  Potential investors can choose students from their alma mater, and or with specific majors, search for students in the debate club or even search for students from their own home town!  They can build a portfolio of as many students that they wish to support.  Once investors find one or more students in which they would like to invest, they can buy shares of them with just a few clicks.

StockofU.com also gives potential investors the ability to showcase their investing prowess using their own profile pages. These pages give investors the ability to track their portfolio of students, show off their student investments to visitors and even foster healthy competition among investors to build the best performing portfolio.

After all investments are submitted, an investment amount is added to the student’s account.  Once every semester the student’s financial aid department receives a check from StockofU with an itemized list of all their deserving students and the amounts that are owed to them.  

For more information about StockofU.com contact a StockofU representative at 919-675-1721 or just visit http://www.stockofu.com for details.

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StockofU.com allows college students to raise money for their college education by providing a mechanism by which students can earn money for being not just scholars, but for being overall well rounded, productive citizens of their communities.
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Source:Ty McDuffie StockofU
Email:***@stockofu.com Email Verified
Zip:27610
Tags:Social Networking, Financial Aid, Grants, College Dropouts, Investing, Social Good, Startup, Education
Industry:Education, Business, Technology
Location:Raleigh - North Carolina - United States
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