You can Venmo your college tuition, for some reason
College is a constellation of Venmo requests — your roommate’s cut of the utilities, your half of an Uber ride, the ticket to your friend’s a capella performance that you don’t actually want to go to. On Wednesday, Venmo’s parent company PayPal announced that you will now be able to use its services to pay your tuition.
Why It Matters
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Key Facts
- Fact 1: When eighteen-year-olds who make $10 per hour at the campus library confront their five-figure tuition bills, they’re really just wishing that someone would meet them at that moment with more flexibility and less friction.
- Fact 2: You can contact or verify outreach from Amanda by emailing amanda@techcrunch.com or via encrypted message at @amanda.100 on Signal.
College is a constellation of Venmo requests — your roommate’s cut of the utilities, your half of an Uber ride, the ticket to your friend’s a capella performance that you don’t actually want to go to. On Wednesday, Venmo’s parent company PayPal announced that you will now be able to use its services to pay your tuition.
Venmo and PayPal are partnering with the education payment platforms Illumia, Nelnet Campus Commerce, and TouchNet, which collectively serve thousands of colleges and universities, giving students and families another way to pay their tuition. Yes, you can make one of the largest payments of your life through the same platform that lets you see that someone from high school is paying for “leaf emoji, fire emoji, smoke emoji,” whatever that could possibly mean. You might open Venmo when your friend gets you a latte, then think, “Oh, right, I haven’t paid my tuition yet!
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: TechCrunch
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