student debt brand
100% of After Tax Profits Go to Paying Off Student Debt!
$1.8 Trillion in student loan debt
$1.6 Trillion Dollars - this is how much educational debt 44 million Americans carry. This is not credit card debt, or mortgage debt - this debt is from individuals who chose to get a higher education.
What we Want to do
The PLan
Selling quality products to help student loan borrowers pay down their debt faster. We don't believe that our most educated and brightest minds should be burdened with student debt.
Giving 100% of Profits away
Yes, you read that correctly. Our after tax profits will be used to pay down student loan debt. After tax profits are what remain after normal operating costs are deducted from business income. Operating costs can consist of: cost of goods, employee compensation and benefits, marketing, supplies, taxes etc.
the idea
While in six figure student loan debt, our founder realized that her favorite brand of spaghetti sauce, Newman's Own - gave 100% of their profits to charity and followed the mantra "shameless exploitation in pursuit of the common good."
The idea of shamelessly generating profits to assist those with student loan debt, seemed like a no-brainer.
“Let's be innovative in how we alleviate the burden of educational debt.”
Shanna Bennett, Founder of SDB
#StudentDebtbrand