Tuesday, May 1, 2012

Wells Fargo launches online community for college planning

Wells Fargo announced Tuesday that it has launched an online community to allow high school students, parents and counselors ask and answer questions about paying for college.

Bank representatives will also be able to weigh in, and the site links to the Wells Fargo student loan application.

Student loan debt recently passed $1 trillion in the U.S., a rise some call a bubble.

Wells Fargo's online community is similar to one launched by Bank of America in 2007 for small business owners.