While politicians stress over America’s $1.6 trillion worth of student loans, Harrison Hochman is making it easier to borrow even more. His app lets students quickly apply for fresh loans via smartphone and searches for the best rates from 15 lenders including SoFi, Earnest and EDvestinU. Says Hochman: “What Expedia did for travel, we do for lending.” The app is free for students; lenders give Sparrow up to a 2% cut. Hochman, a Stanford grad, began building Sparrow in 2020 with cofounders Daniel Kahn and Griffin Morris. The New York–based trio has since raised $6.9 million in seed funding and has delivered loans to 15,000 borrowers. Subscribe to FORBES: null Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com/ Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com/ Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.