When three Iowa State University students and the founder Ayush Phumbra thought of solving student hardships in getting jobs after graduation, they worked on the concept of Chegg in 2001 and formally launched the project in August 2005. Since them, the company has expanded with new entities including the recent purchase of InstaEDU, an online tutoring service. It is a public company traded on the New York Stock Exchange since 2013.
Chegg solved a chronic problem experienced by students wherein costly text books, often priced over $100, could be rented at half the price. The company provides great value by offering books to individuals over 13 years of age in the United States. Partnerships are established with major publishers serving over 1 million students. Articles are published advising students and offering tips in different areas.
What makes Chegg unique?
Chegg has innovative solutions linking students to online tutors almost immediately. Textbook solutions and experts are at hand 24/7 to solve difficulties. Students can easily search through the website for internship opportunities and match scores to avail scholarships.