JourneyEd.com Debuts Tech Leasing Program for Schools

JourneyEd.com, a reseller of education technology, has unveiled a new technology leasing service for K-12 and higher education.

According to a news release, the company's leasing plan allows schools of any size to finance 100 percent of their technology, including hardware, software, training, installation and shipping. Some of the most commonly leased technology, as listed on the company's site, includes Chromebooks, Windows laptops, tablets, printers, networking equipment, servers and storage, software and IT services. Participating schools have the option to trade in, add on, exchange or upgrade their technology.

"School budgets are tight and technology is changing at a hurried pace," said Greg Lamkin, CEO of JourneyEd.com, in a prepared statement. "Leasing allows schools to remedy both of those issues by providing them with a way to acquire the latest technology without the overwhelming upfront cost."

The service offers schools a fixed monthly payment without a large up-front cash outlay, according to information on the company's site. Some of the available leasing options also offer "tax-deductible monthly payments or the possibility of capitalization." Leases cannot be canceled before the end of the contract term, and schools must provide proof of insurance.

The company claims that schools can expect "potential first year savings of about 70 percent, compared to a cash purchase of the same product at list price," and "present value savings of 10 to 20 percent, compared to cash, over a 3 year period."

Further information about the technology leasing service, including a downloadable IT Guide to Leasing Technology for Schools, can be found on JourneyEd.com.

About the Author

Leila Meyer is a technology writer based in British Columbia. She can be reached at [email protected].

Featured

  • geometric pattern features abstract icons of a dollar sign, graduation cap, and document

    Maricopa Community Colleges Adopts Platform to Combat Student Application Fraud

    In an effort to secure its admissions and financial processes, Maricopa Community Colleges has partnered with A.M. Simpkins and Associates (AMSA) to implement the company's S.A.F.E (Student Application Fraudulent Examination) across the district's 10 institutions.

  • stylized figures, resumes, a graduation cap, and a laptop interconnected with geometric shapes

    OpenAI to Launch AI-Powered Jobs Platform

    OpenAI announced it will launch an AI-powered hiring platform by mid-2026, directly competing with LinkedIn and Indeed in the professional networking and recruitment space. The company announced the initiative alongside an expanded certification program designed to verify AI skills for job seekers.

  • Abstract AI circuit board pattern

    New Nonprofit to Work Toward Safer, Truthful AI

    Turing Award-winning AI researcher Yoshua Bengio has launched LawZero, a new nonprofit aimed at developing AI systems that prioritize safety and truthfulness over autonomy.

  • hooded figure types on a laptop, with abstract manifesto-like posters taped to the wall behind them

    Hacktivism Is a Growing Threat to Higher Education

    In recent years, colleges and universities have faced an evolving array of cybersecurity challenges. But one threat is showing signs of becoming both more frequent and more politically charged: hacktivism.