Loop U consortium shares resources with peer colleges in Chicago.
The sharing economy is gaining momentum as innovative start-ups allow individuals to be both service provider and consumer at the touch of a smartphone app.
Have a car but need some cash? Uber lets you work as taxi driver for a day. Need a ride but can't afford a taxi? Uber connects you with a driver--a twist on the age-old carpool. From renting a private townhouse for a weekend getaway to sharing office spaces and equipment with other freelancers, the sharing economy allows individuals and businesses to lower overhead, control expenses, and increase revenue.