Apr 17, 2023 | Enrollment Services, News, News Inserts, Schools, Student Loan Repayment Assistance
64 percent of all students who entered a four-year Bachelor’s degree program in 2014 graduated in six years. (Source: nces.ed.gov and educationdata.org). While that’s an improvement from twenty years ago, it’s not a good sign we measure the success...
Apr 10, 2023 | Default Management, News, News Inserts, Schools, Student Loan Repayment Assistance
A Major Problem for Students and Families In January 2022, the U.S. General Accountability Office wrote about significant problems that Federal Student Aid and Federal Servicers would face when repayment was set to resume in September 2022 there will be cohort default...
Apr 3, 2023 | Default Management
There are several immediate impacts of policy and other changes related to the Cohort Default Rate (CDR) measurement for colleges and universities. Right or wrong, CDR is key to institutional quality ratings. The higher the CDR, the lower the institutional quality....
Mar 31, 2023 | Default Management, Schools, Student Loan Repayment Assistance
Nelnet Announces Plans to Lay Off Over 500 Workers For the second time in the past year, one of the largest student loan servicers in the country is reducing staff. Last week, Nelnet announced layoffs of approximately 550 associates due to a...
Mar 20, 2023 | News, News Inserts, Schools, Student Loan Repayment Assistance
by Balaji “Raj” Rajan Does FSA need Federal Loan Servicers? The answer is a resounding YES! Federal loan servicers and Federal Student Aid (FSA) have a codependent relationship, but tracking their performance and connection has always been murky. After 12...