Blog.
Three Ways to Improve College Retention Rates
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 rate of a four-year...
Cohort Default Rate Problems
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...
Cohort Default Rate Measurement in the New Environment
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....
Student Loan Servicer Layoffs
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...
Are Federal Loan Servicers Prepared for Repayment Resumption?
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 years, we...
Will Student Loan Defaults and Delinquencies Return?
Student loan borrowers have enjoyed a three-year reprieve from their student loan payments. Hopefully, many student loan borrowers are in a better place than they were before the pandemic began. Student loan repayment will resume later this summer. Even if the Biden...
SECURE 2.0 Employer Contributions Help Student Loan Borrowers Save for Retirement
Student Loan Debt Will Continue to be High Even if Forgiveness Happens The national student loan debt balance is at $1.75 trillion. Even if $400 billion is forgiven, student debt will continue to be one of the largest forms of household debt. The Biden...
ION Launches Presto to Help Borrowers Ahead of Repayment Resumption
Presto Allows IonTuition Users to Apply Directly for Income-Driven Repayment Plans IonTuition (ION), the revolutionary education technology company offering concierge-level support services and online student loan repayment tools for colleges, has officially launched...
ION Offers College Enrollment Management Service with Built-In Compliance Engine
LinQ Solution Provides 3-Minute Response Time to Leads & Inquiries IonTuition (ION) the revolutionary education technology company offering voluntary financial wellness benefits for employers and online student loan repayment tools for colleges, has officially...
Policymakers Must Focus on How to Finance Higher Education, not Student Loan Debt
Finance Higher Education: There is certain desperation today to figure out what is next on the student loan front. Forgiveness and cancellation take center stage rhetoric without fiscal discipline, performance, or accountability. Today, election politics hold higher...