Jarett Reinwald

Cohort Default Rate Problems

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...

Cohort Default Rate Measurement in the New Environment

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....

Student Loan Servicer Layoffs

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...

Are Federal Loan Servicers Prepared for Repayment Resumption?

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...

Will Student Loan Defaults and Delinquencies Return?

Mar 13, 2023 | Default Management, News, News Inserts, Schools

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...