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...
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...
Fresh Start Initiative Opportunity to Complete College
Fresh Start initiative allows borrowers with federal student loans in default to reenter current repayment and regain access to aid The Fresh Start initiative was announced by the U.S. Department of Education (ED) last April. Fresh Start gives borrowers...