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Higher Education Enrollment Cliff  Demands Change

Higher Education Enrollment Cliff Demands Change

Apr 24, 2023 | Enrollment Services, News, News Inserts, Schools

Based on birthrate data from the Centers for Disease Control, the number of college-aged Americans will dramatically decline beginning in 2025. Many experts have deemed this as the “enrollment cliff” for higher education. However, the most recent data from...
Three Ways to Improve College Retention Rates

Three Ways to Improve College Retention Rates

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...
Cohort Default Rate Problems

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...
Student Loan Servicer Layoffs

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?

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?

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...
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