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September 17, 2013 | Follow us
Improving Your School's Student Loan Default Rate
Post-secondary schools have a vested financial interest in helping their students take responsibility for repaying education loans, and administrators play a key role in deciding how to best educate student borrowers about their responsibility. Choosing the most effective strategy for reaching student borrowers after they leave school helps guarantee a successful return on your investment.
How do you select an effective default prevention program when there is some confusion about how to evaluate program performance? To first help your students with their repayment questions, it's important to understand contact rates and resolution rates.
In addition to focusing on contact and resolution rates, creating a highly successful holistic strategy not only requires choosing the right strategies and solution set, but it may also require working with a partner to help you achieve your goals and objectives. This is why we've developed a checklist so you can determine what considerations you need to focus on when evaluating different partners and their solutions. Visit our Choosing a Student Success Partner: A Critical Decision checklist to learn more.
We're ready to help your students and school succeed. Learn how you can take action today!
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