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The issue of stranded credits—or course credits a student has accumulated but not paid for—is impacting every sector of higher education. It is estimated that stranded credits affect some 6.6 million students and total $15 billion in unpaid balances, creating challenges for both students and institutions.
While addressing stranded credits is a significant opportunity to increase enrollment, revenue, and student success, recent studies have found that 75% of institutions do not have formal programs and processes in place to do so.
Your payments vendor could play a key role. Learn more about stranded credits, and how to address the issue at your institution, in this white paper.
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