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RCGC Cuts Cohort Default Rate in Half After Key Changes
At Rowan College at Gloucester County, we have learned that a few changes can lead to big results. By simply beefing up our borrower communication and counseling efforts, the College has cut its cohort default rate in half. At RCGC, where I am the executive director for admissions and financial aid, we have a small…
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Best Practices
Gainful Employment and Default Prevention: 5 Ways to Tackle Them Together
Gainful employment and student loan default prevention. Both topics are of keen interest to the postsecondary education community, and both can have a significant impact on institutions and their students. But the similarities don’t end there. In fact, many of the widely accepted best practices for lowering your school’s cohort default rate can help your…
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Best Practices
Default Prevention Checklist: June
June is a great month to evaluate your school’s past default prevention efforts — and then adjust your future plans accordingly. Include these items in your June default prevention checklist: Review your loan counseling efforts. Have all students who left your school for good in the spring received their exit counseling information? And if you…
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