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Draft Cohort Default Rate Guide
Best Practices
Draft Cohort Default Rate: How To Plan Ahead & Take Action
Hearing the phrase “our draft cohort default rate is out” can bring out many different emotions to someone working at a college or university. Whether you work in university governance or down in the trenches of a financial aid office, there’s a lot on the line in higher education once draft CDRs are received. With draft…
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Best Practices
Want Less Student Loan Default Risk? Start With More Insight About Your Borrower Data
When it comes to the risk of students facing money management and loan repayment difficulties, less is definitely more. But reducing student risk requires increasing institutional knowledge. Sometimes, that starts with knowing what you don’t know – and there can be a lot of unknowns. However, that’s good news, because that discovery process is a…
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Tools and Solutions
Measure of Success: the Borrower Connect Outreach Customer Satisfaction Survey
Last week, I reviewed the results of our annual customer satisfaction survey for the “software only” application of Borrower Connect. Borrower Connect is our patented default prevention software, which institutions use to provide student loan repayment assistance to their borrowers. Because it is scalable to any scope and budget, some customers use only the turnkey…
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Tools and Solutions
Measure of Success: the Borrower Connect Software Customer Satisfaction Survey
One of the things that sets Borrower Connect apart from the competition is that it’s the only student loan management solution in the industry to have a patent. That’s a recognition of its unique ability to aggregate troves of complex borrower data and to transform that complexity into easy-to-understand reporting and forecasting. Hundreds of institutions…
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