Managing Loan Default: Making A Difference In 60 Minutes

1. Default management is important to your institution but it requires resources and time. We’ve identified three different activities that can be done with minimal effort. By dedicating 60 minutes each month, you can lower your school’s cohort default rate and facilitate your ultimate goal—help all borrowers succeed in repayment. 
2. Specific Topics Covered:

                                                               i.      Outreach to borrowers during their grace period

                                                             ii.      Promote Income Driven Repayment (IDR) to mid-stage delinquent borrowers

                                                           iii.      Help borrowers before they default