Tuition

Creating Effective Default Prevention Strategies

Maintaining frequent borrower contact is essential to reducing an institution’s cohort default rate

Identifying students who are at risk of student loan default and establishing ongoing communication with those students are two key strategies for minimizing borrower default. Financial aid administrators should include these strategies and more in their default prevention programs, so borrowers are aware of their repayment options and less likely to default. This web seminar, originally broadcast on January 28, 2014, featured administrators from two institutions. They described the tools and strategies they have employed to curb loan defaults.

Wanted: The $1,000-a-Year Education

A president’s proposal for an education revolution

A father I know asked his 9th-grader how his math grades had jumped from C to A-, when prior personal tutoring hadn’t helped. The reply: “Dad, it’s easy! I taught myself using Khan Academy.”

$10K Degree Update

California, Texas, and Florida tend to be bellwether states for education because of their sheer size. So recent legislation proposed in California should have an interesting effect on the $10,000-degree movement. In January, Assemblyman Dan Logue, R-Marysville proposed legislation to make it possible for students to get a degree from the California State University system through closer coordination between high schools, community colleges, and CSU. He later proposed a companion bill for $20,000 degrees from the University of California system.

Gallup/Lumina Foundation Poll Reveals Public Perception of Higher Ed

Despite recent conversations that have been stirring about the value and return on investment of American higher education, there is still a strong public opinion in favor of it, according to a new Gallup/Lumina Foundation poll. The issue, the poll found, lies in how people feel about attainment and the current model of higher ed.

The $1 Trillion Problem: Protect Your Institution from Student Debt

Educating students is key to minimizing the student loan debt problem affecting your entire campus

The pressure institutions are facing from the growing student loan debt crisis is felt by all departments, from financial aid to admissions. Schools are struggling to justify tuition costs to prospective students, as well as to ensure recent alumni leave pleased with the institution, despite having student loan debt. In this web seminar, originally broadcast on November 13, 2012, representatives from American Student Assistance (ASA), St.

Voters Say Yes to Proposition 30

Higher ed ballot initiatives shown support

While voters across the nation were glued to their screens last night counting electoral votes, the higher education community was holding its breath awaiting the answers on a number of important ballot initiatives, proving this year’s election was truly about more than blue and red for higher ed.

Candidates Battle Over Higher Education

Campaigns highlight differences on financial aid.

With the 2012 election only weeks away, Pres. Barack Obama and Gov. Mitt Romney are furiously campaigning for that segment of undecided voters that could make or break their efforts.

At the top of nearly every list of voter concerns this year, of course, is the economy. And because one of the keys to growing the economy is an educated workforce, voters are anxious to hear where each candidate stands on higher education. For the most part, the discussion centers on two issues—affordability and accountability—and the differences are stark.

Promotional Pointers

Spreading the word about your installment plan option using in-house resources? Here are some tips.
  • Emphasize the cost savings. By paying even a portion of their tuition through an installment plan now, rather than amassing larger post-college debt, families can save big.
  • Make it multichannel. Communications about the option should ideally be on-paper (mailed and posted on campus), online, via email, and by phone. 
  • Reach out often. Students and parents should hear about the payment plan option several times during both the admissions process and after enrollment—and especially when financial aid programs are explained.

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