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Draft CDR: Seven Things
You Should Do After Receiving Yours
Draft cohort default rates (CDR) were released yesterday. Here are
seven things you can do after receiving your draft CDR to ensure you are staying on top
of student loan repayment success: Consider challenging incorrect information. Your
draft CDR will be the basis for calculating your official cohort default rate, released
in September. That means…
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Success Stories
How
Wallace State Community College Is Using Borrower Connect to Boost Its Default
Prevention Program
Becky Graves is the financial aid director for Wallace State
Community College – Hanceville (WSCC), a Borrower Connect customer. WSCC has an
enrollment of more than 7,000 students, making it one of the largest colleges in the
Alabama Community College System. Students at WSCC have a choice of more than 50 majors
as they pursue…
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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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