By Stefanie Botelho. USA Funds has introduced an enhanced student loan default prevention service that helps colleges and universities better target outreach to and counseling of student loan borrowers. USA Funds Borrower Connect Advantage combines powerful analytics and early intervention to help schools improve their cohort default rates by helping more of their former students successfully repay their loans.
Learn more at www.usafunds.org. More...
News UM student's proposal on addressing student debt gains traction
By Josh Meny. University of Montana student Mitch Everts has come up with a plan to help curb student debt and now two Missoula lawmakers will carry it to the state legislature.
Everts wrote the framework for a bill called the People's Bill, which is an option to repay student loans by withholding a percent of a student's income.
"A student could choose between 3 percent to 10 percent of additional income withholding to pay down their student loans, and why students like it is because the payments become relative to their individual income," Everts said. More...
University of Montana student Mitch Everts has come up with a plan to help curb student debt and now two Missoula lawmakers will carry it to the state legislature.
Everts wrote the framework for a bill called the People's Bill, which is an option to repay student loans by withholding a percent of a student's income.
"A student could choose between 3 percent to 10 percent of additional income withholding to pay down their student loans, and why students like it is because the payments become relative to their individual income," Everts said.