The New “Rs” In Education Finance

Reading. ‘Riting. ‘Rithmetic.

While these well-known “R’s” may be outdated in today’s education world, back in 2011 we showed how they could serve as a helpful tool for credit unions that were evaluating the risk and rewards of private student lending.  But just as standards have changed in education, so has the landscape shifted for education lenders.

So what are some of the new “R’s” that…

Developing a Private Student Lending Program That Lasts

Private Student Loan Balance held by the Credit Union IndustryOver the past several years, hundreds of credit unions have entered the private student lending market. By focusing on several important pillars, these credit unions are delivering a valuable solution to borrowers while also returning positive results to their bottom line.

It may seem daunting to dip your toes into the student lending pool, but the basics…

Who is Responsible for Student Loan Debt?

It was the number heard ‘round the world: American college students have amassed over $1 trillion in student loan debt. To many consumers, that number painted a picture of greedy colleges and lenders cashing in on their American dream. It’s easy in hindsight to point a finger at lenders for taking advantage of borrowers, or at colleges for allowing their students to get in over their heads. Whose fault is it really? There isn’t…