Lend Your Voice is Back for 2016

What Lend Your Voice 2015 Brought Us

Testimonials from real borrowers paint a powerful picture of the need for fair-value education lending solutions. Last year Student Choice launched its Lend Your Voice campaign and collected more than 30 student lending stories from credit union borrowers. From first-generation American college students to adults returning to school, the stories let us see the real people behind the Student Choice loan:

Credit Unions Are Providing Responsible Student Loan Options

We continue to make strides to empower credit unions to provide responsible lending solutions to members. Investing in a member’s future is important, but doing it responsibly is paramount to us. Check out the infographic below that shows how credit unions continue to expand into the student lending landscape.

Credit Unions provide responsible student lending options, infographic

Content was first published on creditunions.com and used…

Student Choice Addresses Regulatory Burden, Hiring Student Lending Compliancy Expert Renee Buckner

Renee BucknerIn order to deepen its regulatory and compliance expertise, as well as broaden the level of support it provides to partner credit unions, Credit Union Student Choice, the foremost provider of higher education financing solutions to America’s credit unions, has hired student lending compliance expert Renee Buckner as Vice President of Regulatory Control and Compliance. Buckner started on March 23, 2015.

In this new…

How Credit Unions can help with Financial Literacy

Preparing for college can be one of the most stressful times for young adults and their families. Not only are they concerned with the costs of tuition, books, room and board, but this will be the first time many students have lived on their own. Managing their money, paying bills, and establishing good credit can be difficult skills to build, and unfortunately many college students learn financial lessons the hard way.

A recent CUNA…

Private Student Loans – The Truth about Delinquency

Private vs Federal Private Student LoansIt’s the dirty word of any lending program – “default.” And it’s particularly scary when it comes to student lending, given all the negative press surrounding record student loan debt in America. If you’ve read articles about the student debt crisis and default rates, you may be leery of instituting or expanding a program at your credit union. However, a…

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…