New Report Shines Spotlight On Student Loan “Crisis”

When many of us think about student loans, we probably visualize a fresh-faced 20-year-old striding across a picturesque campus at a traditional four-year school. If we’re thinking about surging student loan defaults however, that visual would be wrong.

The dramatic rise in enrollment at for-profit schools is best exemplified by reviewing the top 25 schools whose students owed the most federal student loan debt. In 2000, only one for-profit institution appeared on this list. In…

Why Student Lending Works (Part 2 of 2)

In our last post, we shared the first half of Student Choice President Scott Patterson’s interview with CUbroadcast. In this installment, Scott talks about the benefits of student lending for credit unions, the ideal CU for this offering, and success stories to show how credit unions can step up in the student lending arena to create life-long member relationships.

 

 

Could your credit union be the next Student Choice success…

Why CU Student Lending Works

Credit Union Student Choice President Scott Patterson was recently featured on CU Broadcast to discuss how credit unions can benefit from offering private student loan solutions — along with why it’s a growing trend, how it works, the state of student lending today, and more.

 

Watch part one and stay tuned for part two, where Scott shares credit union student lending success stories.

Why Student Lending is a Growing…

Easing Parents’ Minds with Holistic Financing Solutions

According to a recent Gallup Poll, paying for college is the top money concern for parents of children younger than 18 years old. In fact, more than seven in 10 parents indicated they were “very” or “moderately” worried about the issue. This means parents worry more about having enough money to pay for their children’s college education than other Americans worry about any other common financial concern, even more than retirement or medical costs….