Category Archives: Uncategorized

Entrance and Exit Counseling Effectiveness

STUDENT LOAN COUNSELING is required for student loan borrowers; however, each year students exit their school unaware of how much they borrowed, and many think they owe nothing…read more from US News and World Report Advertisements

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REHABILITATE YOUR LOAN

Loan rehabilitation is a one-time "Get out of default" card. Here’s how it works: The collection agency sets a monthly payment based on your income, minus any reasonable monthly expenses. The amount could be as low as $5 a month. … Continue reading

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2018 SFA Conference – Atlanta

2018 SFA Conference Highlights: Sec of Ed Betsy DeVos – Accountability and student loan debt is crisis Third Party Audits- Not necessary if all you are doing is default prevention. Just file an Assertion Letter with ED. "Third Party Oversight … Continue reading

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IBR Great but Don’t Over Sell It.

Is IBR plans helpful? I just recently read this article about IBR’s take a look here…https://www.forbes.com/sites/prestoncooper2/2018/08/07/income-based-repayment-reduces-student-loan-delinquency-but-dont-oversell-it/#7cf66f6e37d0 Matt Klabacka 702-610-8574 mobile/text

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New 90/10 Rule Poised to Help Career Colleges

read full article here. https://www.educationnext.org/change-rules-unleash-innovation-forum-rethinking-rules-federal-higher-ed-spending/ Matt Klabacka Default Prevention 702-610-8574 mobile/text

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Gainful Employment Renaming and Covering Harvard Also

ED is getting ready to throw a bone to the for profit industry by making all higher ed institutions comply with a gainful employment stylized reg….read more at wsj… https://www.wsj.com/articles/devos-plans-to-repeal-obama-rule-targeting-underperforming-training-colleges-1532641977 Matt Klabacka Default Prevention, Inc PO BOX 50682 Henderson, NV … Continue reading

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Loan Forgiveness Program Major Changes

Recent Article in WSJ regarding loan forgiveness from Zack Friedman is a keynote speaker and Founder & CEO of Make Lemonade, a personal finance comparison site that helps you save money and live a better financial life. wall Street Journal … Continue reading

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