Dr. Martin Luther King Jr. and Public Service Loan Forgiveness: Tool #3 in effective student outreach.

Posted by Joe Crosby on 1/20/14 3:18 PM

This is part 3 of our series on tools for effective student outreach. Read tool #1 and tool #2.

On Monday of this week, we celebrate the life, achievements, and legacy of Dr. Martin Luther King Jr.

His philosophy of peaceful protest, standing up against oppression, and service to others has inspired many. Today, we are reminded of his legacy through the energy of millions of college students ready to serve others and improve the world.

What does this have to do with student loan outreach?

Many of the millions of college students who are borrowing to fund their education will enter job fields focused on service.

Public Service Loan Forgiveness (PSLF) is an attractive option to help them avoid default and pay off their student loans. 

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Topics: student loan outreach

Tool # 2 for great student outreach: grace messaging

Posted by Joe Crosby on 1/15/14 2:18 PM

This is the second part of our series on effective tools for student outreach. You can find tool #1 here.

The student loan grace period is wonderful for two reasons.

  1. It gives students time to get their financial affairs in order without the burden of a monthly payment.
  2. It lets students swap student life (one rife with late night studying, unhealthy meals caught on the fly, instructors who are difficult to find) for real life (one with early mornings, scheduled brown bag lunches, and bosses that are easy to find). 
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Topics: student loan outreach

Income Based Repayment - tool # 1 in your successful student outreach campaign

Posted by Joe Crosby on 1/10/14 12:31 PM

You probably didn't get into the financial aid and student services career field because you loved tracking your school's Cohort Default Rate and managing complex student loan servicer data.

You are probably in your role because you think post-secondary education is the key to a brighter future for our students.      

Unfortunately, our student borrowers in repayment are under a little stress. 

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Topics: student loan outreach