Report Shows Profile of Borrowers Who are Likely to Default on Student Loan Debt

The Urban Institute, a non-profit research institute, released a report on the trends seen with borrowers who are more likely to default on their student loan debt. As noted in the report’s executive summary, $250,000 in federal loans go into default every quarter and an additional $20,000 to $30,000 of rehabilitated student loans going into default. 

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News and Opinion

from insideARM.com

» Report Shows Profile of Borrowers Who are Likely to Default on Student Loan Debt

» Credit Adjustments, Inc. Announces $50,000 Gift to Hope of the Heart of a City Campaign

» Text Messages: Elements of Terms and Conditions for Third-Party Debt Collection Industry

» Sequium Introduces the Most Technologically Advanced Mobile App DAVID℠- Slay Your Debt℠, To the COLLECTION INDUSTRY.

» E.D.N.Y. Sanctions Plaintiff and His Counsel for Failing To Voluntarily Dismiss or Amend Complaint Not Supported by Available Evidence

» Court Refuses to Approve $17.5MM TCPA Settlement on Current Record–Says “Good Chance” that Class Counsel “Sold the Case Short”

Text Messages: Elements of Terms and Conditions for Third-Party Debt Collection Industry

Once you understand how commercial text message services work and the type of text message service your agency will offer consumers, it’s time to draft your Terms and Conditions. Terms and conditions, like any electronic service agreement, detail precisely how consumers may subscribe, access Key Words, navigate your text service, avoid text and data rate charges, revoke consent, unsubscribe and access your privacy policy. However, a Terms and Conditions document for the third-party debt collector requires much more.

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» Director of Business Development - Higher Education - Southwest - ConServe - AR

» Collection Manager - Department of Education - RGS Financial - Richardson, TX

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ARM-U 2018 Fall Semester: A Virtual Conference Series for Collection Industry Professionals

23 October 2018 at 01:00 p.m.

insideARM & the Compliance Professionals Forum present a virtual conference series where industry professionals gather to learn from experts focusing on critical topics & operational pressures. 

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» See just how much you can save (and gain) with digital collections

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