Best Practices for Improving Your Cohort Default Rate

During this session, you’ll discover practical actions you can take to address challenges and improve your cohort default rate. Learn how to include the entire institution in default prevention and student success planning efforts, share messages about responsible borrowing, incorporate financial literacy education through a life-of-the-student approach, and develop effective debt management plans to promote successful student loan repayment. You’ll also hear best practices and examples of how some schools are using early outreach, financial literacy, regular communication, personal counseling and follow-up to ensure borrowers are successfully repaying their education loans.