Debt-Management Perspectives

USA Funds Introduces Bilingual Version of Financial Literacy Program for College Students
Two modules of the popular USA Funds Life Skills^® financial literacy curriculum now are available in both English and Spanish. Read more.

USA Funds Cohort Analysis Tool Simplifies Review of Loan Data
This week’s release of draft cohort default rates signals the time to review borrower loan data for errors that may affect final default rates. The USA Funds Cohort Analysis Tool^SM helps schools identify borrower records in the Electronic Loan Record Detail Report that may need to be corrected — saving you time in identifying potential cohort challenges. Learn more.

Washington Report

House Passes Reauthorization Bill
The U.S. House of Representatives has approved legislation to reauthorize the Higher Education Act. Read more.

USA Funds Update

USA Funds Announces $50,000 Challenge Grant to Support Latino Students in Indiana
Nearly 150 people gathered in Indianapolis Jan. 30 for a USA Funds^®-sponsored event to raise awareness of the need for scholarship funds for Latino students in Indiana. At the event, Carl Dalstrom, USA Funds president and CEO, announced that USA Funds has issued a $50,000 challenge grant to support a new Latino scholarship fund. Learn more.

USA Funds Hosts March Education Lender Forums
USA Funds is hosting two Education Lender Forums in March. The half-day events — scheduled for Kansas City, Mo., and San Antonio, Texas — will help keep USA Funds’ lender-customers abreast of the latest ways to navigate the ever-changing education finance marketplace. Read more.

USA Funds Helps Borrower Resolve Payment Problems
Laurie Dent, a former student from St. Louis who had difficulty making her student loan payments, received guidance from default prevention staff supported by USA Funds. Based on this guidance, Dent was able to obtain a forbearance to temporarily delay her loan payments and subsequently consolidated her loans to reduce her monthly payments. She has been current on her payments for more than a year. Learn more.