Student Loan Default Prevention Vendor Evaluation Tips
Date and Time: August 12, 2020 at 2 PM EDT
Presented by: Judith Witherspoon, Senior Vice President
Description: With a myriad of fee structures and services available, it is often challenging to determine the best vendor based on service and total cost. Simple pricing does not equal superior service, and performance-based pricing may not be the best option for your college. An April 2018 Government Accountability Office (GAO) report cautioned colleges using vendors with performance-based fee structures because of possible over reliance on loan forbearance as cures. This webinar will help colleges ask prospective vendors the right questions to better evaluate the true quality and cost of services.
1. Better understand product variables associated with student loan services
2. Improve purchasing agent ability to compare vendor costs accurately
3. Gain an understanding of compliance issues that can impact student borrowers and your college
CPE Availability: 1 hour
This event is part of the 2020 CCBO Business Partner Webinar Series.