SUNY beginning system-wide student loan default prevention program
Sept. 19, 2012
- The State University of New York System has announced a system-wide student loan default prevention effort, which will begin as a pilot program on six campuses this year before expanding to all 64 community colleges, four-year colleges and universities next fall.
- Despite being the most comprehensive plan so far by a state higher education system to deal with student borrowing, the plan won't persuade students to borrow less and some of its steps are already in place on other campuses nationwide.
- The part of SUNY's plan that has policy experts the most interested is a partnership with the U.S. Department of Education to share data about student borrowers in order to search of factors that correlate student loan defaults.
From the article:
The State University of New York System announced this week it will begin a systemwide effort to prevent student borrowers from defaulting on their loans. The plan is the most comprehensive so far by a state higher education system to deal with the growing concern surrounding student borrowing. ...
- Photo credit:
- Scott McLeod