Empowering Students through Outreach, Education, and Counseling
Each year, millions of students rely on federal student loans to help them achieve their postsecondary academic and career goals. While many borrowers successfully repay their loans, others struggle and a significant number default.
With 50+ years of experience helping student loan borrowers avoid and recover from default, Ascendium is uniquely qualified to help students take control of their debt. Last year we took our experience nationwide and launched Cohort Catalyst to help schools across the country help their student loan borrowers successfully manage repayment.
Cohort Catalyst features school-branded outreach, data management, an inbound call center, expert counseling, and personalization for the unique needs of each school and student.
One early Cohort Catalyst partner, the Wisconsin Technical College System (WTCS), achieved system-wide promising results in under 12 months with an average default rate reduction of 11.7%. Now, after 20 months of collaboration and close to 10,000 cures their system-wide average default rate reduction is expected to reach 22%.
Everything we do is in service of our mission to ensure the success of students. We're not a student loan servicer, but rather an extension of your school’s efforts to provide loan education and comprehensive understanding of student loan responsibilities and options.
As we continue to develop Cohort Catalyst and the Attigo Suite, we look to a future where student loan indebtedness and loan repayment are no longer barriers to college completion or career success.
In gratitude for your trust in us,
Beth Erickson
Vice President Repayment Solutions
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Congrats on successfully kicking off a new school year! Next up - fall conference season. Are you attending your association's event? If so, let's meet face-to-face. We would ❤️ to share insight on our nationally recognized student debt letter, default management solution, financial wellness curriculum, and higher-ed training. Plus, we've got some exciting new developments on the horizon, tidbits we can share over coffee. If you're not attending a conference, there are still numerous ways we can help.
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