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Attigo Connects Newsletter

Helping People Reach Their Full Potential

March 2021 │ Issue 27

In This Issue

  • An Opportunity to Help Defaulted Borrowers
  • Check Out Our Latest Blog Posts
  • SmartSessions - Free Online Training
  • Resources to Help Your Association Achieve Its Goals
  • Connect with Us On LinkedIn and Twitter

An Opportunity to Help Defaulted Borrowers

Borrowers with federally held student loans aren't at risk for default in 2021 due to the CARES Act and current student loan payment suspension. But typically, more than a million student loans default each year. In fact, about 20% of all student loan borrowers are currently in default. 

These individuals could be dealing with damaged credit, wage garnishment and tax refund offsets. Default also stops many previous students from re-enrolling as they aren't eligible for federal student aid. And research shows some communities are hit harder than others.

Racial disparities in relation to student loan debt and default are concerning and drawing much needed attention

While defaulted borrowers do not have to take any action right now, the CARES Act offers these borrowers a unique opportunity to move forward from the crippling consequences of default.

If defaulted borrowers pursue rehabilitation and are unable to make a scheduled payment during this period of postponement, they get credit for missed payments. But most borrowers don't know this.

Together we can help defaulted borrowers move forward

Ascendium is one of only a few organizations that have the knowledge and expertise to help student loan borrowers rehabilitate their loans and earn an important second chance at success. 

Learn more about this unique opportunity for defaulted borrowers and how our expertise can help you help your students, employees, or customers.

Let’s work together to make a positive difference.

beth-headshot-190x190 Beth Erickson
Vice President Repayment Solutions 

Check Out Our Latest Blog Posts




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Free Online Training for Higher-Ed Professionals

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Be sure to register for our upcoming training sessions listed below. Designed to keep you a step ahead in an ever-changing world, we're confident you'll find value in each session you attend.

You can also view our full schedule here. It's updated monthly, so check back often.

03/30/2021 The Student Loan Repayment Checklist
03/31/2021 Uniting Personalities for a Positive Work Environment
04/06/2021 Maximizing Your Financial Wellness Initiatives with GradReady® 
04/13/2021 Navigating First-Generation Students to Success
04/15/2021 A Second Chance with Loan Rehabilitation
04/27/2021 Exploring Students, Money, and Their Relationships
04/29/2021 Elevating Your Customer Service Beyond Compare

Seeking Resources to Help Your Association Achieve Its Goals?

Visit our Professional Association Support page for immediately available presentations and communications content.

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Get updates on student success and student loan repayment strategies. Follow us on LinkedIn, Twitter, and YouTube.

Ascendium Education Solutions, Inc. 2501 International Lane 
Madison WI 53704-3192

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