Default Prevention Service Client Testimonials: Here’s what RepayCentsibly™’s clients have to say about the program…
Idaho State Universityâ€™s CDR has dropped from 15% to 7.4% over the last four years. Only 7.4 percent of Idaho State University students who entered into student loan repayment three years ago have defaulted on their loans. The rate is well below the national cohort student loan default rate (11.5%).
RepayCentsiblyâ„¢ has helped drop our student loan default rates by over 5% [from 17.7 to 12.2] during the past 4 years. They do a great job contacting our former students before they default on their loans and get them connected with their loan servicer. Their customer service is exceptional!
"RepayCentsiblyâ„¢ understood the negative impact our increasing cohort default rate had on students and our university. Their genuine desire to help students avoid the adverse effects of defaulting and their proactive approach to reach out to these students has greatly benefited UVU."
"I just wanted to let you know that our Cohort Default Rate for FY2011 is 5.7%, as predicted. Yeah, a decrease from 6.9%! The RepayCentsiblyâ„¢ program is workingâ€”I really am pleased with the result, and am happy to report to my bosses about the decrease. Thanks for the work you guys are doing with the default prevention, itâ€™s working."