Date Recorded: May 20, 2021
Duration: 90 minutes
Whether the COVID-19 waivers that have been applied to most federal student loan borrowers are extended beyond Sept. 30, 2021 or not, at some point we will be facing the phenomenon of 42 million student loan borrowers reentering repayment at the same time, during a continued economic crisis. Despite significant efforts on the behalf of the Department of Education and loan servicers, this event will almost certainly result in increased delinquency and default rates among borrowers, due in part to possible servicing delays resulting from the significant and sudden increase in volume. This webinar will discuss what we might expect, the possible impact both short- and long-term for institutions and borrowers, and how institutions can prepare for and mitigate the residual effects of the pandemic.
The Institute of Student Loan Advisors
Vice President of Professional Development and Institutional Compliance
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