The “national student debt crisis” has been a common conversation in the media and around kitchen tables. It demands a response from higher education. We regularly host webinars with our enrollment management experts to discuss how a loan repayment assistance program (LRAP) can be a vibrant part of your institution’s response, and show you have “skin-in-the-game” when it comes to student loans and risk-sharing.
Join over 160 colleges and universities by making this powerful promise to prospective students and families:
“If you enroll at this university and make less than a certain amount after graduation, you will have help paying your student loans.”
Especially when marketed publicly, a loan repayment assistance program (LRAP) can:
- Accelerate enrollment & net tuition revenue (by 14% or more*).
- Distinguish your institution early in the decision process.
- Demonstrate your institution has “skin in the game” on price.
- Facilitate alumni affinity with real financial assistance.
Now is the time for your institution to make a clear statement about where you stand.