Journal of Student Financial Aid
Abstract
Annually, millions of dollars are not available to reloan because colleges are not making a really sincere effort to collect the loans past due and delinquent. Catching up on the accounts which have become delinquent is the hardest job because of the time it takes. But once you are current, keeping ahead of borrowers whose accounts become delinquent is not as difficult or as time consuming. The hurdles, in the order in which they exist, are to accept the situation, to coordinate collection, and to begin contacting those in arrears. The rewards are well worth the time and the cost.
Recommended Citation
Swift, John S. Jr.
(1976)
"Collecting National Defense/Direct Student Loans: Is it a Financial Aid Office Responsibility,"
Journal of Student Financial Aid: Vol. 6
:
Iss.
1
, Article 5.
DOI: https://doi.org/10.55504/0884-9153.1304
Available at:
https://ir.library.louisville.edu/jsfa/vol6/iss1/5