College and high school graduates in 2020 followed a new normal when receiving their diplomas, and uncertainties remain about how a return to the halls of academia will look this fall. What is certain is that students will continue to need loans and college degrees to pursue bright futures.
A recent article in USA Today reports, “According to the Chronicle of Higher Education, which is tracking more than 860 institutions’ plans, two-thirds of colleges are planning to welcome back students in person, while only 7% are planning to hold classes only online. Many other colleges have yet to make a decision.”
LendKey services the entire life of the loan, along with online decisioning, loan origination, member acquisition, performance assessments, risk consulting, audit support and analytics, allowing credit unions to focus on serving their memberships. LendKey credit union partners also benefit from unique liquidity options including a customized, white-labeled full-balance sheet option, a modern participation program, and a forward sale program.