SALT Debuts New Blog to Address Student Debt Crisis

Blog to Discuss Range of Policy Solutions, Impact on Middle Class and Consumer Competency; Will Feature SALT President John Zurick and Other Experts at American Student Assistance

BOSTON--(BUSINESS WIRE)-- SALT®, the best-in-class consumer literacy program provided by the nonprofit American Student Assistance®, is pleased to announce the release of its new blog, showcasing experts working to address the student debt crisis. The blog will provide insights into the critical national discussion around the importance of higher education, potential policy solutions, the impact on the middle class and the need to increase consumer competency.

The first post is entitled “Recommitting to the public good of higher education.” All are invited to subscribe to the RSS feed of the new blog here: http://vision.saltmoney.org/

“This blog is an important part of our mission to provide solutions to this critical national issue that has a major impact on the middle class,” said SALT president John Zurick. “We want this blog to be a source of conversation among the public, educational leadership and policymakers about real solutions to the student debt crisis in this country.”

The new SALT blog will have posts on a wide range of topics, such as:

• The Importance of Education to a Vibrant Middle Class
• Social Security Garnishment
• Student Debt and Bankruptcy
• State and Federal Funding for Higher Education
• New Studies by ASA such as “Life Delayed” and “Retirement Delayed”
• Employer Tax Credits for Student Debt Relief
• Improving Loan Servicing
• Increasing Financial and Consumer Competency

In addition to the RSS feed, anyone interested can also follow these new posts and insights through LinkedIn or following the organization’s Twitter feeds @SALT_Money or @asa_org.

Through a combination of innovative digital tools and one-on-one counseling, SALT uses the process of paying and borrowing for college as a teachable moment to instill sound financial principles for a lifetime of consumer decisions – all free of charge to students and alumni. Since its launch in 2011, the program has helped many thousands of student loan borrowers prevent or resolve loan delinquency and reduce default, while helping borrowers in trouble get back on track and successfully manage their education debt. Borrowers who engage with SALT are three times more likely to resolve their delinquency and spend 22 percent less time in delinquency than those who don’t engage. SALT maintains a 98 percent customer satisfaction rate for its live counseling. Eight out of 10 SALT members report that they are likely to recommend SALT’s My Money 101 courses to their peers.

SALT is backed by American Student Assistance, a 59-year-old private nonprofit dedicated to reigniting the middle class and the American Dream with a college-educated workforce of consumers capable of attaining lifelong financial stability.

About SALT and American Student AssistanceSALT is a free and unbiased nonprofit-backed financial education program dedicated to giving students, alumni, and families the money knowledge they need for college and beyond. With a combination of helpful tools, tailored information and unbiased expertise, SALT helps young people successfully pay for, and repay, college costs. Through partnerships with more than 300 higher education institutions, nonprofits and corporations, SALT reaches over 3 million individuals. SALT was created by American Student Assistance, a nonprofit organization with 50+ years’ experience helping people make better decisions about financing their education and repaying student loans. Visit www.saltmoney.org or www.asa.org for more information.

American Student Assistance, ASA, SALT, Money Knowledge for College—and Beyond, and corresponding logos are trademarks or registered trademarks of American Student Assistance. ©2015 American Student Assistance. All rights reserved.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151202005026/en/

American Student Assistance
Allesandra Lanza, 617-728-4631
[email protected]
or
Greenough, on behalf of ASA
Brad Puffer, 617-275-6519
[email protected]

Source: American Student Assistance

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Notice of Additional Buyback Offer for Admiral Markets AS Bonds
• Guyana Gold Corp. (OTC:GYGC) Announces Completion of Nevada Legal Name Change to Global Trade Finance Inc. and Outlines Strategic Growth Roadmap Under New Leadership
• New Logitech Ctrl Tomorrow Study Reveals Technology’s Impact On Mood, Wellbeing, Performance and Potential