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<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#000080" SIZE=2 FACE="Arial">The information bedded below is additional information on the presentation made by Mary Mowdy on the student default rates. This information was also shared with your Presidents at their counsel meeting</FONT></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"><FONT COLOR="#000080" SIZE=2 FACE="Arial"> and is provided for informational purposes only.</FONT></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"> </SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT SIZE=2 FACE="Tahoma">_____________________________________________<BR>
</FONT></SPAN><SPAN LANG="en-us"><B></B></SPAN><SPAN LANG="en-us"><B><FONT SIZE=2 FACE="Tahoma">From:</FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"><FONT SIZE=2 FACE="Tahoma"> Maletz, Maryanne<BR>
</FONT></SPAN><SPAN LANG="en-us"><B></B></SPAN><SPAN LANG="en-us"><B><FONT SIZE=2 FACE="Tahoma">Sent:</FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"><FONT SIZE=2 FACE="Tahoma"> Thursday, October 06, 2005 12:07 PM<BR>
</FONT></SPAN><SPAN LANG="en-us"><B></B></SPAN><SPAN LANG="en-us"><B><FONT SIZE=2 FACE="Tahoma">To:</FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"><FONT SIZE=2 FACE="Tahoma"> Mauck, Sheri<BR>
</FONT></SPAN><SPAN LANG="en-us"><B></B></SPAN><SPAN LANG="en-us"><B><FONT SIZE=2 FACE="Tahoma">Subject:</FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"><FONT SIZE=2 FACE="Tahoma"> FW: Student Loan Cohort Rates</FONT></SPAN><SPAN LANG="en-us"></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#0000FF" SIZE=2 FACE="Arial">Can you send this to the COBO?</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT SIZE=1 FACE="Tahoma">______________________________________________ </FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><B><FONT SIZE=1 FACE="Tahoma">From: </FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"> <FONT SIZE=1 FACE="Tahoma">Risser, Paul </FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><B><FONT SIZE=1 FACE="Tahoma">Sent: </FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"> <FONT SIZE=1 FACE="Tahoma">Thursday, October 06, 2005 11:15 AM</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><B><FONT SIZE=1 FACE="Tahoma">To: </FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"> <FONT SIZE=1 FACE="Tahoma">Presidents</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><B><FONT SIZE=1 FACE="Tahoma">Cc: </FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"> <FONT SIZE=1 FACE="Tahoma">Mowdy, Mary; Maletz, Maryanne</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><B><FONT SIZE=1 FACE="Tahoma">Subject: </FONT></B></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"> <FONT SIZE=1 FACE="Tahoma">Student Loan Cohort Rates</FONT></SPAN></P>
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<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#0000FF" SIZE=2 FACE="Arial">Hi All,</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#0000FF" SIZE=2 FACE="Arial">Attached below is the Student Loan Cohort Default Rates power point presentation that Mary Mowdy shared with the Presidents' Council Budget Committee earlier this week. President Feaver had asked during the meeting that this information be shared with all presidents. </FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#0000FF" SIZE=2 FACE="Arial">In response to President Hays' question about the amount of loans outstanding, we currently have 24,836 loans in default totaling $261,636,828. As for regular loans outstanding that are still with the lender, (not in default), the number is 1,284,081, totaling $3,177,285,422.</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#0000FF" SIZE=2 FACE="Arial">I thought Mary made a very nice presentation. She will certainly be glad to answer any questions.</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#0000FF" SIZE=2 FACE="Arial">Thanks,</FONT></SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT COLOR="#0000FF" SIZE=2 FACE="Arial"> Paul </FONT></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"> </SPAN></P>
<P ALIGN=LEFT><SPAN LANG="en-us"><FONT FACE="Arial" SIZE=2 COLOR="#000000"> <<Mowdy Student Loan Cohort Default Rates Oct 2005.ppt>> </FONT></SPAN><SPAN LANG="en-us"></SPAN><SPAN LANG="en-us"></SPAN></P>
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