Great Ponds Degree Business, constantly known as just “Higher Lakes,” might have been promising government college loans and you can servicing borrowers’ account effectively for several ages. Higher Lakes was large enough so you can meet the requirements while the a nationwide merchant, however, features left their functions mainly based inside Wisconsin, with more practices from inside the Minnesota and you will Southern area Dakota. A lot of Higher Lakes’ profile is in old Federal Friends Studies Financing Program (FFELP) fund, that were made in advance of , and those loans are from the 3 aforementioned states plus Ohio, Iowa, Puerto Rico, plus the You. S. Virgin Countries.
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Great Lakes’ no. 1 solution, and their main means, try providing use of your own student loan account. As the good guarantor from federal student education loans, Great Ponds keeps financial obligation in order to you and the government. Most of the about three activities within this matchmaking display that goal, profitable payment of your federal student loans, and you will Great Lakes’ corporate products are aimed toward achieving you to definitely prevent.