Press Releases

For Media Inquiries, please email: pr@graduateleverage.com

03-13-08

Graduate Leverage suspending participation in FFEL program

Waltham, MA - March 13, 2008 - Graduate Leverage (GL) announces that the unprecedented disruptions in the capital markets have limited its ability to issue federal loans. Thus, GL has temporarily suspended the funding of new FFEL loans effective immediately.

"Current market conditions prevent us from obtaining the capital required to fund our federal loan program," says Dan Thibeault, Graduate Leverage president and co-founder. "We are hopeful that market conditions will improve and we will be able to resume normal funding of student loans. Until that time, we are recommending students obtain their federal loans from another lender."

As part of this action, Graduate Leverage is no longer accepting applications for all federal loan programs. GL is contacting affected borrowers and members of the financial aid community to ensure the smoothest possible transition for borrowers to obtain loans from another lender. Borrowers and financial aid office staff may contact Graduate Leverage at 888-350-8488 with any loan-specific questions.

11-07-07

Graduate Leverage introduces in house servicing and new programs to mitigate student debt

Flexibility and control in our origination processing along with long term commitment to customers via life-of-loan servicing will uniquely distinguish Graduate Leverage's offerings to schools and borrowers

Waltham, MA - October 24, 2007 - Graduate Leverage (GL), a leading educational debt advisory service, announces the opening of its new loan origination and servicing branch in College Station, Texas. In response to a more than 1,000% surge in origination volume from 2006 to 2007, and to strengthen its commitment to students, Graduate Leverage has committed to life of loan servicing for all of its borrowers.

Read the full release…

04-11-07

Graduate Leverage Establishes Position As Leading Student Loan Advisory Service

More than 50,000 Graduate Students Find Best Rates, Terms and Consolidation Options

WALTHAM, Mass - April 11, 2007 - Graduate Leverage, the leading educational debt advisory service provider, today announced the results of their 2006 advisory campaign. The results included $1.7 billion in student loan originations, through which more than 50,000 students were able to secure superior loan terms. Graduate Leverage provides a comprehensive debt management consultation service and works directly with students, parents and financial aid officers to help mitigate the costs of higher education.

Read the full release…

02-28-07

Graduate Leverage Student Survey Supports Need for Preferred Lender Lists as Valuable Tools in Student Loan Decision-Making Process

Transparent lender lists and analytical tools also critical for improving students' financial knowledge

WALTHAM, Mass. - February 28, 2007 - Graduate Leverage, a leading educational debt advisory service provider, today reiterated its support of preferred lender lists. Graduate Leverage made this announcement in response to recent media attention focusing on the pros and cons of these lists, including reports questioning the ability of financial aid professionals to offer unbiased advice. The position rests on the results of extensive student surveying, through which students have demonstrated an inability to determine which student loan offering is most attractive. Graduate Leverage's intermediary approach focuses on working with financial aid officers and students to provide a comprehensive debt management consultation service, during which its advisors address students' individual needs and helps them mitigate the cost of their debt.

Read the full release…