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  • Discover Financial Services and Discovery Education have launched a new financial literacy program aimed at helping high school students with money management. The program, Pathway to Financial Success in Schools, is offered to schools at no charge and uses interactive instruction to teach students and their families how to manage debt, live on a budget, and save for the future.

  •  Iowa Student Loan announces a new free online tool, the Grad Degree Gauge, which will help students make informed decisions about their borrowing levels and their ability to successfully repay new student loan debt when considering the pursuit of an advanced degree.

  • American Banker highlights ReliaMax, which it describes as an insurer-turned-student-loan-servicer in the right spot at the right time.

  • Trellis Company (formerly TG) announced that its Board of Directors has selected Scott Giles to serve as President and Chief Executive Officer, effective January 22, 2018. Mr. Giles has served for 11 years as Chief Financial Officer for the Higher Education Loan Authority of Missouri, where he was instrumental in the nonprofit’s post FFELP diversification and growth from $6 billion to currently servicing more than $45 billion in loans for the federal government and other clients.

  • Educational Credit Management Corporation (ECMC) announced it has completed the conversion of the $28.6 billion loan portfolio from American Student Assistance (ASA). ASA will continue to serve as the guarantor for Massachusetts and the District of Columbia, with ECMC performing functional and operational guarantor work on ASA’s behalf.

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