Home / Daily Digest / Daily Digest – January 16. Why 2018 Will Be Best Year in A Decade For ARM Industry; Report Concludes ‘Looming Student Debt Crisis is Worse’ Than Expected

Daily Digest – January 16. Why 2018 Will Be Best Year in A Decade For ARM Industry; Report Concludes ‘Looming Student Debt Crisis is Worse’ Than Expected

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

 

WHY 2018 WILL BE BEST YEAR IN A DECADE FOR ARM INDUSTRY

  • Gordon Beck, CEO of Diversified Consultants, Inc., made a bold prediction for the ARM industry for 2018. Speaking on a webinar last week which was sponsored by Microbilt, Beck said that 2018 will be the ARM’s industry’s “best year in a decade.” The objective of the webinar was to provide an in-depth outlook at what 2018 has in store for the ARM industry.

 

REPORT CONCLUDES: ‘LOOMING STUDENT DEBT CRISIS IS WORSE THAN WE THOUGHT’

  • About 40% of students who attended college in 2004 will eventually default on their student loans by 2023, according to an analysis a professor at Columbia University. That figure is about double the default rate among students who attended college in 1996. By analyzing a 20-year trend for 1996 graduates, data can be extrapolated about how the 2004 graduating class will perform during the next six-to-seven years.

 

CFPB’S ENGLISH APPEALS DENIAL OF PRELIMINARY INJUNCTION

  • Leandra English, the deputy director of the Consumer Financial Protection Bureau, has taken the next step in trying to legally claim the director’s position at the agency, by appealing a ruling denying her request for a preliminary injunction to the Court of Appeals for the District of Columbia.

 

MRS PLANS TO EXPAND VANTAGE SOURCING AFTER ACQUISITION

  • MRS BPO’s acquisition of Vantage Sourcing will lead to 110 new jobs being created in Vantage’s Alabama office, according to a published report. The new hires will join approximately 70 employees who already work at Vantage’s Dothan, Ala., office.

 

WORTH NOTING: Parents in California allegedly held their 13 kids captive for years, to the point where neighbors didn’t even realize that there were kids living in the house … I’m definitely a few days late to this because it happened over the weekend, but the false missile alert from Hawaii still has me shaking my head … American Airlines just gave their flight attendants a big weapon to help deal with cranky passengers … How re-arranging your schedule can make you 20% smarter … How science can help make meetings more productive … Why your car company may know more about you than anyone else … Embezzlement is plaguing union offices across the country … The ugliest building in every stateArtificial intelligence predictions for 2018 … Scientists have figured out what killed 15 million Aztecs in a five-year span 500 years ago.

Why is it so hard to fall asleep?

An artist in Australia recreated the balloon scene from “Up”

The Daily Digest is sponsored by Beam Software. A Microsoft Gold Certified Partner, Beam is a thought leader in portfolio management and collection software. They offer both cloud-based and on-premise solutions to accommodate the entire collection continuum. For more information, please visit www.beamsoftware.com or call (800) 212-2326.

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