University Capital is a nationwide private student loan distressed debt buyer from colleges and universities nationwide.
The Company purchases directly from educational instituitions and then collects through third party collection agencies. Gross portfolio recoveries target 2.5X-4.0X acquisition cost.
The company has 400 college and university clients.
The Federal Reserve reports that student loan debt outstanding now exceeds $1 trillion dollars. Private non-federal guaranteed student loans comprise over $250 billion of this total.