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Nelnet
Nelnet, Inc., is a United States-based conglomerate that deals in the administration and repayment of student loans and education financial services. The company is headquartered in Lincoln, Nebraska. The company provides a range of products through its subsidiaries, which includes customer service for student loan borrowers, technology related to student loan customer service, outsourcing services for guaranty agencies, tuition payment plans, education planning, enrollment-related services and higher education planning tools. On February 7, 2018, Nelnet completed its acquisition of Great Lakes Educational Loan Services, Inc. The combined company is the largest servicer of student loans in the United States, with $397 billion in loans, or around 42% of all student loans in the United States. History Nelnet was founded in 1996 by Mike Dunlap and Steve Butterfield. In March 2000, Nelnet bought ''UNIPAC Service Corporation'', an existing loan servicing company which was founded ...
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Great Lakes Higher Education Corporation
Great Lakes Higher Education Corporation was one of the largest student loan providers and guarantors in the United States. Headquartered in Madison, Wisconsin, the corporation is non-profit. It was one of the four largest companies which service United States federal student loans: ''Great Lakes'', Nelnet, Navient, and the Pennsylvania Higher Education Assistance Agency. In 2018, the loan servicing part of the organization was sold to Nelnet. The company sometimes gives education-related grants, with a focus on increasing access to higher education. Loan servicing The former loan servicing arm of Great Lakes, the ''Great Lakes Educational Loan Services, Inc.'' guaranteed over $51 billion in loans under FFELP, and works with 6,000schools, 1,100lenders and 10,000,000borrowers. In order to replace their loan servicing contract with the United States Department of Education, which expired on June 16, 2019, Great Lakes decided in 2016 to make its bid for a new contract in cooperation ...
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Student Loans In The United States
Student loans in the United States are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships, which are not repaid, and grants, which rarely have to be repaid. Student loans may be discharged through bankruptcy, but this is difficult. Student loan debt has proliferated since 2006, totaling $1.73 trillion by July 2021. In 2019, students who borrowed to complete a bachelor's degree had about $30,000 of debt upon graduation. Almost half of all loans are for graduate school, typically in much higher amounts. Loan amounts vary widely based on race, social class, age, institution type, and degree sought. As of 2017, student debt constituted the largest non-mortgage liability for US households. Research indicates that increasing borrowing ...
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Peterson's
Peterson's, founded in 1966, is an American company that has a wide range of print and digital products and services, including test preparation, career exploration tools, memory retention techniques, and school, financial aid, and scholarship searches. Peterson's is currently headquartered in Denver, Colorado. It was formerly headquartered for many years in Lawrence Township, New Jersey. Peterson's was privately held until its 1995 purchase by The Thomson Corporation. It became part of Thomson Learning (spun off in 2007 as Cengage Learning). On July 27, 2006, Peterson's was acquired by the Nelnet family of companies. On December 31, 2017 Peterson's was acquired by Triangle Digital Ventures. In 2019, Peterson's acquired B.E.S. Publishing. Acquired and child companies Peterson's has acquired several companies in the educational space, includinPeterson's Velocity(formerly Mind Streams) in 2016, and thDean Vaughn Total Retention Systemin 2015. Test prep offerings Peterson's test ...
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Student Loans
A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. This article highlights the differences of the student loan system in several major countries. Australia Tertiary student places in Australia are usually funded through the HECS-HELP scheme. This funding is in the form of loans that are not normal debts. They are repaid over time via a supplementary tax, using a sliding scale based on taxable income. As a consequence, loan repayments are only made when the former student has income to support the repayments. Discounts are available for early repayment. The scheme is available to cit ...
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Jon Bruning
Jon Cumberland Bruning (born April 30, 1969) is an American politician who served as the 32nd Attorney General of Nebraska from 2003 to 2015. A member of the Republican Party, he previously represented the 3rd district in the Nebraska Legislature from 1997 until 2003. He was a candidate in the 2012 United States Senate election in Nebraska, losing the Republican nomination to Deb Fischer and in the 2014 Nebraska gubernatorial election, also losing the nomination to Pete Ricketts. Early life, education and legal career Bruning was born and raised in Lincoln, Nebraska, a fifth generation Nebraskan, and graduated from Lincoln Southeast High School. After high school, Bruning went on to the University of Nebraska where he received a Bachelor's degree in 1990 with High Distinction. Bruning was a member of Phi Beta Kappa and the Innocents Society, a senior honor society at Nebraska that honors 13 seniors for leadership, scholarship and service. After completing his undergraduate stu ...
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Travefy
Travefy () is a Lincoln, Nebraska-based company that builds itinerary management and communication software for travel professionals including travel agents and tour operators among others. Travefy also provides online and mobile group travel planning apps that allow users to organize group travel, create itineraries, and track and split expenses. Founded in 2012 by Columbia Business School graduate, David Donner Chait and Nebraska-based developer, Chris Davis. In April 2015, Travefy received a $1.8 million Series A investment and a key partnership with Travel and Transport, the 5th largest travel management company in the United States. Other investors in Travefy include Nelnet, Nebraska Global, Columbia University of New York City, Nebraska Angels, Linseed Capital LLC, and Campus Evolution Villages. Travefy has been covered in national publications such as ''Forbes'', ''The New York Times'', ''Entrepreneur'', '' U.S. News & World Report'', and ''Fast Company ''Fast ...
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Hudl
Hudl is a product and service of Agile Sports Technologies, Inc. - a Lincoln, Nebraska based company providing tools for coaches and athletes to review game footage and improve team play. Its initial product line served college and professional American football teams; today the company provides video services to youth, amateur, and professional teams in American football as well as other sports including soccer, basketball, volleyball and lacrosse. Founded in 2006, the company is based in Lincoln's historic Haymarket District. Initially the company sourced talent from the University of Nebraska–Lincoln, including the Jeffrey S. Raikes School; today the company has employees across a number of states in America and internationally, with office locations in London and Sydney. In August 2013, according to Inc. Magazine, Hudl was the 149th fastest growing private company in the United States, and the fastest-growing private company in Nebraska. Hudl was the fastest growing p ...
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Union Bank & Trust Company
Union Bank & Trust Company is a privately owned, state chartered commercial bank headquartered in Lincoln, Nebraska. The bank was founded on February 28, 1917, under the name ''Farmer's State Bank''. The name was changed to Union Bank in 1935, then to its current name in 1959 with the addition of trust powers. The bank was purchased by the Dunlap family of Nebraska, its current owners, in 1965. As of December 31, 2007, Union Bank had over $1.65 billion in bank assets,Federal Deposit Insurance Corporation (http://www.fdic.gov/deposit/index.html) over $9.25 billion in Trust assets under management, 15 branches in Lincoln, another 15 throughout Nebraska, and two in Kansas. Union Bank maintains relationships with several other companies, the most prominent being Nelnet. In 2018, UB&T was involved in a financial dispute with NASCAR race team BK Racing which saw the team being dissolved in bankruptcy court and a lawsuit over one of NASCAR's charters sold to Front Row Motorsports ...
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Lincoln, Nebraska
Lincoln is the capital city of the U.S. state of Nebraska and the county seat of Lancaster County. The city covers with a population of 292,657 in 2021. It is the second-most populous city in Nebraska and the 73rd-largest in the United States. The city is the economic and cultural anchor of a substantially larger metropolitan area in the southeastern part of the state called the Lincoln Metropolitan and Lincoln- Beatrice Combined Statistical Areas. The statistical area is home to 361,921 people, making it the 104th-largest combined statistical area in the United States. The city was founded in 1856 as the village of Lancaster on the wild salt marshes and arroyos of what was to become Lancaster County. Renamed after President Abraham Lincoln, it became Nebraska's state capital in 1869. The Bertram G. Goodhue–designed state capitol building was completed in 1932, and is the second tallest capitol in the United States. As the city is the seat of government for the state ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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EyeVerify
EyeVerify, Inc. is a biometric security technology company based in Kansas City, Missouri owned by Ant Group. Its chief product, Eyeprint ID, provides verification using eye veins and other micro-features in and around the eye. Images of the human eye are used to authenticate mobile device users. EyeVerify licenses its software for use in mobile banking applications, such as those offered by Tangerine Bank, NCR/Digital Insight and Wells Fargo. About EyeVerify is part of the Kansas City Crossroads neighborhood alongside several other tech companies. EyeVerify's flagship product is Eyeprint ID, a system that authenticates users by recognizing patterns of blood vessels visible in the sclera, the whites of the eyes, as well as other eye-based micro-features. An independent assessment by iBeta determined that Eyeprint ID meets the requirements for inclusion as a built-in subsystem in an Electronic Prescription of Controlled Substance (EPCS) Application. History Entrepreneur Tob ...
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Nebraska Attorney General
The Nebraska Attorney General is the chief law enforcement officer and lawyer for the U.S. state of Nebraska. List of attorneys general ;Parties Notes ReferencesAG Office document(cached) External links Nebraska Attorney Generalofficial website Nebraska Attorney Generalarticles at ''ABA Journal'' at FindLaw Nebraska Revised Statutesat Law.Justia.com U.S. Supreme Court Opinions - "Cases with title containing: State of Nebraska"at FindLaw Nebraska State Bar AssociationNebraska Attorney General Doug Peterson profileat National Association of Attorneys General The National Association of Attorneys General (NAAG) is a 501(c)(3) nonprofit organization of state and territory attorneys general in the United States. NAAG is governed by member attorneys general, with a president and executive committee se ... {{Nebraska statewide elected officials * ...
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