Turn your written-off student debt into recovered cash.

Your defaulted institutional student loans are sitting on your books worth almost nothing. We buy them. You recover real dollars on assets you were about to write off to zero, and your former students get a humane path out instead of a collections cycle.

14.7%

3-year default rate at for-profit colleges (6.39% at private nonprofits)

~$0

net return on a defaulted institutional loan once it is written off, the gap we close

$7.1B

left across the legacy Perkins program alone (2.3M borrowers). Schools have always held this paper.

Every class leaves behind a slice of borrowers who default. The traditional path is a collection agency that recovers pennies slowly, attaches your institution's name to aggressive tactics, and still ends with most of the balance written off to zero. There is a better option.

How it works

You identify the portfolio. Your eligible defaulted, non-federal institutional student loans, the paper you are about to write off.
We evaluate and purchase it. You receive an agreed lump sum now, real recovery on assets that were heading to zero.
We rehabilitate the borrowers. We work to move them into a manageable fixed-rate loan through our licensed lending partner. Recovery for you, a genuine path forward for them.

Why this beats a collection agency

Traditional collections

Pennies recovered, slowly, over years
Your name on aggressive collection tactics
Former students harassed, alumni goodwill burned
Most of the balance still written off to zero

GradMerge portfolio purchase

A lump-sum recovery now, not a trickle
No collection headache, you are done at sale
Borrowers offered a real refinance, treated with dignity
Your reputation and alumni relationships protected

What you recover

Cash today for paper worth almost nothing tomorrow.

You set the portfolio, we price it, and you convert a write-off into a recovery, with zero collection effort on your end and your institution's reputation kept intact.

What is eligible

Non-federal institutional and private student loans your institution holds. Federal loans, including Perkins, are not eligible. Final scope and pricing are set in the purchase agreement, and your finance office and counsel review every term.

Built on trust

Borrowers are treated under applicable consumer-protection law and offered a genuine refinance, not a shakedown. GradMerge is not a lender; refinancing is handled by our licensed partner, Alt Lending LLC (NMLS #2571325). Your portfolio data is handled securely and confidentially throughout.

Let us evaluate your portfolio

A quick, no-obligation look at what your defaulted institutional debt could recover.

gradmerge.com | 844.230.7457 | info@gradmerge.com

GradMerge facilitates the purchase and resolution of eligible non-federal student loan portfolios in partnership with licensed entities. GradMerge is not a lender; loans are originated by Alt Lending LLC (NMLS #2571325). This is not an offer to purchase any specific portfolio; all purchases are subject to evaluation, applicable law, and a definitive agreement. Statistics shown are from public sources and are estimates for context. This summary is informational only. Alt Lending, LLC (NMLS #2571325).