BrightStar Welcomes Shelly Picinich as Its New Default Prevention Manager
BrightStar Education Group, Inc. (“BSEG” or the “Company”), a five college for-profit school group located just outside of Denver, CO announced today that it has promoted Shelly Picinich as its new Default Prevention Manager. As the DPM, Picinich brings years of Recovery, Default Prevention, and Financial Aid experience to the organization. By extension, her vast knowledge will now be directly translated into the collection and default prevention efforts dedicated to maintaining cohort default rates (CDR) within the standards established by the Company.
Picinich recently served as Director of Financial Aid at our Modesto, CA campus. In this role at the Institute of Technology, Picinich was directly responsible for Title IV financial aid packaging and bad debt.
Prior to Picinich’s time with the Modesto campus, she served as the director of finance for Kaplan College for 2 years. She was with Heald College at the campus & Corporate level for 9 years prior to that. Overall, Picinich has over 17 years of experience in finance & financial aid, including default prevention.
“Shelly’s vast industry experience and long list of accomplishments is impressive. To be able to leverage her industry knowledge on behalf of the entire company is a true strategic advantage for BrightStar. We expect our CDR to continue to improve as a result of this addition to our senior team. Promoting Shelly from within is an exciting example to all within our organization eager to advance within our fine company,” said Jim Haga, President and CEO of BrightStar Education Group, Inc.
Picinich had this to say about her ascension to her new position, “I am honored to have the opportunity to serve BrightStar as the Default Prevention Manager. The initiatives that have been developed are impressive and I look forward to implementing a successful program not only for the desired short term gains, but for long term success in managing our cohort default rates. Through our efforts we will create a stronger and more desirable environment for our students, graduates, employers and employees.”
This new role is responsible for implementing our default management/prevention strategy initiatives necessary to maintain a proper CDR. The Default Prevention Manager will collaborate with campus and corporate executive teams to develop and launch proactive measures and process changes.
Please join me in welcoming Shelly Picinich into her new role.
About BrightStar Education
BrightStar Education Group operates for-profit postsecondary education schools that provide quality Medical, Business, Technical, Culinary, Legal and other vocational curricula to over 2,800 students. Headquartered just outside of Denver, CO, BrightStar Education Group is pursuing a consolidation of its postsecondary education offerings. Starting with the acquisition of Institute of Technology, a leading for-profit postsecondary education company serving students at four campuses in northern and central California, BrightStar expanded into Oregon in 2010 with the acquisition of Valley Medical College in Salem, OR.