News

The latest news from Goal

Learn more about Goal Solutions and how we're building lasting relationships that get our clients results.

Goal Structured Solutions Expands into the Primary Servicing Market

November 8, 2018

Goal Structured Solutions, Inc. (GS2) is pleased to announce that it has acquired the assets of private student loan servicing company ReliaMax Lending Services, LLC and will now offer primary servicing under the newly incorporated company Launch Servicing.  The acquisition brings an additional $500MM under the management of GS2, a nationally recognized leader in the education finance industry. “This transaction is an exciting opportunity to continue our asset management growth and add value to clients by bringing them proven servicing expertise and reliability.  Over the past several years we have enhanced our platforms and invested in hiring top talent to…

Read More →

GS2 Awarded Best Places to Work for Fourth Consecutive Year

September 7, 2018

Goal Structured Solutions (GS2), an employee-owned and governed finance technology company, has been named one of the Best Places to Work by the San Diego Business Journal for the fourth consecutive year. The Best Places to Work awards program is designed to recognize outstanding companies whose benefits, policies and practices are among the best in San Diego. One hundred companies were selected through an extensive two-part assessment process that reviews workplace practices and employee survey results in order to rank companies based on topics such as leadership and corporate culture. Ken Ruggiero, Chairman and CEO, said “We’re honored to be…

Read More →

Goal Structured Solutions Loan Servicing Platform Enables $408M Securitization

July 18, 2018

May 30, 2018 | San Diego, CA — Goal Structured Solutions, Inc. (GS2) and its wholly owned subsidiary, Turnstile Capital Management, LLC, announced today that it will act as the Administrator and Master Servicer for the $408M student loan securitization by FirstKey Mortgage, LLC (“FirstKey”), a private-label securitization and asset-management firm. The Towd Point Asset Trust 2018-SL1 is the first private student loan asset-backed transaction sponsored by FirstKey.   The transaction was rated by DBRS Inc. and the notes received ratings from AAA to A and are backed by a pool of private student loans acquired from a large bank…

Read More →

More Risk, Less Reward? New Study Finds College Students Taking on More Financial Responsibility While Lacking Confidence in Value of Education

July 9, 2018

As thousands of college students finalize their financial aid plans for the coming year, a new nationwide survey by Ascent Student Loans has found that while the financial responsibility on students is greater than they expected, they don’t believe the value of a college education is keeping pace with the increasing price tag. Nearly half of students report they are now shouldering more responsibility for paying for college than originally anticipated – and in most cases are covering at least 50 percent of the total investment.  At the same time, more than half of students (51 percent) do not believe the value…

Read More →

Ken Ruggiero of Goal Structured Solutions, Inc. named Entrepreneur Of The Year® 2018 Award Finalist in San Diego

May 14, 2018

Ken Ruggiero, the Founder, Chairman and CEO of Goal Structured Solutions, Inc., was named a finalist for the Entrepreneur Of The Year® 2018 Award in San Diego. The awards program, founded and produced by EY, recognizes entrepreneurs who excel at innovation, financial performance and personal commitment to their businesses and communities. Now in its 32nd year, the program has expanded to recognize business leaders in more than 145 cities and more than 60 countries throughout the world. Ken was selected as a finalist by a panel of independent judges and recently said, “Entrepreneurship has been an important element of my…

Read More →

Goal Structured Solutions Loan Servicing Platform Enables $408M Securitization

May 8, 2018

Goal Structured Solutions, Inc. (GS2) and its wholly owned subsidiary, Turnstile Capital Management, LLC, announced today that it will act as the Administrator and Master Servicer for the $408M student loan securitization by FirstKey Mortgage, LLC (“FirstKey”), a private-label securitization and asset-management firm. The Towd Point Asset Trust 2018-SL1 is the first private student loan asset-backed transaction sponsored by FirstKey. The transaction was rated by DBRS Inc. and the notes received ratings from AAA to A and are backed by a pool of private student loans acquired from a large bank originator that was the original owner of the loans.…

Read More →

Goal Structured Solutions Sub-Servicing and Back-up Servicing Platform Support $105M Solar Securitization

May 3, 2018

Goal Structured Solutions, Inc., through a wholly owned subsidiary, will act as the Sub-Servicer and Back Up Servicer for the $105M residential solar loan securitization by Dividend Finance, LLC (Dividend), a leading specialty lender in the clean energy space. This marks Dividend’s second securitization and is the first “AA” rated solar backed security issued in the asset-backed market. The transaction, Dividend Solar Loan Backed Notes, Series 2018-1, included four classes of notes backed by a pool of mostly prime quality residential consumer solar loans and underlying solar energy systems. Kroll Bond Rating Agency’s ratings on the notes ranged from “AA” to…

Read More →

GS2 Named as One of the Best Places to Work for the Third Consecutive Year

October 19, 2017

Goal Structured Solutions, Inc. (“GS2”), an employee owned and governed education finance and asset management company, was honored at the San Diego Business Journal’s 11th Annual Best Places to Work Awards Ceremony for the third consecutive year. The Best Places to Work awards program is designed to recognize companies who positively impact the economy and business community of San Diego and companies from across the county entered the two-part assessment process. The overall registration and analysis was managed by Best Companies Group, who used combined scores based on a review of workplace practices and policies and employee survey results to…

Read More →

GS2 Pioneers Income-Based Repayment Models with $2 Million Loan Facility Leveraging Income Share Agreements

July 21, 2017

Goal Structured Solutions, Inc. (“GS2”) is pleased to announce that it has, in partnership with Make School, become the first lender to enhance cash flow opportunities for schools by leveraging Income Share Agreements (ISAs). GS2 recently closed a $2 million credit facility, enabling Make School students to fund their education debt free with ISAs.  This groundbreaking ISA collaboration creates transparency in higher education by aligning the cost of an education with students’ outcomes. As a forward-looking, income-based student financing option, ISAs help students fund their education based on a fixed percentage of their income for an agreed upon number of…

Read More →

New Ascent Student Loan Helps Those Who Need It Most: GS2 Introduces Ascent Independent & Enhances Options for Students

May 11, 2017

Goal Structured Solutions, Inc. (“GS2”) announces that students are now empowered to alleviate the unnecessary debt burden on their families with the next iteration of its Ascent Program for Funding Education (“Ascent”). Ascent Independent is a new student loan that considers more than a credit score and current income to give students greater opportunities to pay for school on their own, without a cosigner. To help make paying for school more affordable for students, GS2 also improved pricing and introduced fixed rates for both Ascent Independent and the existing Ascent Tuition student loans. Today’s announcement reflects GS2’s ongoing commitment to provide…

Read More →

GS2 Welcomes David K. McMullin as the Director of Business Development

March 1, 2017

Goal Structured Solutions, Inc. (“GS2”), an award-winning, employee-owned education finance asset management company, is pleased to announce the appointment of David K. McMullin as the Director of Business Development.  David joins GS2 with over 18 years of experience as a global business development executive.  He is a subject matter expert and authored commentaries and analysis on investment opportunities for major business publications such as USA Today, Los Angeles Times, Bloomberg.com and Rochester Democrat & Chronicle. Prior to joining GS2, David was the Managing Partner of WhiteSand Research, LLC, a financial services company that offers research and consulting solutions for Fortune 500…

Read More →

GS2 announced that on December 23, 2016 it closed two separate private asset-backed securitizations totaling $268,000,000

January 20, 2017

Goal Structured Solutions, Inc. (“GS2”), an employee owned education finance company, announced that on December 23, 2016 it closed two separate private asset-backed securitizations totaling $268 million initial principal amount of Private Credit Student Loan Backed Notes (collectively, the “Notes”). The Notes were issued by Goal Structured Solutions Trust 2016-A, a Delaware statutory trust (“2016-A”) and Goal Structured Solutions Trust 2016-B, a Delaware statutory trust (“2016-B”). Goal Structured Solutions, Inc. and its affiliates served as the Sponsor, Master Servicer and Administrator of both transactions. The Notes are secured by portfolios of private (non-Federal Family Education Loan Program) student loans. The…

Read More →

GS2 Chief Operating Officer, Matthew Myers, Selected to Moderate iiBig Online Marketplace Cloud Lending Summit & Expo in Las Vegas, NV

January 16, 2017

Goal Structured Solutions, Inc. (GS2) is proud to announce that their Chief Operating Officer, Matthew Myers, has been selected to moderate at the 2017 iiBig Online Marketplace Cloud Lending Summit & Expo in Las Vegas, NV.  Matt will moderate session A03, Student Loans & Other Consumer Lending in the Cloud, on Thursday, January 19, 2017 from 11:30 am – 12:15 pm (PST). In this session, Matthew will host a discussion on how industry leaders are viewing and dealing with changes to the political, regulatory and technology environments in the $1.3 trillion student loan market.  This is the second consecutive year…

Read More →

GS2 has been awarded a 2016 Top Workplaces honor by The San Diego Union Tribune

November 14, 2016

San Diego, CA –  Goal Structured Solutions, Inc. (“GS2”), an award-winning, employee-owned education finance asset management company, has been awarded a 2016 Top Workplaces honor by The San Diego Union-Tribune. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement. Several aspects of workplace culture were measured, including alignment, execution and connection, just to name a few. “The Top Workplaces award is not a popularity contest. And oftentimes, people assume it’s all about fancy perks and benefits.” says Doug…

Read More →

GS2 was honored at the San Diego Business Journal’s 10th Annual Best Places to Work Awards Ceremony for the Second Consecutive Year

September 9, 2016

San Diego, CA – Goal Structured Solutions, Inc. (“GS2”), an award-winning, employee-owned education finance asset management company, was honored at the San Diego Business Journal’s 10th Annual Best Places to Work Awards Ceremony in San Diego for the second consecutive year. The Best Places to Work awards program was designed to identify, recognize, and honor the best employers in San Diego, benefiting the county’s economy, workforce, and businesses. Companies from across San Diego County entered the two-part survey process to determine the Best Places to Work in San Diego. The first part consisted of evaluating each nominated company’s workplace policies,…

Read More →

GS2 is Proud to Serve as Platinum Sponsor at the 2016 iiBig Education, Finance & Loan Symposium in Washington, DC

May 20, 2016

San Diego, CA – iiBIG’s 8th Annual Education Finance & Loan Symposium, will take place in Washington, DC on May 19 – 20, 2016. This annual event has become known as the only conference of its kind to attract a 360-degree cross-section of all the key players in the education finance/student loan industry.

Read More →

Vemo Education Partners With Goal Structured Solutions (GS2)

March 17, 2016

RESTON, VIRGINIA (March 17, 2016) – Vemo Education, an education finance company working with U.S. colleges and universities to develop and service value-oriented, income-based student financing programs, confirmed today that Goal Structured Solutions (GS2) has acquired a minority ownership interest in the company.

Read More →

Goal Structured Solutions Named As One Of The “Best Places To Work” In San Diego In 2015

June 25, 2015

San Diego, CA – Goal Structured Solutions (“GS2”), a San Diego headquartered education finance company was recently named as one of the Best Places to Work in San Diego. The annual list of the Best Places to Work in San Diego was created by the San Diego Business Journal, Best Companies Group.

Read More →

GS2 Enables the FAQS International Student Loan Program at The University of Rochester’s William E. Simon Graduate School of Business Administration

August 2, 2012

San Diego, CA – Goal Structured Solutions (GS2) is pleased to announce that The FAQS Student Loan Program has recently added the University of Rochester’s Simon School of Business for the 2012/13 academic year – the second new school enrolled in the program in the last 45 days.

Read More →

GS2 Enables the FAQS International Student Loan Program at The University of Chicago’s Booth School of Business

July 31, 2012

San Diego, CA – Goal Structured Solutions (GS2) is pleased to announce that The FAQS Student Loan Program has recently added The University of Chicago – Booth School of Business for the 2012/13 academic year.

Read More →