Prior to joining GCO ELF, Mr. McCarty was
Senior Vice President of Loan Operations for First Marblehead Corporation in
Boston, MA, a financial services firm that supports the private student loan
market. In that role he provided senior leadership in all areas of the
life cycle of private student loans. Prior to First Marblehead Mr. Mc Carty was
also Senior Vice President of TERI, a not-for-profit guarantor of private
student loans whose operating assets were acquired by First Marblehead in
2001. He has more than fourteen years of diverse experience in providing
student loan financial services.
He received a Bachelor of Arts Degree from
Boston College. He will join Bob Culnane in GCO ELF's Boston Office.
GCO ELF is developing a non-federally supported student loan program to augment
its product offering and better service the needs of financial institutions,
schools, marketing entities and students. It is anticipated that these
loan programs will be available in the fall of 2005.