Debt collectors work with universities, colleges and private lenders to collect student loans. For education loans backed by the federal government, the U.S. Department of Education has a clearly-defined collection program that uses private collection agencies. Recent changes in federal law will shift all previously federally backed loans to direct loans from the federal government, cutting private lenders out of the equation.
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insideARM Weekly Recap – Week of October 28th, 2024
4 November 2024
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CFPB Bites of the Month - September 2024 - Wake Me Up When September Ends, CFPB
29 October 2024
insideARM Weekly Recap - Week of September 23rd, 2024
30 September 2024
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Hudson Cook Enforcement Alert: Nonbank Student Loan Servicer Agrees to a CFPB-Imposed Ban and to Pay $120 Million
24 September 2024
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insideARM Weekly Recap – Week of July 15th, 2024
22 July 2024
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CFPB Bites of the Month: The CFPB and the Dust of June
18 July 2024
CFPB Releases Supervisory Highlights Focusing on Debt Collection and Loan Servicing Practices
9 July 2024
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insideARM Weekly Recap – Week of June 3rd, 2024
10 June 2024
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CFPB Publishes Consumer Response Annual Report
18 April 2024
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CFPB Reports on Student Borrowers’ Experiences During Return to Loan Repayment
19 February 2024
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CFPB, States Sue Company Over Deceptive Student Lending and Collection
26 July 2023
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CFPB Report Finds Some Financial Institutions and Colleges May Be Steering Students to More Expensive Financial Products
25 October 2022
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CFPB Focuses on Student Loans — Especially Those Made by Schools — in Latest Supervisory Highlights
17 October 2022
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California Publishes Notice of Proposed Rulemaking Regulating Student Loan Servicing
15 September 2022
CFPB Enters into Consent Order with Student Loan Servicer to Settle Alleged UDAAP Violations in Connection with FFELP Loans
18 April 2022
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Federal Student Loan Repayment Paused Additional 90 Days
3 January 2022
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The End of an Era: ED Officially Ends all Collection Agency Contracts; Recalls Accounts
9 November 2021
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California DFPI Enters Groundbreaking Consent Order with NY-Based Income Share Agreements Servicer
9 August 2021
CFPB and FTC Each Issue Fines/Penalties Against Debt Settlement Companies
24 May 2021
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California Joins 11 Other States Seeking an End to Adversarial Relationship With Department of Education
11 March 2021
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