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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Phoenix Financial Services selects Ontario Systems Collection Software and Contact Savvy to Power New Agency
28 March 2014
Account Control Technology Expands Services, Hires Michael Magarrell as VP of Strategic Accounts
26 March 2014
Gov't Report Faults Oversight of ED Debt Collection Program
14 March 2014
Student Loans: The Next Big Thing for the Collection Industry?
7 March 2014
Private vs. Federal Student Loans: Different Rules, Different Collection Strategies
6 March 2014
ConServe Announces "Matching Gift Program" for Charitable Efforts
6 March 2014
Third Party Debt Collection Accounts and Balances Rise in Q4
21 February 2014
Performant Financial Corporation Appoints New Independent Director
7 February 2014
NCS Wins Award for Federal Collection Subcontracting Performance
6 February 2014
State of the Union Tackles Student Loan Debt, and Little Else in ARM
29 January 2014
Sallie Mae Braces for $70 Million Hit from CFPB, Federal Regulators
21 January 2014
ConServe Supports Local Charities Over the Holiday Season
7 January 2014
New York Times Investigative Report Focuses on Student Loan Guaranty Agency
2 January 2014
Why Everyone Keeps Talking About Student Loans
19 December 2013
Asset Classes Attracting the Most Consumer Complaints
5 December 2013
Federal Financial Regulator to Oversee Student Loan Servicers
3 December 2013
Website Announces Free Trial Promo for Student Loan & Government Contracts
3 December 2013
New Performance Award Announced for ED Student Loan Debt Collection Subcontractors
27 November 2013
Number of Third Party Debt Collection Accounts Plummets, But Balances Rise
15 November 2013
Delta Management Associates Expands with New Office in Phoenix
11 November 2013