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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CFPB, ED Sued for Failure to Oversee Student Loan Servicers
26 November 2019
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Senators Demand CFPB Review Payment Processing Errors at Student Loan Servicer, Denials of Loan Forgiveness
30 October 2019
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A. Wayne Johnson Resigns from Dept of ED, Suggests All Student Loans Should Be Canceled
24 October 2019
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Lively Debt Collection Debate Likely in House Fin. Servs. Committee Hearing Tomorrow
25 September 2019
CFPB Appoints Private Student Loan Ombudsma
19 August 2019
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No Unilateral Revocation of Bargained-For Consent, Says S.D. Florida in Student Loan TCPA Case
3 June 2019
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White House Issues Executive Order on Collection of Defaulted Federal Student Loans
27 March 2019
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iA Video Series: Ironing Out the Irony of ED's NextGen Strategy
27 March 2019
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Twin Bills To Alleviate Cost of Higher Education and Student Debt Introduced in House and Senate
11 March 2019
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Navient’s $2.5M TCPA Settlement Finalized
11 February 2019
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ED Cancels Latest Phase of NextGen Procurement; Expert Reaction with Randy Kamm
10 January 2019
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FTC Settles With Two Student Loan Debt Relief Companies Over Illegal Upfront Fees and False Promises
10 December 2018
Student Debt Front and Center at Consumer Federation of America Conference
6 December 2018
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Federal Law Preempts DC Licensing Requirements for Certain Types of Federal Student Loans, According to District of DC
6 December 2018
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Former BCFP Student Loan Ombudsman Launches Student Borrower Protection Center
29 November 2018
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DeVos Speech Warns of Student Debt Crisis, Addresses Issues with Federal Student Aid Program
28 November 2018
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New York Fed Report Shows Decline in Collection Accounts... Or Does It?
20 November 2018
Report Shows Profile of Borrowers Who are Likely to Default on Student Loan Debt
2 October 2018
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Federal SBA Mentoring Program Teleseminar to Feature SDVOSBs / HUBZone Protégé Options
19 September 2018
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Dept. of ED: Why Proceed With a Procurement for Services that are Going the Way of the Dodo?
13 September 2018
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