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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Pioneer and Conserve Hold Down Top Spots in ED Contract for January
25 February 2008
Credit Crunch Hits State Education Loans; Michigan Suspends Program
20 February 2008
Sallie Mae to Grow ARM Unit Overseas as Promotions are Announced
15 February 2008
Up Front Costs Limit ED Contract Players
14 February 2008
Student Loan Market Enticing but Competition is Fierce
14 February 2008
Sallie Mae Posts Big Gains in ARM Revenue for Quarter and Year
25 January 2008
Select ED Collectors Will Face Data Security Audit
24 January 2008
Could the Department of Education Teach the IRS About Collections?
23 January 2008
ED Update: 2008 Contract Stakes are Higher
23 January 2008
Sallie Mae to Cut 350 Jobs, with More Possibly Coming
22 January 2008
ED Snapshot: A Small Firm Prepares for the Big Time
22 January 2008
Live from ED: Contract a 'Different Kind of Collections'
22 January 2008
ED Collector ACT Outgrows Small Biz Slot
18 January 2008
Agencies Collect $3 Billion on ED Contract
17 January 2008
Pioneer and ACT Top ED Performers for Fourth Quarter
15 January 2008
Size of ED Portfolio Drawing Interest in Collector Conference
14 January 2008
Small Business Slots on ED Contract Up For Grabs
9 January 2008
Sallie Mae’s Shift in Focus
7 January 2008
Dept. of Ed. Gears Up for Collection Contract Conference
4 January 2008
Allied Interstate Top Dept of Ed Collector in November
3 January 2008
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