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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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Sallie Mae to Push Private Lending

28 December 2007

The Next Sub-Prime?

21 December 2007

Private Student Loans Could Graduate into Major New Debt Market

20 December 2007

Student Loan Defaults Rising

14 December 2007

Education Dept. Releases Regs on College Loans

2 November 2007

Study: Student Loan Default Rate Much Higher than Reported

24 October 2007

Sallie Mae Collection Revenue Down; Corporate Loss Reported

12 October 2007

Student Loans Unfazed by Subprime Mortgage Mess

9 October 2007

Moody?s Says ED Bill Will Impact Student Loans

2 October 2007

Sallie Mae Says Buyers Will Not Close Deal

27 September 2007

Sallie Mae Insists on $25 billion Buyout

20 September 2007

Select College Students Could See Loans Forgiven

13 September 2007

New Student Loan Bill Could Foul Sallie Mae Buyout

6 September 2007

Senators Go After Non-Profit Student Lender

25 July 2007

Sallie Mae ARM Revenue Flat in Q2; Debt Purchasing Exploding

17 July 2007

Sallie Mae Buyout Threatened by Student Loan Legislation

12 July 2007

Illinois to Sell $1.3 billion In Student Loans

28 June 2007

Sallie Mae?s $25 billion Takeover Clears Antitrust Hurdle

20 June 2007

Sen. Ted Kennedy Proposes Changes to Student Loan Industry

19 June 2007

NY AG Settles Student Loan Probe With Johns Hopkins University

15 June 2007

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