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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Dept. of Education Slashes Commissions for Private Debt Collection Contractors
19 March 2013
CFPB Proposes Rule to Supervise Nonbank Student Loan Servicers
18 March 2013
Account Control Technology San Angelo Office Contributes $2,118 to Regional Food Bank
13 March 2013
Debt Collector ConServe Adding 100 Jobs Over Next Year
11 March 2013
Number of Americans with Third Party Debt Collection Account Hits All-Time High
5 March 2013
Executive Change: Coast Professional Announces Promotion of Roxanne Baker to Chief Operating Officer
4 March 2013
Executive Change: Account Control Technology Promotes Lynn Heineman to SVP, Sales & Marketing
28 February 2013
Performant Awarded Department of Education Payment Recapture Contingency Contract
13 February 2013
ACA Teleseminar: Top 10 Misconceptions about Government/Student Loan Markets
12 February 2013
Private Student Loan Debt to be Dischargeable in Bankruptcy Under House Bill
7 February 2013
More Than Half of Student Loans in Deferment: TransUnion
31 January 2013
Account Control Technology to Expand to Dallas, Texas
30 January 2013
Full Results for ED Debt Collection Contract - Q4 2012
23 January 2013
Collection Agency Account Control Technology Acquires School Management Software Firm
23 January 2013
Public ARM Firm Performant to Offer More Shares; Gives Guidance on Q4 2012
22 January 2013
ED Releases Student Loan Debt Collection Contract Performance Report for 2012
14 January 2013
Consumer Credit Jumps in November; Cards Grow Slowly
9 January 2013
"Pay-As-You-Earn" Student Loan Program: Are You Ready for the Future?
20 December 2012
Account Control Technology Recognized as One of America's Top Job Creators
11 December 2012
House Bill Could Kill Private Student Loan Debt Collection
4 December 2012