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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Executive Change: Sallie Mae Names John Kane Senior Vice President, Collections

20 May 2008

ED Prepared to Become Student Lender of Last Resort

5 May 2008

County Executive Honors Collection Agency with "ConServe Day" after Top ED Contract Ranking

2 May 2008

House Passes Student Loan Bill to Ease Credit Limits

2 May 2008

SimpleTuition Adds Discover Student Loans

30 April 2008

NCO-OSI Deal May Create Conflict of Interest in Student Loan Collections

28 April 2008

Usual Suspects Top ED Collection Contract for First Quarter

21 April 2008

ED to Extend Current Collection Contract for Only a Few

21 April 2008

U.S. House Rides to Rescue Debt-Laden Students

18 April 2008

Student Loans Drying Up, Dodd Warns

17 April 2008

Canada Could Reduce Student Loan Dismissal Time

16 April 2008

Mike's Take: The Challenge for Student Loan Collections: Thoughts from NCHELP

11 April 2008

The Education Resources Institute (TERI) Files for Chapter 11

9 April 2008

Like Books and Laptops, Credit Cards a Part of Campus Life

8 April 2008

NorthStar Suspends Federal Student Lending Programs

3 April 2008

Students Climbing Mountain of College Loan and Card Debt

2 April 2008

More Lenders Plan to Drop Private Student Loan Programs: Survey

27 March 2008

Federal Family Education Loan Lending Under Pressure

26 March 2008

Fed Officials Insist Student Loan Program Remains Strong

26 March 2008

ED Collection Contract Leaders Hold Serve in February

13 March 2008