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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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NY Times: Sallie Mae in Talks to Go Private; Potential $20 billion Deal

13 April 2007

Sallie Mae Settles with NY AG in Student Loan Probe; to Pay $2 million

12 April 2007

College Officials Owned Stock in Student Loan Lenders

6 April 2007

Settlement Reached in New York Student Loan Probe

3 April 2007

Sallie Mae Comes Under Pressure from Both Parties

27 March 2007

New York AG Going After Student Loan Providers

16 March 2007

ConServe Continues to Succeed on U.S. Department of Education Contract

12 March 2007

Sallie Mae Announces Officer Promotions

9 March 2007

Sallie Mae Unveils Private Loan for Community College Students

5 March 2007

Sallie Mae Unveils Comprehensive Suite of Loan Products for Dental Students

21 February 2007

Governor Celebrates Sallie Mae's Debt Management Call Center Success

21 February 2007

Two Government Collection Contract Wins Make Local News

21 February 2007

Financial Aid Administrators Call on Congress to Support the FFELP

9 February 2007

College Loan Fight Looms in Congress for Banks

29 January 2007

Sallie Mae CEO Sends Open Letter to Student Loan Consumers

25 January 2007

House Votes to Halve Student Loan Interest Rates

18 January 2007

Salie Mae Revenue from Collections Near $250 million for Year

18 January 2007

Pioneer Credit and Sallie Mae Fund Donate Nearly $200,000 to Charity

22 December 2006

General Revenue Corporation Celebrates 25th Anniversary

8 December 2006

State AG Weighs in on State Student Loan Portfolio Sale

8 December 2006

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