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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Nelnet Receives Letter From Department of Ed Over Loan Payments

8 December 2006

Missouri Student Loan Agency Still Wrestling With Portfolio Sale

12 September 2006

Education Department Awards Student Aid Contract

12 September 2006

Feds Fixing Glitch in Student Loan Data Breach

12 September 2006

Student Loans and Statutes of Limitations

12 September 2006

Sallie Mae Completes Acquisition of Upromise

12 September 2006

Gary Williams Named Chairman of ACA International Foundation

12 September 2006

Nelnet Asked to Return Alleged Overpayments on Student Loans

12 September 2006

Student Loan Company Loses Customer Data Tape

12 September 2006

Scots debt collectors reclaim more than £5m of student loans

12 September 2006

Study Tracks Student Use of Credit Cards

12 September 2006

Sallie Mae 'Does Not Seek Monopoly'

12 September 2006

Ottawa Farming Out Bad Student Loans to Agencies

12 September 2006

Opinion: Sallie Mae's student loan practices unfair

12 September 2006

Basics, Not Luxuries, Blamed for High Debt

12 September 2006

Audit slams student loan oversight agency

12 September 2006

Department of Education to Disallow In-School Student Loan Consolidations

12 September 2006

Tax Incentives OK'd for New Sallie Mae Debt Collection Center

12 September 2006

Collection Agency President Convicted of Student-loan Fraud

12 September 2006

NASFAA, Partners Award Training Grants to Katrina States

12 September 2006