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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Rohit Chopra Moves to a Bigger Student Loan Stage, at the Department of Education
15 January 2016
Virtuoso Opens WOSB Status to PCA Scrutiny for ED Solicitation
12 January 2016
BFrame Enhances Department of Education Student Loan Rehabilitation Software
7 January 2016
The Department of ED RFP – ARM Companies are in Scramble Mode
6 January 2016
Senators Are Wrong to Urge ED Not to Allow Collectors to Use Autodialer
23 December 2015
SDB/HUBZone Firm to Offer Training Services to PCAs
23 December 2015
Disabled Veteran Corey Gabler Open for PCA Business Through Steel River Systems
17 December 2015
Finally – New Developments in the ED Debt Collection Services RFP
14 December 2015
$95.5 Million Settlement In Second Instance of Massive For-Profit Student Loan Forgiveness This Year
17 November 2015
Performant Earnings Announcement Hits Three Hot Topics
5 November 2015
Collectors Calling on Federal Debt May Now Use ATDS to Dial Cell Phones?
5 November 2015
Department of Education Announces New Student Loan Regulations
29 October 2015
The Effect of Switching from a Brunner to a Totality Test for Student Loan Bankruptcy
28 October 2015
Suze Orman on Today Advises Against Income-Based Student Loan Repayment Plans
25 September 2015
Study Highlights Federal Student Loan Counseling Best Practices; Is There a Business Opportunity for Collectors?
22 September 2015
Disadvantaged Higher Ed Entrepreneur Achieves Federal HUBZone Certification
17 September 2015
Dept. of Education PCA Program Still a Driver of Small Business Growth
21 August 2015
COHEAO Asks Your Assistance To Extend Perkins Loan Program
20 August 2015
Performant Financial Corporation Q2 Revenue Down 28%; Expects ED Announcement in September
6 August 2015
2nd CFPB Enforcement Action This Week Involving Debt Collection, Now Against Discover Bank
22 July 2015