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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ED Collector Premiere Credit Adding 300 Jobs

13 November 2008

ConServe Named to Rochester?s Top 100 List

5 November 2008

USA Funds Outlines Options for Student Loan Payment Relief

5 November 2008

Sallie Mae ARM Unit Posts Loss, Sells UK Debt Buying Operation

29 October 2008

End of Quarter ED Collection Results Offer No Surprises

21 October 2008

USA Funds Supports $17.2 Billion in Student Loans

15 October 2008

Private Student Loans Hard to Get in Credit Crunch

13 October 2008

LINK Financial Launches Brand Dedicated to Student Loan Servicing

10 October 2008

ED Collection Contract Award Pushed Back Again

7 October 2008

SoundBite Helps Student Loan Industry Improve Response Rates From Borrowers

2 October 2008

Cost of Living, Not Debt, is the Biggest Issue Facing Young Adults

25 September 2008

Executive Change: Dean Richardson to ACT as Director of Client Services

24 September 2008

Executive Change: Sallie Mae Names New Chief Credit and Lending Officers

23 September 2008

ED to Delay New Collection Contract Award Announcement

17 September 2008

Pioneer Credit and Premiere Credit Top ED Collection Contract in August

16 September 2008

USA Funds Prevents $20 Billion in Loan Defaults

15 September 2008

Increased College Student Credit Card Debt Causing Financial Straits for Graduating Students: Report

15 September 2008

Student Loans, Low Entry Level Salaries Put New Grads on a Shaky Path

8 September 2008

Montana State University Selects The Affiliated Group for Collection Services

3 September 2008

Executive Change: Melody Robins Joins Account Control Technology Sales Team

21 August 2008