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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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Pioneer and Premiere Credit Top ED Contract Performance Race in July

20 August 2008

Executive Changes: Sallie Mae Announces Officer Promotions

15 August 2008

Montana State University Selects Collection Bureau Services for Collections

12 August 2008

CEC Extends Contract With Acxiom For Information Technology Management Services

7 August 2008

Sallie Mae to Close Debt Purchasing Business, Focus on Contingency Work in ARM

24 July 2008

ED Collectors Vying For Contract Extension on Q2 Performance Report

18 July 2008

New Program Allows Consumers to Pay Mortgage with Credit Cards

10 July 2008

Collection Agency Owner Faces 10 Years for Stealing from Client

7 July 2008

Some Stimulus Checks Going Straight to Creditors: USA Today

25 June 2008

ACS Becomes Primary Education Loan Servicing Provider for Student Loan Finance Corporation

25 June 2008

Battle for Second Brewing on ED Collection Contract

23 June 2008

EBureau and Datamark Form Partnership for Online Leads in Education Market

18 June 2008

ED Approves 26 Collection Agencies to Bid on Student Loan Collection Contract

4 June 2008

Sallie Mae will Continue Student Loans

23 May 2008

ED Collection Contract Leaders Break from the Pack in April

23 May 2008

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

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