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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NCO-OSI Deal May Create Conflict of Interest in Student Loan Collections
28 April 2008
Usual Suspects Top ED Collection Contract for First Quarter
21 April 2008
ED to Extend Current Collection Contract for Only a Few
21 April 2008
U.S. House Rides to Rescue Debt-Laden Students
18 April 2008
Student Loans Drying Up, Dodd Warns
17 April 2008
Canada Could Reduce Student Loan Dismissal Time
16 April 2008
Mike's Take: The Challenge for Student Loan Collections: Thoughts from NCHELP
11 April 2008
The Education Resources Institute (TERI) Files for Chapter 11
9 April 2008
Like Books and Laptops, Credit Cards a Part of Campus Life
8 April 2008
NorthStar Suspends Federal Student Lending Programs
3 April 2008
Students Climbing Mountain of College Loan and Card Debt
2 April 2008
More Lenders Plan to Drop Private Student Loan Programs: Survey
27 March 2008
Federal Family Education Loan Lending Under Pressure
26 March 2008
Fed Officials Insist Student Loan Program Remains Strong
26 March 2008
ED Collection Contract Leaders Hold Serve in February
13 March 2008
Pioneer and Conserve Hold Down Top Spots in ED Contract for January
25 February 2008
Credit Crunch Hits State Education Loans; Michigan Suspends Program
20 February 2008
Sallie Mae to Grow ARM Unit Overseas as Promotions are Announced
15 February 2008
Up Front Costs Limit ED Contract Players
14 February 2008
Student Loan Market Enticing but Competition is Fierce
14 February 2008
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