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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Sallie Mae Posts Big Gains in ARM Revenue for Quarter and Year

25 January 2008

Select ED Collectors Will Face Data Security Audit

24 January 2008

Could the Department of Education Teach the IRS About Collections?

23 January 2008

ED Update: 2008 Contract Stakes are Higher

23 January 2008

Sallie Mae to Cut 350 Jobs, with More Possibly Coming

22 January 2008

ED Snapshot: A Small Firm Prepares for the Big Time

22 January 2008

Live from ED: Contract a 'Different Kind of Collections'

22 January 2008

ED Collector ACT Outgrows Small Biz Slot

18 January 2008

Agencies Collect $3 Billion on ED Contract

17 January 2008

Pioneer and ACT Top ED Performers for Fourth Quarter

15 January 2008

Size of ED Portfolio Drawing Interest in Collector Conference

14 January 2008

Small Business Slots on ED Contract Up For Grabs

9 January 2008

Sallie Mae’s Shift in Focus

7 January 2008

Dept. of Ed. Gears Up for Collection Contract Conference

4 January 2008

Allied Interstate Top Dept of Ed Collector in November

3 January 2008

Sallie Mae to Push Private Lending

28 December 2007

The Next Sub-Prime?

21 December 2007

Private Student Loans Could Graduate into Major New Debt Market

20 December 2007

Student Loan Defaults Rising

14 December 2007

Education Dept. Releases Regs on College Loans

2 November 2007