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 Completes Acquisition of Upromise
12 September 2006
Gary Williams Named Chairman of ACA International Foundation
12 September 2006
Nelnet Asked to Return Alleged Overpayments on Student Loans
12 September 2006
Student Loan Company Loses Customer Data Tape
12 September 2006
Scots debt collectors reclaim more than £5m of student loans
12 September 2006
Study Tracks Student Use of Credit Cards
12 September 2006
Sallie Mae 'Does Not Seek Monopoly'
12 September 2006
Ottawa Farming Out Bad Student Loans to Agencies
12 September 2006
Opinion: Sallie Mae's student loan practices unfair
12 September 2006
Basics, Not Luxuries, Blamed for High Debt
12 September 2006
Audit slams student loan oversight agency
12 September 2006
Department of Education to Disallow In-School Student Loan Consolidations
12 September 2006
Tax Incentives OK'd for New Sallie Mae Debt Collection Center
12 September 2006
Collection Agency President Convicted of Student-loan Fraud
12 September 2006
NASFAA, Partners Award Training Grants to Katrina States
12 September 2006
EFT Network Applies to Expand Fed Forward Service
12 September 2006
JP Morgan Chase to Purchase Collegiate Funding Services for $633 million
12 September 2006
Collegiate Solutions Enters the Student Loan Market
12 September 2006
Dep of Ed Honors Top Collectors
12 September 2006
Sallie Mae Wins Award for Family Friendly Policies and Benefits
12 September 2006
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