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Department of Education Collections

The U.S. Department of Education currently has responsibility for all federally-backed student loans that go into default through its Federal Student Aid unit. In addition to using extensive internal resources to rehabilitate some borrowers, FSA contracts with 22 private collection agencies to help recover the debt. FSA updates the performance of each collection agency in a comprehensive report every month.

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Government Contract Compliance Experts to Host Panel at Larger Market Participant Summit

WASHINGTON, District of Columbia – As the buzz around the insideARM 2016 Larger Market Participant Summit grows, conference registrants and those considering registering who have interests in government and higher education markets should consider the breakout session entitled Best Practices in Gov’t & Higher Ed Contracting Compliance: A New Era in “Getting it Right.” This session […]

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Consumer Advocates File Suit Against Dept. of ED for “Secret” Policies

The ACLU and the National Consumer Law Center (NCLC) filed suit yesterday in the US District Court in Massachusetts against the Department of ED under the Freedom of Information Act (FOIA), related to practices affecting student-borrowers. They want to see procedures manuals, which have only been provided with heavy redaction. The question is, why?

Opinion on Red Keyboard Button.

COHEAO: Private Collection Agencies Provide A Critical Service In Maintaining A Strong Federal Student Loan Program

Private collection agencies have played a critical role in sustaining the Federal Student Loan programs for the past 40 years.  Whether in support of the over 2,000 colleges and universities managing Federal Campus programs for their students, or the U.S. Department of Education and its guaranty agency partners, private collection agencies (PCAs) provide valuable assistance […]

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MyGovWatch.com Celebrates Freedom of Information Day with Free Promo

COLLINGSWOOD, N.J. –  MyGovWatch.com is celebrating today, National Freedom of Information Day in the United States, by offering a unique promotion to companies aspiring to win government contracts.  Any company not currently using the website but requesting a free trial and signing up before March 31st will receive three users for the price of one just […]