CEANNATE Corp., a BPO firm focused on the education sector, has established a Board of Advisors with expertise in higher education, policy development and finance. Former Secretary of Education Margaret Spellings will serve as its Chairperson.
Navient (Nasdaq:NAVI), the nation’s leading loan management, servicing and asset recovery company, announced last week that it has acquired Gila LLC. The Austin, Texas-based asset recovery and business process outsourcing firm focuses on the state and local government market, serving more than 600 clients in 39 states.
As if the U.S. Department of Education’s private collection agency (PCA) contract procurement process hasn’t been outrageous enough already, Friday’s afterhours announcement that it has terminated its relationship with five of its most prominent debt collection agencies puts it completely over the top.
The U.S. Department of Education announced late Friday that it would “wind down” its relationship with five private collection agencies on its student loan debt collection contract that ED says were providing inaccurate information to borrowers regarding rehabilitations.
Due to the continuation of an ongoing procurement by the U.S. Department of Education (ED) for Private Collection Agencies (PCAs), Fed Cetera is pleased to announce it is holding a free teleseminar, Federal Subcontracting Opportunity Update, scheduled for Wednesday, March 11, 2014, at 12 noon EST.
Today, Coast Professional, Inc. (Coast) announced the promotion of Roxanne Baker to President of the organization and Board Member of the Board of Directors.
Student loan debt collector and guarantor ECMC Group Tuesday completed its acquisition of much of the campus network formerly owned by for-profit operator Corinthian Colleges. The controversial deal, announced late last year, will go forward with a number of concessions and restrictions announced today by the CFPB.
Account Control Technology, Inc. (ACT), a national leader in delivering debt management and recovery solutions, is pleased to announce its partnership with Student Account Management Services, LLC (SAMS 360), a premier student loan default aversion company serving colleges, universities and private lenders – as well as their borrowers. The partnership will enable ACT to offer its many education clients a comprehensive default prevention and cohort default rate management program.
The Department of Education will likely be delayed for several more months in announcing the winners of its debt collection contracts for larger companies. The procurement process in the Unrestricted category has been slowed by protests and amendments to the contract.
Account Control Technology, Inc. (ACT), a national leader in delivering debt management and recovery solutions, is pleased to announce that Michael Matkowsky has joined the company as Regional Account Executive.