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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DeVos to Assert that Only Department of ED, Not States, Can Regulate Student Loan Servicers
27 February 2018
17 Lawsuits Now Filed in Dept of ED Collection Contract, Chapter 2
21 February 2018
BREAKING: Department of ED Completes Corrective Action in Debt Collection Contract
11 January 2018
ED Takes Next Step in Development of NextGen Servicing System
19 December 2017
New Judge Takes Bold Action in Department of ED Collection Case
12 December 2017
A Sudden Christmas Present for Defaulted Student Loan Borrowers?
12 December 2017
Dept. of ED's 21st Century Student Loan Plans Will Require CFPB Action
30 November 2017
New Judge in Dept of ED Case Makes First Move
28 November 2017
New Judge Assigned to Dept. of ED Collection Case
21 November 2017
Judge Braden Denies Pending Motions in Dept. of ED Debt Collection Matter
1 November 2017
ED Meets Latest Response Deadline in Debt Collection Contract Case...Sort Of
23 October 2017
Nelnet to Acquire Great Lakes Educational Loan Services
20 October 2017
Could CFPB’s Data Sharing Principles Make Debt Collection Better Too?
19 October 2017
FTC and 11 States Announce Actions Against Student Loan Debt Relief Scams
16 October 2017
Latest Deadline Passes in Dept of ED Collection Case; Judge Sets New Deadline
12 October 2017
Department of Education RFP Wars – Episode 26
18 September 2017
Department of ED to CFPB: Thanks, We’ll Handle Oversight of Student Loan Servicers by Ourselves
5 September 2017
ED Updates Court on Debt Collection RFP Status; Requests Extension
29 August 2017
TCPA Student Loan Calls Case Dismissed – Court Determines TCPA Exception Applied
23 August 2017
ED Files Status Report on RFP Litigation; Planned Notice of Awards Date Seems in Doubt
8 August 2017