Collection Agency to Add 400 Jobs on Dept of Ed Contract Win

WATERLOO, IA – A local debt recovery agency has landed a major federal contract, and will be adding 400 workers over the next 18 months.


The CBE Group Inc. was awarded a student loan collection contract from the U.S. Department of Education. CBE will be one of several private collection agencies to recover debts owed on government student loans, such as those through the Perkins Loan Program.

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