Tag Archives: Department of Education

State Regulators Ask Ed. Dept. To Rescind Guidance and Make it Easier to Investigate Student Loan Collectors

State regulators, including those that specifically regulate collection agencies, have asked the Department of Education to “cease obstructing or discouraging state regulation” by formally taking steps to prove it is serious about not blocking attempts from state regulators to access records needed to investigate student loan servicers and debt collectors. …

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DoE Announces Plan To Stop Using Private Collection Agencies

The Department of Education plans to stop assigning unpaid federal student loan debts to private collection agencies and will instead keep those accounts with the organizations that are servicing the loans, according to a published report. Attorneys for the Department “implored” a judge for the U.S. Court of Federal Claims …

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