March 4, 2015
Last Friday, the Department of Education made a huge announcement that it’s cutting contracts with five private companies it had hired as debt collectors on defaulted student loans. For years, Jobs With Justice has worked closely with our allies, including the Student Labor Action Project, US Student Association, and the… Read More»
Tags: American Federation of Teachers, debtors, Department of Education, Navient, Pioneer Credit Recovery, Sallie Mae, Secretary Arne Duncan, student debt, Student Labor Action Project, student loan, Treasury Department, U.S. Treasury Department, Undersecretary Ted Mitchell, US Student Association
November 18, 2014
In an important step forward, as reported in Huffington Post, the U.S. Treasury Department will create a pilot program to serve as the debt collector on federal student loans, a function currently performed by private contractors. As soon as early 2015, the Treasury Department could task federal employees with helping… Read More»
Tags: debt collector, Department of Education, Education Department, Elon University, federal student loans, Government Accountability Office, Huffington Post, National Consumer Law Center, Pounding Student Loan Borrowers: The Heavy Costs of the Government's Partnership with Debt Collection Agencies, private contractors, Sarah Raskin Bloom, student loan, student loan servicer, Treasury Department, University of Michigan
