Debt Buying Government Student Loans 
Collection Industry News
MARCH 30, 2025
The debt collection agencies market is segmented by agency type into First-Party Agencies, Third-Party Agencies, and Sale Of Debts; by debt type into Bad Debt and Early Out Debt; and by application into Financial Services, Healthcare, Student Loans, Government, Retail, Telecom and Utility, Mortgage, and Other Applications.
Troutman Sanders
OCTOBER 11, 2021
Department of Education announced the establishment of an Office of Enforcement within Federal Student Aid (FSA). According to the announcement, the new office will “strengthen oversight of and enforcement actions against postsecondary schools that participate in the federal student loan, grant, and work-study programs.”
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Troutman Sanders
JUNE 21, 2023
million to consumers harmed by Arete Financial Group, a student loan debt relief operation that tricked consumers into making illegal upfront payments by pretending to be affiliated with the U.S. Department of Education and falsely promising student loan debt relief.
Collection Industry News
OCTOBER 6, 2020
It primarily had the CARES Act to thank: The bill delivered hundreds of billions of dollars worth of stimulus checks and bulked-up unemployment benefits to Americans, while easing pressures on them by halting foreclosures, evictions and student loan payments. Debt-buying executives couldn’t help marveling at their good fortune.
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