Federal Goverment news and trends

Government Pays $1B A Year On Student Loan Debt Collectors

May 22, 2017
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Government Pays $1B A Year On Student Loan Debt Collectors

May 22, 2017
Over the last few years, the federal government has spent $1 billion a year to pay debt collectors to help struggling borrowers out of their student loan debt and find money to make regular monthly payments. Based on new government data, however, the efforts may have been a waste of cash. According to a report in […]