Department of Education
The Education Department has been contracting with its collection vendors through the Special Item Number (SIN) 520-4 process for more than 15 years.  All parties interested in attending the meeting must register no later than January 17, 2008.

Federal, Institutional Loan and Accounts Receivable
Colleges and Universities have all taken a beating on their endowments in this economy. The pool of potential students is growing smaller due to unknown income earning potential after graduation. Also, student are more aware and sensitive to the high costs of education and the current debt burdens they will realize upon graduation. All of this pressure on institutions of higher education have create a brighter spotlight on the collection of unpaid loans and account receivables.

Guaranty Agency
Guaranty Agency collection and default aversion opportunities exist in a shrinking pool of participants in the FFEL program. A Guaranty Agency is first line of the collection effort after the default claim is paid to the lender. The are responsible for the collection effort for the first four years after default and some guaranty agencies rely on the collection effort for a majority revenue.

Lender Default Prevention and Private Loans
The private student loan market has grown exponentially over the last 15 years and portfolios are maturing an an alarming rate in this down economy. Lenders across the United States need collection agencies to help locate and collect on these private loans before and after default.

Intuitional Default Prevention
For-profit (Career) schools have historically been an exclusive market for these FFEL and FDSL Cohort Default Prevention and Management Programs. Over the past decade, however, more and more college students attending state universities and community colleges have borrowed from the student loan programs to pay for their educations. The default rates in this institutional sector has grown over the past decade and will continue to grow in this economy. More students are opting out of attending the higher priced public and private university and college so that they may obtain a college education from an adequate lower priced public institution.