Student Loan Collectors Being Looked at By Wall Street

Big private equity firms are exploring investing in or outright acquiring student loan collection agencies as the market for student loans grows super fast.

The report specifically cited the Carlyle Group as a potential suitor for one of the 23 collection agencies currently working on the Department of Education’s (ED) student loan debt collection contract.

When Wall Street moves in you know the market is huge. That means student loan defaults are on the rise.

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About defaultprevention

Default Prevention Specialist since 1998.
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