Education Dep’t rehires debt collectors fired for misleading consumers

As UPI reports:

Coast Professional and National Recoveries were among the five private collection agencies terminated in February 2015 after they made "materially inaccurate representations" to borrowers in default, the Education Department said. But in the final few months of 2015, Coast Professional was given an additional $863.5 million worth of student loans, and National Recoveries added $679.8 million for collections.

Here's the story.

Leave a Reply

Your email address will not be published. Required fields are marked *