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Education Dept. awards debt-collection contract to company with ties to DeVos

Performant Financial Corp. was one of two firms selected Thursday by the U.S. Department of Education to help the agency collect overdue student loans. The deal with could be worth hundreds of millions of dollars......»»

Category: topSource: washpostJan 12th, 2018

Performant"s stock rockets after winning contract to collect on defaulted federal student loans

Shares of Performant Financial Corp. rocketed 39% in active morning trade Friday, after the company said it won a new contract to provide collection services on defaulted federal student loans. Volume topped 1 million sha.....»»

Category: topSource: marketwatchJan 12th, 2018

Hospitals find collecting debt pays better than curing ills

Angelia Fowler was surprised to learn that the debt-collection agency she says is ruining her life is owned by the hospital company that saved it......»»

Category: topSource: moneycentralDec 18th, 2017

Hospitals find collecting debt pays better than curing ills

Angelia Fowler was surprised to learn that the debt-collection agency she says is ruining her life is owned by the hospital company that saved it......»»

Category: topSource: moneycentralDec 18th, 2017

Capitol Report: Senate strikes amendment from tax bill that would have benefited college with ties to Betsy DeVos

An amendment to the tax bill that would have benefited a conservative liberal arts college in Michigan with ties to education secretary Betsy DeVos was struck down after a push by Democrats......»»

Category: topSource: marketwatchDec 2nd, 2017

Capitol Report: Senate strikes amendment from tax bill that would have benefited Betsy DeVos’s alma mater

An amendment to the tax bill that would have benefited a conservative liberal arts college in Michigan with ties to education secretary Betsy DeVos was struck down after a push by Democrats......»»

Category: topSource: marketwatchDec 2nd, 2017

MBTA awards $723M contract to modernize fare collection

MBTA riders may soon bid farewell to their CharlieCards......»»

Category: topSource: foxnewsNov 20th, 2017

Greater Cincinnati school district fires contractor

The Forest Hills School District has terminated its contract with a construction company handling renovations to its buildings, WKRC reports. The district’s board of education voted Friday to fire Performance Construction after it failed to cor.....»»

Category: topSource: bizjournalsNov 14th, 2017

Investigators Probe Kushner Company Over Allegations of Vermin-Infested Properties and Aggressive Debt Collection

Reports exposed the alleged "poor upkeep" of Maryland properties owned by Kushner Companies......»»

Category: topSource: newsweekOct 30th, 2017

AP sources: Education Dept. could scale back help on loans

The Education Department is considering only partially forgiving federal loans for students defrauded by for-profit colleges, according to department officials, abandoning the Obama administration's policy of erasing that debt......»»

Category: topSource: foxnewsOct 30th, 2017

IRS suspends contract with Equifax after malware discovered

Tax agency faces mounting pressure to cut ties with credit reporting company following latest security flaw.....»»

Category: topSource: moneycentralOct 13th, 2017

DeVos Abandons Plan to Allow One Company to Service Federal Student Loans

After an outcry from senators and consumer advocates, the education secretary has scrapped a plan to hand a single vendor control over collecting loan payments......»»

Category: dealsSource: nytAug 2nd, 2017

How Devos" delay of the Borrower"s Defense Rule affects N.C.

Thousands of North Carolina students hoping for clarity on student debt forgiveness could be in the dark indefinitely as state attorneys general and the U.S. Department of Education battle over a delayed borrower's protection regulation......»»

Category: topSource: bizjournalsJul 11th, 2017

18 States Sue Betsy DeVos And Education Dept. Over Delay Of Borrower Defense Rule

The rule was created to protect students from the fallout from abuses and failures by for-profit colleges. A new court filing says that the Education Department's delay of the r.....»»

Category: topSource: nprJul 6th, 2017

Ensco - Dutch Company NAM Awards 5-Month Drilling Contract For The Ensco 122

Ensco - Dutch Company NAM Awards 5-Month Drilling Contract For The Ensco 122.....»»

Category: topSource: seekingalphaJun 28th, 2017

IRS private debt collectors accused of pressuring taxpayers, breaking the law

In response to complaints about how private debt collectors are handling taxpayer accounts, four Senators have sent a letter Pioneer Credit Recovery, one of the companies which has a debt collection contract with the Internal Revenue Service......»»

Category: topSource: moneycentralJun 26th, 2017

IRS private debt collectors accused of pressuring taxpayers, breaking the law

In response to complaints about how private debt collectors are handling taxpayer accounts, four Senators have sent a letter Pioneer Credit Recovery, one of the companies which has a debt collection contract with the Internal Revenue Service......»»

Category: topSource: moneycentralJun 26th, 2017

Student loan servicer fights back as states eye protections

A company that hopes to become the nation's single servicer of student loans under a plan backed by U.S. Education Secretary Betsy DeVos is lobbying against licensing efforts in Maine and elsewhere this year......»»

Category: topSource: foxnewsJun 20th, 2017

Gorsuch has unanimous first opinion for Supreme Court

Justice Neil Gorsuch has issued his first Supreme Court opinion, a unanimous decision in favor a company involved in a debt collection dispute......»»

Category: topSource: foxnewsJun 12th, 2017

Education Dept. Keeps Obama Plan to Streamline Loan System

The department, led by Education Secretary Betsy DeVos, will carry out an Obama-era plan to streamline the federal system for administering $1.3 trillion in student loans......»»

Category: dealsSource: nytMay 19th, 2017

Government to switch to 1 student debt servicing company

The Education Department has announced it will move servicing of $1.3 trillion in federal student loans to a single provider......»»

Category: topSource: foxnewsMay 19th, 2017