July 2013 Blog Posts (1)

At the Department of Education, Lack of Objectively Implemented Debt Validation Standards Breeds Extortion

The U.S. Department of Education receives and takes the possession of many student loans. According to the Department of Education representative, the Department of Education operates under the premise that the previous debt holder’s records are correct, until the alleged debtor provides “persuasive evidence that the previous holder’s report was wrong.”

So, when the Department of Education receives records from a guaranty agency, these records are assumed to…

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Added by Thomas Eklund on July 13, 2013 at 10:30pm — No Comments

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