News

On January 8, Senior Vice President of Government Services, Dave Galeotti, announced that West Asset Management was awarded the 2009 Department of Education (ED) Collections contract.  As one of 17 companies nationwide that earned the lucrative Unrestricted Pool contract, West Asset Management continues its successful partnership with the public sector.

The Government Division currently collects and manages defaulted student loans for the 2004 ED contract and has continued to achieve high ratings under ED’s Competitive Performance and Continuous Surveillance (CPCS) ranking system. While the contract award is a companywide team effort, the Government Division offices in Marietta, GA, Warsaw, NY, Fredericksburg, VA, and Mobile, AL deserve specific accolades for this accomplishment.
   
In addition to resolving defaulted student loans with direct payments, Recovery Specialists (collectors) will assist borrowers with Rehabilitation Loans and account resolution.  The West Asset Management Human Resources team is currently seeking top talent in student loan collections for new job opportunities at all of our Government Division locations.