Millions of student-loan borrowers risk facing debt collectors who were penalized for 'misleading' behavior

Private companies Pioneer Credit Recovery and Transworld Systems, previously penalized for misleading student-loan collection practices, may resume collecting defaulted loans under a Trump-era transfer to the Treasury Department. This move could increase collection fees and repayment challenges for over 10 million borrowers in default or delinquency, as concerns about predatory tactics resurface.