Key Coverage

Taxpayers Fund $454,000 Pay for Collector Chasing Student Loans

How’s this for a startling opening sentence: “Joshua Mandelman made $454,000 in a single year as a student-loan debt collector — more than twice the pay of the U.S. secretary of education.” The article offers a revealing look at “guaranty agencies,” a little-covered part of the higher education beat that can contribute significantly to costs.