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Does anyone know about this situation: I have a lot of old defaulted years and years ago federal loans and also I think some from small banks in the college town where I attended. But I also have one small balance from a Perkins loan, $1000, that is holding my transcripts hostsge.
When I call DOE I'm referred to debt collection, I think Debt Collection Management Services ? ?? And it's all seemingly lumped in together.
Why can't I pay the Perkins separately?
Perkins loans are different because that money is managed by the individual school, which is why this debt is preventing the release of your transcripts. That money is owed back to your school. Contact your school and ask them what you need to do to pay it off, the school may be willing to deal with you directly, or refer you to the collection agency if they've engaged one.