The Fed Cetera Network
The Fed Cetera Network was originally founded as a clearinghouse for small business subcontractors on U.S. Department of Education (ED) default student loan resolution contracts. Today’s Fed Cetera Network also serves the larger purpose of advocating for greater small business utilization on Federal default resolution contracts generally. Small businesses, including past and present network members, have:
- Helped millions of defaulted student loan borrowers move out of default and get on the road toward financial stability;
- Worked successfully since 2000, and have done the majority of default student loan resolution work since 2015;
- Paid thousands of American workers prevailing wages under the McNamara-O’Hara Service Contract Act in numerous Congressional districts all over the country; and,
- Increased the number and qualifications of HUBZone-certified and service-disabled, veteran-owned small businesses, two groups that historically have not received their share of prime contracts.
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