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2. Beware of scams promising to reduce student debt by ... - AOL

   www.aol.com/beware-scams-promising-reduce...

   As of March 2024, the Biden administration has announced that over $6 billion of student loan debt will be forgiven for over 70,000 workers in the public service sector such as teachers. nurses ...

3. Watch out for student loan forgiveness scam attempts ... - AOL

   www.aol.com/finance/watch-student-loan...

   The agency has also stressed that there is no fee to apply for student debt forgiveness. Since the student loan announcement in August and Biden's October push to clamp down on fraud, the Federal ...

4. Student loan relief scams: Biden administration offers tips ...

   www.aol.com/finance/student-loan-relief-scams...

   The student debt relief initiative could benefit as many as 40 million Americans, the White House said in a statement, adding that it is taking “ongoing and expanded efforts across the ...

5. Public Service Loan Forgiveness - Wikipedia

   en.wikipedia.org/wiki/Public_Service_Loan...

   The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [ 1]

6. Student loans: Borrowers should beware of 'Biden loan ... - AOL

   www.aol.com/finance/student-loans-borrowers...

   Frere charged up to $800 in illegal upfront fees, required $100 to $1,200 in advance fees for enrollment in a "financial education" program, and monthly payments of up to $99 that were supposedly ...

7. Federal Direct Student Loan Program - Wikipedia

   en.wikipedia.org/wiki/Federal_Direct_Student...

   The William D. Ford Federal Direct Loan Program (also called FDLP, FDSLP, and Direct Loan Program) provides "low-interest loans for students and parents to help pay for the cost of a student's education after high school. The lender is the U.S. Department of Education ... rather than a bank or other financial institution." [ 1]

8. Educational Credit Management Corporation - Wikipedia

   en.wikipedia.org/wiki/Educational_Credit...

   Educational Credit Management Corporation ( ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education.

9. How to apply for student loan forgiveness – and scams to ...

   www.aol.com/apply-student-loan-forgiveness-scams...

   As of this year, Americans now owe $1.77 trillion in federal and private student loan debt and while the Biden administration tried to decrease that amount, the Supreme Court issued a decision ...