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Scams come in different forms, so it’s best to take extra caution. Here are a few ways to spot a scam: - Being asked for log-in information: the FSA and loan providers will never ask you for ...
According to the report, 12% of the ads that appeared in Google searches for key terms around student loan forgiveness were scams. "Google's response was that these things aren't allowed," Tech ...
Due to the uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers. ... If you have been a victim of a suspected scam ...
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]
Despite these scams, student loan forgiveness is offered by the DOE for certain individuals. More information can be found on the department website. How scammers try to con student loan borrowers.
"Hey, it's Elizabeth with Student Advisors," a warm, professional voice began in a voicemail left on Sept. 13, weeks after the Biden administration announced it would be offering up to $20,000 in ...
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
More than 46 million Americans share $1.75 trillion in U.S. student loan debt, according to the Federal Trade Commission. For many of us, the idea of cutting down our massive student loan debt at ...