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4 Ways to Spot Student Loan Forgiveness Scams. Whether you have outstanding student loan debt from federal loans or private loans, here are warning signs to watch for from loan servicer companies ...
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 ...
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. ... Visit BBB.org to read business profiles and ...
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 Forbes and anti-spam/scam platform RoboKiller, Americans lost $5 billion to student loan fraud in 2022. Borrowers received 700 million student-loan-related robocalls every month last ...
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 ...
The Federal Trade Commission has announced it’s sending 27,584 checks to consumers victimized by student loan forgiveness scams—about $4.1 million in total.. The victims sent money to alleged ...
President Joe Biden announced the much-anticipated administration's plan for student loan forgiveness on Aug. 24. and the online application will soon be available. However, the administration is ...
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