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

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

    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 ...

  4. 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 ...

  5. 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.

  6. 4 red flags that indicate you might be dealing with a student ...

    www.aol.com/4-red-flags-indicate-might-163346221...

    1. Student loan scammers may require you to pay up-front or monthly fees for help. If a supposed student relief company requires a fee before they actually do anything, that’s a huge red flag ...

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

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

    Since last year, the Federal Trade Commission (FTC) has received more than 4,000 complaints related to student loan debt relief scams. The number of complaints spiked last October when the loan ...

  8. Student loans in the United States - Wikipedia

    en.wikipedia.org/wiki/Student_loans_in_the...

    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 ...

  9. More student loan borrowers are getting relief through ... - AOL

    www.aol.com/news/more-student-loan-borrowers...

    Courtesy Cornell College. More student loan borrowers have successfully received debt relief through bankruptcy after the Biden administration implemented a new policy to make the process easier ...

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