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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. U.S. to reimburse more than $4.1 million lost to loan ...

    www.aol.com/finance/u-reimburse-more-4-1...

    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 ...

  4. Student loan statute of limitations: What to know about your ...

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

    Private student loans, on the other hand, have a statute of limitations of anywhere from three to 10 years. After this, they become time-barred. The exact time frame depends on your state of ...

  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. StudentLoanJustice.org - Wikipedia

    en.wikipedia.org/wiki/StudentLoanJustice.org

    StudentLoanJustice.org is a US grassroots organization founded in 2005 by Alan Collinge with the goal of reforming predatory lending practices in the American student loan industry. Purpose [ edit ] Specifically, the organization calls for the return of standard consumer protections to student loans, including bankruptcy protections and ...

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

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

    The FTC has received over 4,000 complaints related to student loan debt relief scams since last year. ... announced that over 22,000 borrowers will receive refunds from a $9 million settlement for ...

  8. 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, ... How to avoid student loan scams.

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

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

    “If you refinance federal student loans that are eligible for debt relief into a private loan, you will lose out on important benefits like one-time debt relief and flexible repayment plans for ...

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