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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 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 ...

  4. 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 ...

  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. A DMP is a three-to-five-year plan designed to help you exit debt sooner. You will make a monthly payment to the agency, which will pay your creditors. The agency may be able to negotiate lower ...

  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. How to Spot and Avoid Student Loan Forgiveness Scams - AOL

    www.aol.com/finance/spot-avoid-student-loan...

    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 ...