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How to avoid student loan scams. Getting a bunch of texts, emails and calls about student loan forgiveness? ... And text messages from the FSA will only come from 227722 or 51592.
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 ...
The student debt relief initiative could benefit as many as 40 million Americans, the White House said in a statement, adding that it is taking “ongoing and expanded efforts across the ...
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.
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 ...
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 ...
In August, the FTC and the Department of Justice (DOJ) announced that over 22,000 borrowers will receive refunds from a $9 million settlement for the Ameritech Financial student loan debt relief ...
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 ...