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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. Luckily, the U.S. Department of Education has ...
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, the Supreme Court issued a decision ...
Student loan forgiveness scams are still out there. Make sure you don’t fall prey with these 4 ways to spot and avoid scammers. This was originally published on The Penny Hoarder, which helps ...
It's not been a great start to the summer for student loan borrowers - millions of whom were banking on the Biden administration's plan to relieve their federal debt by up to $20,000 ...
Many scams attempt to imitate government services in order to gain access to your personal and financial information. Others pretend to offer help to vulnerable individuals with solutions to their...
Overall, his entities bilked borrowers out of $28 million. Also in August, the FTC shut down additional scams operations that falsely promised to reduce or eliminate student loan payments under ...
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 ...
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 ...