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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 ...
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 ...
Scroll down to the “My Loan Servicers” section. Or call the Federal Student Aid Information Center at 1-800-433-3243. Once you’ve identified your loan servicer, visit this page at studentaid ...
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 ...
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 ...
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 ...
With the resumption of student loan payments set for next month, robocalls scams are surging. An estimated 350,000 such calls were placed so far this month, CBS News reported. See: An Ancient Rule...
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