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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 ...
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 ...
Corinthian Colleges, Inc. (CCi) was a for-profit post-secondary education company in North America. Its subsidiaries offered career-oriented diploma and degree programs in health care, business, criminal justice, transportation technology and maintenance, construction trades, and information technology. [1] A remnant of the schools was owned by ...
Here are a few ways to spot a scam: - Being asked for log-in information: the FSA and loan providers will never ask you for these details. - Promises that are too good to be true: according to the ...
The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]
The American Rescue plan exempted student loan forgiveness from taxes through 2025, but not all states followed suit. Borrowers whose student loans were forgiven in 2023 may owe state taxes [Video ...
Jury selection for the KPMG tax shelter fraud trial began on 9 October 2007. However, on 18 October 2007, Judge Kaplan postponed indefinitely the trial set to begin in five days, discharging jurors he had already selected to hear the case, and removing Steven Bauer of Latham & Watkins, a lawyer for former KPMG executive John Larson. The ...
Student loan interest rates, repayment terms and account balances should remain the same on any existing accounts. For borrowers in need of assistance should contact the Federal Student Aid ...