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More than 27,000 are set to receive checks from the federal government in the wake of a 2019 Federal Trade Commission lawsuit.
The FTC has received over 4,000 complaints related to student loan debt relief scams since last year. ... There is never a fee for any federal student loan discharge or forgiveness program.
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 ...
The Federal Trade Commission said it is sending thousands of checks totaling more than $822,000 to borrowers who lost money in a student loan debt-relief scam that operated under the name Student...
So far, the adminisrtation has canceled $153 billion in student loan debt for nearly 4.3 million people, including another $7.4 billion i n forgiveness on April 12, just in time for tax day.
According to Forbes and anti-spam/scam platform RoboKiller, Americans lost $5 billion to student loan fraud in 2022. Borrowers received 700 million student-loan-related robocalls every month last ...
On Monday, President Joe Biden formally announced the opening of the federal student debt cancellation application, following a "beta" test of the process over the weekend which had drawn in 8 ...
With President Biden announcing new student loan debt relief policy this week, a "perfect storm" for scam artists to target people with fraudulent offers concerning said benefits has been created ...