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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 ...
The Better Business Bureau encourages graduates to carefully research trustworthy sources related to federal repayment plans for student loans. Beware of scams promising to reduce student debt by ...
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.
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 ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
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 ...
Student loan debt has become a huge burden on recent college graduates, with figures from credit-reporting agency TransUnion showing that the average student loan balance approached $30,000 this year.
On Nov. 14, a federal appeals court issued a nationwide injunction temporarily blocking the loan relief program, which aims to cancel up to $20,000 in student debt per borrower. The ruling was ...
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