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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 ...
Student Loan Forgiveness: 10 Expenses To Cut From Your Budget When Payments Resume ... Student Loan Negotiation Scam. Between debt elimination and debt consolidation is debt negotiation. For many ...
More than 27,000 are set to receive checks from the federal government in the wake of a 2019 Federal Trade Commission lawsuit.
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 ...
The Pennsylvania Higher Education Assistance Agency (PHEAA) cautions borrowers to be alert for financial aid scams that could expose them to identity theft and significant financial loss. Scammers ...
A process known as the borrower defense to repayment allows borrowers with federal student loans to apply for debt cancellation if they believe their schools defrauded them. If approved, the ...
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 ...