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  2. While it investigated the overpayment issue, the SBA paused the loan forgiveness process for 53,000 loans. Kabbage could only resume the forgiveness process for those loans in October 2021, after ...

  3. Student Loan Debt-Relief Scammer Ordered to Pay Back ... - AOL

    www.aol.com/student-loan-debt-relief-scammer...

    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...

  4. How to apply for student loan forgiveness – and scams to ...

    www.aol.com/apply-student-loan-forgiveness-scams...

    • Income-contingent Repayment loan (ICR) - The lesser of the following: 20 per cent of your discretionary income or what you would pay on a repayment plan with a fixed payment over the course of ...

  5. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/.../Public_Service_Loan_Forgiveness

    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.

  6. Watch out for student loan forgiveness scam attempts ... - AOL

    www.aol.com/finance/watch-student-loan...

    "Hey, it's Elizabeth with Student Advisors," a warm, professional voice began in a voicemail left on Sept. 13, weeks after the Biden administration announced it would be offering up to $20,000 in ...

  7. Student Borrower Protection Center - Wikipedia

    en.wikipedia.org/wiki/Student_Borrower...

    In 2018, the group joined the American Federation of Teachers to launch an investigation into the failure of the Public Service Loan Forgiveness program. [15] Over the course of three years, Student Borrower Protection Center supported litigation by teachers and uncovered evidence of government mismanagement and industry abuses across the student loan system, including evidence that Public ...

  8. Corinthian Colleges - Wikipedia

    en.wikipedia.org/wiki/Corinthian_Colleges

    Loan forgiveness. On June 1, 2022, the U.S. Department of Education announced it would forgive $5.8 billion in federal student loans made to Corinthian College students between 1995 and 2015, which forgiveness would impact 560,000 borrowers and would be the single largest discharge of student loans in history according to the department. [53 ...

  9. PPP program was awash in fraud. Now, one lender may ... - AOL

    www.aol.com/news/ppp-program-awash-fraud-now...

    Unforgiven loans. Potential fraud isn’t the only issue with Kabbage’s PPP performance. The Herald previously reported on the struggles to obtain forgiveness faced by many small business owners ...

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