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- Promises that are too good to be true: according to the FSA, most government forgiveness programs require years of qualifying payments and/or employment in certain fields before forgiving loans.
Also in August, the FTC shut down additional scams operations that falsely promised to reduce or eliminate student loan payments under "Biden Loan Forgiveness," even though the president’s up to ...
Consumers can apply for loan deferments, forbearance, repayment, and forgiveness, or discharge programs directly through the U.S. Department of Education or their loan servicer at no cost and do ...
Most government forgiveness programs require many years of qualifying payments or employment in certain fields before your loans can be forgiven. Be wary of anyone promising immediate results. 3.
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 ...
To say the staggering student loan debt is a crisis is an understatement. It impacts almost 43 million people, according to the Department of Education, and scammers are taking advantage of the ...