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Due to the uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers. ... The application will be free and easy to use ...
Student Loan Consolidation Scams The Texas Office of the Attorney General plainly states, “If a company charges you money upfront to consolidate your federal student loans, it is a scam.”
"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 ...
For premium support please call: 800-290-4726 more ways to reach us. Sign in. ... “If you refinance federal student loans that are eligible for debt relief into a private loan, you will lose out ...
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 program replaced the earlier Federal Family Education Loan (FFEL) program which issued "guaranteed loans" — loans originated and funded by private lenders but guaranteed by the government. The FFEL program was eliminated because of a perception that it benefited private student loan companies at the expense of taxpayers, but did not help ...
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