Here are FTC tips for student loan borrowers to ensure they don't fall victim to scams:
President Biden announced a plan to forgive up to $20,000 in federal student debt for borrowers who received a Pell Grant and up to $10,000 for those who didn't, under certain income limits.Here's what to know to avoid a student loan forgiveness scam.
to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims, the Federal Trade Commission warned on Friday.issued by the agency."And anybody who says they can — or tries to charge you — is a liar, and a scammer."
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