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Americans Anxiously Wait To Apply For Student Loan Forgiveness, But Scammers Are Taking Advantage

October 31, 2022 admin Comments Off
President Biden unveiled his $400 billion Student Loan Forgiveness Plan back in August, but the plan has seen a sluggish rollout, creating a perfect storm for scammers. NBC News’ Steve Patterson speaks with Kevin Roundy, who has been studying these scams, including false ads online. He advises borrowers to never give out their personal information like FSA logins, credit card numbers and birthdates. Experts say the only safe place is the official studentaid.gov, where applications are now live.

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Student Debt Modifications

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Copyright © 2010, Student Debt Modifications all rights reserved. Student Debt Modifications is not a lender or directly associated with the Department of Education. We are a document processing company that assists borrowers in understanding their student debt forgiveness options and match them into Government assisted relief and consolidation programs. There is a fee for our services that is determined upon the initial consultation that is at no charge to you. We do not accept all cases. Also, we encourage those with student debt to apply for free at the Department of Education website or to consult a financial professional before making any final decisions.