A quick course about student loan scams
Confusion surrounding current events about student loan forgiveness (or anything else financial) always creates a fertile environment for scammers hoping to rip off those that are uninformed. The President has continued the pause on student loan payments until August 31 of this year. Some are advocating for more student loan forgiveness as well. The talk about changes in government policy on this subject has prompted new scams to come to light. Better Business Bureaus (BBB) across the country are reporting an uptick in the number of people encountering student loan scams, especially since the graduation season is upon us. Here is your BBB’s look at what you should watch out for.