Due to an uptick in student loan forgiveness scams, the FTC has sent more than $4.1 million in refunds to borrowers who lost money to scammers, according to the BBB.
SEATTLE — The Biden Administration announced Friday it will use existing student loan forgiveness programs to cancel another round of student debt, totaling $7.4 billion for 277,000 borrowers.
While borrowers await potentially having any debt wiped out - the Better Business Bureau encourages graduates to research trustworthy sources related to federal repayment plans before giving personal information.to borrowers who lost money to scammers, according to the BBB., to find out how student loan borrowers can avoid falling victim of scams.
It's important to keep your personal information private and never give it to an unsolicited source, according to the BBB. to stay up-to-date on news stories from across western Washington.
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