FTC to send $4.1 million to over 27,000 borrowers defrauded by student loan forgiveness scams
Publishing timestamp: 2024-03-13 18:48:51
Summary
The FTC is refunding $4.1 million to consumers who fell victim to student debt forgiveness scams. Scammers tricked borrowers into paying upfront fees and pocketed their monthly payments. It's important to be cautious of companies offering to help with student debt and to be aware of red flags that indicate a potential scam.
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