Tag: scams

With the end of a six-month grace period approaching for recent graduates, authorities are warning of a surge in student loan scams. Scammers often pose as legitimate companies with names like “Student Aid Center,” promising quick loan forgiveness for upfront fees—a tactic federal agencies caution against. To avoid these scams, borrowers should never pay upfront fees, be wary of promises of instant forgiveness, and apply directly for federal repayment or forgiveness programs through the Education Department’s Student Aid office. Options like income-driven