Tag: student

If you’ve defaulted on a federal student loan, chances are you’ll hear from a debt collector.

Debt collectors must obey the law when trying to find people who owe money. One student loan debt collector — GC Services, LP — failed to follow...

If you’re paying back your federal student loans, you might be interested in online ads saying things like, “Erase Default Statuses in 4–6 Weeks!” or – for the next few weeks – “Obama Wants to Forgive Your Student Loans!” Erasing default and loan...

The FTC offers free materials to help people understand money issues. So when teachers from across the country meet annually to improve their own financial literacy, and increase their ability to teach personal finance in school, we’re ready to...

Are you a former ITT Tech student trying to plan your next steps? You’re not alone. Thousands of former students have questions about the status of their student loans and the future of their education.

As you consider what to do next,...

If you’re a high school or college student or parent, it’s important to know that beginning this year, the Free Application for Federal Student Aid (FAFSA) filing season for the 2017-18 academic year launches Oct. 1. This is a new timeline that...

Do you have a lot of student debt? Wish it would disappear? You’re not alone. Scammers know that people are struggling with debt. They’re targeting borrowers with phony student loan debt relief schemes that can make things worse.

Today the...

On the heels of the FTC’s List of Banned Debt Collectors comes the sequel: The FTC’s List of Banned Mortgage Relief and Debt Relief Companies and People. Why would someone be banned? Well, here’s the story.

Debt relief is any program or...

Imposters posing as IRS agents are trying to trick college students into paying a “federal student tax” – a tax that doesn’t even exist. 

Students from many colleges are telling the FTC that the calls go something like this: the so-called...

Are you struggling to pay off your student loans? Debt relief companies will say they can help reduce your monthly payment or get your loans forgiven. But after you pay, you might be worse off. You don’t get the promised help — or your money...

Are you a former student of DeVry University — or of any other college — who’s heard from a company that’s promising to get your loans forgiven after you pay them a fee?

We have an important piece of advice: don’t do it. It’s never a good...

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