President Biden announced a plan to forgive up to $20,000 in federal student debt for borrowers who received a Pell Grant and up to $10,000 for those who didn't, under certain income limits.Here's what to know to avoid a student loan forgiveness scam.
to forgive student debt for millions of borrowers — and criminals will likely leverage the news to steal from unsuspecting victims, the Federal Trade Commission warned on Friday.issued by the agency."And anybody who says they can — or tries to charge you — is a liar, and a scammer."
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What the Tech? Student Loan Forgiveness May Lead to Scams - Alabama NewsYou can bet scammers will use the new Student Loan Forgiveness Program to take money from people who are hoping to get their loans forgiven. whatthetech studentloans studentloanforgiveness alabamanewsnetwork
Source: ALNewsNetwork - 🏆 583. / 51 Read more »
Are Your Student Loans Eligible for the White House Forgiveness Plan? What We KnowWhat are usually just technical differences could now determine whether or not a borrower qualifies for President Biden's new and unprecedented plan to forgive hundreds of billions of dollars in federal student debt
Source: NBCNewYork - 🏆 270. / 63 Read more »
What If You Just Paid Off (Or Paid Down) Your Federal Student Loans?Student loan forgiveness in this situation is complicated, especially if you made payments after March 2020. There is no such thing as loan 'forgiveness.' It is a loan TRANSFER placed upon many Americans that weren't fortunate enough to go to college. Nelnet told me I wasn’t eligible for the pause, so I kept paying. Now they say I’m not eligible for the reimbursement…
Source: HuffPostParents - 🏆 414. / 53 Read more »
Biden student loan forgiveness plan is not enough, some borrowers sayStudents with debt that totals $50,000 or $100,000 say President Biden's loan forgiveness plan isn't enough. Where did these student go to school? Did they utilize community colleges and state schools like a lot of my family members did? Did they seek scholorship money? I’m sick of people complaining about their debt! If you borrow money, PAY IT BACK! Yes let's give the 'world owes me a living' generation MORE & screw the ones that actually worked their asses off to go to college w/o gov assistance This is peak channel 7.
Source: ABC7Chicago - 🏆 284. / 63 Read more »
What to do if you don't qualify for student loan forgivenessWhile President Biden's new student loan debt forgiveness plan doesn't apply to private student loan borrowers, there are still options for them to get some help. Totally insane and unfair bullshitt. Part of ongoing PsyOps why does this not apply to FFEL loans, they are backed by the gov't just older. why were some bought back by the govt and not others (like mine) and they get relief? I am so confused whose was picked and why? I did not even get covid interest releif And we'll wonder why inflation is still high.
Source: CBSNews - 🏆 87. / 68 Read more »
Biden announces student loan forgiveness: 8 things to knowPresident Biden announced a new student loan forgiveness plan for Americans on Wednesday. Thank God someone is doing something It's inflationary. Here's one. MY BODY MY CHOICE, YOUR STUDENT LOANS YOU CHOSE, YOUR DEBT TO PAY! NBC CBS MSNBC JoeBiden theview SpeakerPelosi ChuckSchumer HouseDemocrats SenateDems ewarren AOC YOURDEBTYOUPAY
Source: ABC - 🏆 471. / 51 Read more »