In 2023, Ferguson’s office sued three out-of-state debt adjusters, who are now required to fully reimburse 495 students $359,832.
In total his office has helped 2,652 Washington students help with 35 debt adjusters, resulting in payments averaging nearly $800 per student. “It is a chaotic time for millions of borrowers as student loan repayments resume after more than three years,” Ferguson said. “My office is committed to protecting Washingtonians from companies that take advantage of consumers who are simply trying to manage their debt.”to the Attorney General’s Office Consumer Protection Division.