President Joe Biden’s effort to sell millions of Americans on paying down their college loans is struggling to keep up with a group wielding a powerful megaphone: social media stars.
“We’re hearing from people that there’s just a lot of confusion and they don’t really know where to go for help,” said Andrew Weber, the founder of MyCreditCounselor, who regularly posts videos on TikTok about student loans. “That opens the door for misinformation or these debt relief scammers.
master’s degree in public health. “It sort of feels like, to me personally and to a lot of my peers, that we’ve just been left high and dry.” helped her to understand the administration’s SAVE plan before she enrolled. Before the Supreme Court tossed Biden’s loan forgiveness program, many borrowers were not as interested in searching for repayment options because they were hopeful sweeping relief was on the way.