Anxious about your student loan debt? Beware of offers that are too good to be true
The current state of student loans is confusing.
Some loan payments are still on hold due to pandemic-era policies, some (private student loans) never stopped requiring payment.
Many are watching with bated breath as the Supreme Court deliberates the fate of the trillions of dollars of federal student loan debt. Will a large amount of it be forgiven, as President Biden promised? And when will repayments begin for whatever balances remain?
Where borrowers face uncertainty and worry, others see opportunity — enter student loan scammers.
These swindlers seize upon fears about the mountains of debt that millions of Americans face by dressing up scams as quick and easy fixes.
"People have been stressed out about paying their bills, and that creates a captive audience," said Suzanne Martindale, senior deputy commissioner of California's Department of Financial Protection and Innovation,
