The Biden administration is taking new steps to help protect borrowers from scams in the days before Americans can begin to apply for student loan forgiveness.
Officials announced “ongoing and expanded efforts across the administration to combat scams and misinformation” on Wednesday, including “educating borrowers about how to protect themselves against scams and accelerating efforts to share scam complaints with states.”
In August, President Joe Biden announced his decision to cancel up to $10,000 in student loan debt for individuals making less than $125,000 a year or as much as $20,000 for eligible borrowers who are also Pell Grant recipients. The application process is set
This story was originally published on CNN.com. To read the rest of this news worthy story, please visit https://www.cnn.com/2022/10/05/politics/white-house-student-loan-borrowers-scam/index.html.
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