5 ways Biden aims to protect student-loan borrowers from scams as the application for debt relief becomes live

Scams are not new to the student-loan industry. For years, fraudulent phone calls, emails, and texts have attempted to trick borrowers into giving money to a scammer under the guise of a credible loan servicer. While the Federal Trade Commission (FTC) has taken steps to prevent those scams, stakes are especially high for millions of borrowers right…

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