Oregon Attorney General Ellen Rosenblum is issuing a new warning about student loan scams. Unfortunately, scams are popping up in the aftermath of the exciting recent changes to federal student loan programs, like the White House’s recent announcement on loan forgiveness, the federal student loan payment pause that ends December 31, 2022, and the limited waiver opportunity for the Public Service Loan Forgiveness (PSLF) program.
To stay safe, here are some important tips: Oregonians should ignore phone calls, emails, social media messages, and other unsolicited messages from anyone claiming that they can help you get your student loans forgiven faster or telling you that you should refinance your loan. Don’t accept these unexpected offers without checking first to see if the offer is legitimate. The chances are it is not! Scammers may use phrases such as a “pre-enrollment for all loan forgiveness” or “you must apply within the next 24 hours.” Don’t fall for it!
“You don’t need to pay anybody to sign up for the new loan forgiveness program — or the payment pause. Nobody can get you in early, help you jump the line, or guarantee eligibility. Anybody who says they can or tries to charge you money, is a scammer,” said Attorney General Rosenblum.
The average Oregon student borrower owes over $36,091 by the time they graduate. Combined, Oregonians have more than $18.9 billion dollars in student loan debt. As to the Public Service…
