Biden announced a student debt relief program Wednesday, Aug. 24, and Iowa officials are already warning against potential scams.
DES MOINES, Iowa — The Iowa Attorney General’s Office and the Better Business Bureau Serving Greater Iowa are warning Iowans to watch out for scams relating to student loan forgiveness.
This week an alert warning Iowans to be aware of potential scams was posted on the Iowa Attorney General’s Office Facebook page, reading in part:
“Criminals have been known to use times of change and uncertainty to their advantage. Iowans must be on the lookout for these scammers and know the signs to avoid their deceptions.”
Biden announced a student debt relief program Wednesday, Aug. 24, which promises up to $10,000 in loan cancellation for many Americans.
While the program’s details are still being figured out, Iowa organizations are emphasizing the need for caution in the meantime.
“We’re trying to be proactive and warn consumers and student loan borrowers that scammers are out there and they can use this as an opportunity to get your personal and financial information,” said Ashlee Kieler, an AG…
