Scholarship and Financial Aid Scams 🎓
As the cost of college continues to rise, millions of Americans are struggling to make ends meet. More than half of Americans have student debt, according to the US Department of Education. The Biden Administration is taking a number of steps to reduce the burden of student debt. In the mist of all this, are the potential scams that come with it. As more money is available for people to request forgiveness, the greater potential of bad actors to gain personal information to use to get the money that is offered to these people. It is now more than ever, a crucial time to stay vigilant on who you are talking with and what information you are giving out. Financial aid scams are on the rise, according to the US Department of Education. If you’ve ever received a phone call from someone claiming to be from a college or university, you’ve probably been the victim of a scam. According to a new study, college students are falling victim to identity theft scams.
Employment Scams 🏫
Criminals are now making up new scams to gain information from students that are about to graduate by posing as potential employers. They are offering enticing job offers with great remote opportunities. They go so far as to do interviews with potential candidates and setting up emails. Ultimately, leading to the scam. Always ensure to do follow ups with the HR department of the company that is offering. Don’t rely on just emails that are sent directly to you.
Student Loan Debt Relief Scams 💰
The US Department of Education has issued a warning about a student loan debt collection scam that has defrauded hundreds of borrowers out of hundreds of thousands of dollars. If you have any questions about your student loans, you may want to talk to your loan officer. #Student #scams #LoanRelief #theITDGroup #Payson
