Beware: New Scam Aimed at Student Borrowers
Leadership in Washington will soon change, and, unfortunately, some third-party companies are attempting to profit because of it.
Recently, a third-party debt relief company, claiming to be the Department of Education, has been leaving voicemail messages for student borrowers claiming that they must act immediately to qualify for student loan forgiveness before the program is eliminated. A transcript of the voicemail follows.
This message is from the Department of Education. In regards to Donald Trump becoming President, all programs for student loan forgiveness will be stopped immediately as soon as he takes office in January. In order for you to qualify, you must apply within the next 24 hours or you will not be able to have your student loan payment reduced. Please contact us at 888.307.0680. The number again is 888.307.3680. Once again you must get enrolled within the next 24 hours.
Please be aware that these calls do not originate from the Department of Education. We appreciate you making your student borrowers aware of this scam.