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Help Your Students Avoid Potential Scams

May 16, 2018

Students have plenty of options when it comes to paying for college. Unfortunately, the need for financial aid fuels predators looking to scam potential borrowers.

To help students better understand how to identify scams, the U.S. Department of Education (ED) provides an online guide. This web page contains a glossary of student aid terms, details on ways to get FREE help with student loan payments, and answers to a variety of questions, including:

  • What are student loan debt relief companies?
  • How do I identify a student loan scam?
  • What do I do if I’ve already shared my information or paid one of these student loan debt relief companies?
  • Are there legitimate private companies that ED works with?

This guide, which emphasizes that borrowers NEVER have to pay for help with their student loans, is a valuable resource for every potential student borrower.

Check it out and share it with your students.

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