For many Americans, especially those who haven’t yet purchased a home, student loans are the biggest source of debt. It’s easy to understand why graduates would seek some immediate debt relief. While some student loan forgiveness programs are genuine, it’s important to watch out for student loan scams.
Student loan forgiveness is a popular topic of conversation and media coverage – especially with student loan payments put on hold during the height of the COVID-19 pandemic. The moratorium is scheduled to expire on Aug. 31, 2022, and student loan payments will resume.