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Student loan complaints are shared across federal and state agencies using the Federal Trade Commission's Consumer Sentinel Network, which connects about 3,000 federal, state, local and ...
Since last year, the Federal Trade Commission (FTC) has received more than 4,000 complaints related to student loan debt relief scams. The number of complaints spiked last October when the loan ...
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In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
Southwestern Advantage. Southwestern Advantage (formerly known as Southwestern Company), is an education material sales company based in Nashville, TN. The privately owned company recruits college and university students as independent contractors to sell educational books, apps, and website subscriptions door-to-door using direct selling methods.
An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [1] [2] If a victim makes the payment, the ...
According to the Consumer Financial Protection Bureau, outstanding student loan debt is almost $1.2 trillion, and 7 million borrowers are in default on their student loans. Scam artists attract ...
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