Officials say Lookout for Student Loan Payoff Scams

by Brian Wilson
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More than 400-thousand Iowans will have to resume paying off their student loan debt in October. Nathan Nash, an attorney with the Federal Trade Commission, warns scammers are hoping to capitalize.

Every U-S government website ends with dot-gov. Nash says the Federal Trade Commission recently stopped scammers claiming they could get student loans forgiven — for a fee.

The defendants in the recent student loan scam claimed be from the U-S Department of Education and falsely promised to lower or eliminate student loan payments.

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