Student Loan Forgiveness Scam

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Students across the country are racking up major debts to go to college. What makes it worse is companies are advertising services as ‘loan forgiveness’ when in actuality they are just giving meaningless advice for an out of pocket fee.

A company called ‘EDU Loan Servicing’ has been featured on scam watchdog websites as a reportedly unmistakable scam to get students out of debt for a large price. The federal government this year made an announcement that they would be forgiving over 300,000 loans to students nationwide, and this is particularly why scam websites like this are promoting these false advertisements.

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