NCHER Creates Infographic to Help Struggling Borrowers Avoid Scams When Repaying Federal Student Loans
In response to the continuing stories of illegitimate companies taking advantage of and preying on federal student loan borrowers, NCHER has created an easy-to-understand infographic, which offers simple tips that borrowers can use to identify potential scams and avoid them when repaying their federal student loans. The infographic shares four points that will help keep borrowers safe: 1) Notice fake government seals and logos; 2) Never pay for help; 3) Keep your Federal Student Aid ID private; and 4) Fast student loan forgiveness does not exist. The infographic also includes phone numbers and websites for legitimate student loan assistance and urges borrowers to contact the Federal Trade Commission with information about scams. Download Infographic PDF.