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Everything You Need to Know About Student Loan Scams


In Featured Student Loan Refinancing OptionsLendKey

As the cost of attending college has increased, so has the amount of debt that students take on to finance their education. In fact, it’s starting to reach astronomical levels. According to the Federal Reserve, the amount of outstanding student loan debt reached $1.56 trillion as of the third quarter of 2018. This staggering amount of debt leaves prospective and current students, as well as recent college graduates, financially insecure and vulnerable. Unfortunately, some people are trying to take advantage of that vulnerability by running student loan scams. Typically done over the phone or online, scammers prey on people’s desire …