Scammers are targeting US Student Loan Debt Relief applicants, FBI warns


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Scammers are probably going to try and use the Federal Student Aid debt relief program to trick students into giving away their identity data, payment information, or even money. This is the warning given out by the Federal Bureau of Investigation (FBI) earlier this week, as the relief program kicked off.

Federal Student Aid is a program designed to help students, by wiping some of their student debt off. It was announced this summer and kicked off with applications this Monday. Students with income below $125,000 (or $250,000 if jointly applying) can apply and have anywhere between $10,000 and $20,000 wiped off from their credit.

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