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According to the report, 12% of the ads that appeared in Google searches for key terms around student loan forgiveness were scams. "Google's response was that these things aren't allowed," Tech ...
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Overall, his entities bilked borrowers out of $28 million. Also in August, the FTC shut down additional scams operations that falsely promised to reduce or eliminate student loan payments under ...
The scam may extend to the creation of Web sites for the bogus brand, which usually sounds similar to that of a respected loudspeaker company. They will often place an ad for the speakers in the "For sale" Classifieds of the local newspaper, at the exorbitant price, and then show the mark a copy of this ad to "verify" their worth. [citation needed]
Southwestern Advantage (formerly known as Southwestern Company), is an education material sales company based in Nashville, TN. The privately owned company recruits college and university students as independent contractors to sell educational books, apps, and website subscriptions door-to-door using direct selling methods.
In the United States, student loans are a form of financial aid intended to help students access higher education. In 2018, 70 percent of higher education graduates had used loans to cover some or all of their expenses. [ 1] With notable exceptions, student loans must be repaid, in contrast to other forms of financial aid such as scholarships ...
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According to the Consumer Financial Protection Bureau, outstanding student loan debt is almost $1.2 trillion, and 7 million borrowers are in default on their student loans. Scam artists attract ...