"The cash crunch associated with the restart of student loan payments — and seasonal school spending — creates favorable conditions for a flood of scams. Students are warned to be wary of any phone calls, texts or emails that trigger a sense of panic or urgency — and demand cash or personal information right now," The Detroit Free Press reports.

... "Many student debt relief scams create a false sense of urgency, implying that you need to move quickly if you want financial help, according to an alert from National Association of Student Financial Aid Administrators."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 9/20/2023