Student loan borrowers were targets for scams before the coronavirus pandemic hit. The longer people struggle, the more desperate they become, and that’s when scammers and fraudsters thrive. “They’re using the same playbook, but more aggressively,” says Seth Frotman, executive director of the Student Borrower Protection Center, a Washington, D.C.-based nonprofit. There’s no single scam … Continued
If you’re waiting until the last minute to make a decision about college, you’re in good company — colleges are scrambling, too. Here’s a sample of what some schools are considering: Boston University plans in-person instruction. The California State University system will go remote. Columbia University will offer three semesters to “de-densify” its campus. Kent … Continued
In response to the spread of the coronavirus and its impact on the U.S. economy, the federal government took steps to help Americans get through the next several months on a lower income. If you have federal student loans, you don’t have to make payments until September 30, 2020. The Coronavirus Aid Relief, and Economic Security … Continued