The FBI is warning that cyber criminals and scammers could start targeting former students who are seeking debt relief under US president Joe Biden’s student loan forgiveness program.
Under the Student Loan Debt Relief Plan (2022 SDRP) for individuals with incomes below $125,000, or joint filers with incomes below $250,000, the United States Department of Education will provide “targeted student debt cancellation to borrowers” with loans held by the US Department of Education.
The scam the FBI is warning about involves cyber criminals and fraudsters purporting to provide entrance to the Federal Student Loan Forgiveness program.
It warns that fraudsters could contact potential victims via phone, email, text, websites, or online chat services.
