Marketplace ran a story this month about unscrupulous companies that are tricking borrowers into paying upfront fees for student-loan debt-settlement services they don't provide, including a fake “Obama Forgiveness Program.”
Hill discovered that some of these companies are charging upwards of $1600 for debt consolidation services that are available free of charge from the government.
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Marketplace can be heard on 91.5 KJZZ, a community service of Rio Salado College.