Student-loan Debt-settlement Scams

Thursday, July 17, 2014

Student-loan Debt-settlement Scams

Reporter Adriene Hill of the public radio show 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.

Take the time to listen to Payback time for student-loan scams? and take advantage of related tips and resources listed on the host web page. It will be a wise investment of your time.

Marketplace can be heard on 91.5 KJZZ, a community service of Rio Salado College.

About Rio Salado College

Rio Salado College is one of ten Maricopa Community Colleges and one of the largest online public community colleges in the nation, serving nearly 53,000 students annually with nearly 28,000 online in 50 states and internationally. Founded in 1978 and headquartered in Tempe, Arizona, Rio Salado offers 600+ online classes, 100+ degree and certificate programsand general education courses. The college also provides support for dual enrollment, military and incarcerated students and serves as one of the largest providers of adult basic education in Arizona.

The Maricopa County Community College District (MCCCD) is an EEO/AA institution and an equal opportunity employer of protected veterans and individuals with disabilities. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, or national origin. A lack of English language skills will not be a barrier to admission and participation in the career and technical education programs of the District.

The Maricopa County Community College District does not discriminate on the basis of race, color, national origin, sex, disability or age in its programs or activities. For Title IX/504 concerns, call the following number to reach the appointed coordinator: (480) 731-8499. For additional information, as well as a listing of all coordinators within the Maricopa College system, visit http://www.maricopa.edu/non-discrimination.

Thursday, July 17, 2014

Student-loan Debt-settlement Scams

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