Today’s Summer Film Series feature is about something many recent graduates might be trying to put out of their minds this summer: student loans.*
As a recent graduate myself, I know firsthand the anxiety that comes with taking out student loans. Some scammers take advantage of this fear. Watch this video to see how scammers try to con you out of money.
The bottom line: many of these scammers will try to charge you for things that the Department of Education and its loan servicers will do for free.
Follow the tips in the video and infographic to avoid these costly scams. And consider reading up on student loans while relaxing by the pool this summer. Learning about a scam makes it that much easier to avoid. So share this video to help protect your friends and family, too.
The purpose of this blog and its comments section is to inform readers about Federal Trade Commission activity, and share information to help them avoid, report, and recover from fraud, scams, and bad business practices. Your thoughts, ideas, and concerns are welcome, and we encourage comments. But keep in mind, this is a moderated blog. We review all comments before they are posted, and we won’t post comments that don’t comply with our commenting policy. We expect commenters to treat each other and the blog writers with respect.
- We won’t post off-topic comments, repeated identical comments, or comments that include sales pitches or promotions.
- We won’t post comments that include vulgar messages, personal attacks by name, or offensive terms that target specific people or groups.
- We won’t post threats, defamatory statements, or suggestions or encouragement of illegal activity.
- We won’t post comments that include personal information, like Social Security numbers, account numbers, home addresses, and email addresses. To file a detailed report about a scam, go to ReportFraud.ftc.gov.
We don't edit comments to remove objectionable content, so please ensure that your comment contains none of the above. The comments posted on this blog become part of the public domain. To protect your privacy and the privacy of other people, please do not include personal information. Opinions in comments that appear in this blog belong to the individuals who expressed them. They do not belong to or represent views of the Federal Trade Commission.