Don't be a scam victim, either before college or as a graduate. Read those financial aid statement that you and your students are signing, and if you do not understand—DO NOT SIGN THE DOCUMENT. Find someone else and get their advice.
Over and over, across the nation, it is increasingly clear that there is a concerted effort to bilk U.S. consumers out of their hard earned cash by forcing people to pay debts that have already been paid, even to the extent of using forged, fictitious, or even non-existent documents to collect the debt. Please, do not become one of these fleeced victims. Keep your financial records organized, where you can reach them if needed.
Lest you think that this type of fraud is rare, or confined only to the student loan industry, think again. This highway robbery is widespread. From farmers, to students, to home owners and credit card holders, thieves are using data manipulation, document forgery and extortion to get consumers to repay questionable loans, or to sign up for questionable loans with outrageous terms and usurious rates.
Don't let these thieves and con men threaten your future. Know what you are signing and keep records. Keeping good records now may save you tens of thousands of dollars in the future.
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