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Officials warn of schemes targeting college loan recipients

Officials warn of schemes targeting college loan recipients

Bill Stephens

April 18th, 2016

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LEXINGTON, Ky. (AP) — Officials are warning Kentucky college students about schemes seeking a large fee and personal information to provide student loan debt relief services.

Attorney General Andy Beshear and Bluegrass Community and Technical College President Augusta Julian spoke last week on the school’s Newtown Campus in Lexington and issued a news release about the problem.

Beshear says students’ loan companies already offer all loan services free. He said students should contact their current company for changes to a repayment plan.

Julian said it’s frustrating that the scheme targets vulnerable students.

Anyone who has been a victim of such a scheme can contact Beshear’s office at (888) 432-9257 or complete a complaint form at https://secure.kentucky.gov/formservices/AttorneyGeneral/ConsumerComplaintForm .

 

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