Student Loan Noise Is Creating a Perfect Storm for Scammers. Don't Fall for It

This student loan policy expert urges borrowers not to trust offers that seem too good to be true.

As fears of higher student loan payments and wage garnishment increase among borrowers, so does the opportunity for scammers to prey on your desperation.

Elaine Rubin, a student loan policy expert, wants borrowers to be on high alert for student loan scams offering to lower their payments, get their debt canceled or make sure their wages aren't garnished.