What Can Students Do to Protect Themselves?

This post is part of a series for National Consumer Protection Week

Americans owe more than a trillion dollars in student loan debt. That’s more than we owe on credit cards, more than we owe on car loans – and it’s still growing.

So, if you’re going to invest in a college degree, we want you to be able to choose the best deal for your situation. Students are overwhelmed with options and aren’t sure how to compare them. In the absence of apples-to-apples comparisons, they’re left to their own devices when making a choice that will have significant consequences for their financial future.

Here is the suite of tools we’ve developed to help you along the way:

Paying for CollegeFrom start to finish, we can help you make informed financial decisions about paying for college.

Repay student debtWhile we can’t give you advice for your exact situation, we can point you in the right direction.

Choose a loanThree steps that can help you get the right loan for you.

Submit a complaint about a student loan or a bank account or serviceWe’ll forward your issue to the company, give you a tracking number, and keep you updated on the status of your complaint. Even if you have federal loans, we can help make sure you get to the right place to submit a complaint.

Managing your college moneyChoosing your first bank account is an important decision. Unlike that first school ID photo, your first banking relationship could last long after you graduate. Making a smart decision now will mean fewer surprise fees that can add up later.

Compare financial aid and college costWe’re building a tool that will let you compare financial aid offers so you can see how all those numbers impact your payments down the road.

 

Leave a Comment

Commenting Policy

Este es un blog moderado; revisamos todos los comentarios antes de publicarlos. Esperamos que los participantes se traten respetuosamente entre sí y que traten con respeto a los demás bloggers. No publicaremos los comentarios que no cumplan con nuestra política de comentarios. Si un comentario incluye un enlace a un sitio comercial, quitaremos el enlace y publicaremos el comentario. Sólo editaremos los comentarios para quitar los enlaces comerciales.

No publicaremos:

  • spam ni cometarios no relacionados con el tema del blog
  • comentarios que contengan lenguaje vulgar, ataques personales o términos ofensivos dirigidos contra grupos específicos
  • ofrecimientos de venta o promociones
  • comentarios que contengan información que sea obviamente engañosa o falsa
  • comentarios que contengan información personal, como por ejemplo, domicilios privados

Los comentarios enviados a este blog se convierten en material de dominio público. Para proteger su privacidad y la de las demás personas, por favor no incluya información personal. No use este blog para reportar el fraude. Si desea puede presentar una queja. Si tiene preguntas sobre la política aplicable a los comentarios, por favor contáctenos.

Read Our Privacy Act Statement

It is your choice whether to submit a comment. If you do, you must create a
user name, or we will not post your comment. The Federal Trade Commission Act
authorizes this information collection for purposes of managing online
comments. Comments and user names are part of the Federal Trade Commission’s
(FTC) public records system, and user names also are part of the FTC’s computer
user records system. We may routinely use these records as described in the
FTC’s Privacy Act system notices. For more information on how the FTC handles
information that we collect, please read our privacy policy.