Which is a red flag of a student loan scam?

Claims to be affiliated with the Department of Education or your servicer.

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  1. Calls from your actual servicer
  2. Claims to be affiliated with the Department of Education ✔
  3. A letter from your school

Why: Scammers pretend to be official. If you are suspicious, contact your current servicer directly.

Huh, didn't know that: The CFPB tells you to contact your current servicer if you are suspicious of a company contacting you.

The dad joke
What do you call an exam about bad puns on scamming people? A pun-ching con-test.
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References

Answer: Claims to be affiliated with the Department of Education. Scammers pretend to be official. If you are suspicious, contact your current servicer directly.

  1. CFPB: Repay student debt www.consumerfinance.gov/paying-for-college/repay-student-debt
    claims to be affiliated with the Department of Education or your current student loan servicer
    Checked 2026-10-10.

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