Americans Anxiously Wait To Apply For Student Loan Forgiveness, But Scammers Are Taking Advantage

President Biden unveiled his $400 billion Student Loan Forgiveness Plan back in August, but the plan has seen a sluggish rollout, creating a perfect storm for scammers. NBC News’ Steve Patterson speaks with Kevin Roundy, who has been studying these scams, including false ads online. He advises borrowers to never give out their personal information like FSA logins, credit card numbers and birthdates. Experts say the only safe place is the official studentaid.gov, where applications are now live.