Scams flourish with student loan repayments to begin in October

DENVER (KDVR) — Federal student loan repayments begin in October after being paused in 2020 due to the pandemic.

Some 44 million students across the U.S. and more than 750,000 students at campuses across Colorado carry loan debt.

Colorado’s average student loan debt levels are the nation’s 16th highest, at $27.3 billion.

“Not everybody is born with money, but I think everybody deserves an education,” one student at the University of Colorado Denver campus told FOX31.

Scammers hustling student loan borrowers

Colorado Attorney General Phil Weiser warns that scammers are finding ways to hustle those worried about making monthly payments.

“It is an opportunity for…