With the “Back to School” rush in August, student loan “forgiveness” scams flooded the market. Fraudsters targeted recent graduates with urgent emails claiming they were eligible for immediate debt erasure—for a small “processing fee.” They used official-looking .gov-style branding to trick victims into providing their Social Security numbers and FSA IDs. Once they had this info, they could seize the victim’s loan account, reroute payments, and steal their identity, often before the victim realized anything was wrong.