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States Play Whac-A-Mole With Student Loan Relief Scams

Georgia’s attorney general banned a Florida student loan debt relief company last year that he found fraudulent, fining it and ordering customer refunds. Yet Academic Debt Alliance LLC, which charges borrowers to prepare loan-reduction applications they could file for free online, continues operating everywhere else from its call center in Florida’s Palm Beaches, a region where national debt relief scams sprout like kudzu.