What is this scam? How do I determine if this is a scam?

Student loan robocalls are a twist on loan scams with a specific focus on student debt. This is a lucrative market for scammers, as student loans may be very large. Sometimes these scammers are just after your personal information. However, scammers may also offer payment reduction or debt forgiveness plans -- for a small fee, of course. Younger people are often victimized by these scammers. Young adults, with crushing student debt, often cannot resist the temptation of reduced payments or debt forgiveness. Be suspicious of any student loan offer received over the phone. Never make a payment to a student loan or debt relief organization that called you unsolicited.