By 
Oscar Gonzalez2025-05-20T12:30:00
The U.S. Federal Trade Commission (FTC) took action against a pair of student loan debt relief companies for allegedly deceiving borrowers. The move came despite the Trump administration’s broader efforts to roll back enforcement actions against businesses since taking office.
Panda Benefit Services and Select Student Services allegedly claimed to be affiliated with the U.S. Department of Education and charged consumers for services they said would result in student loan forgiveness. A federal court, following an FTC lawsuit, permanently banned the companies from the debt relief industry and ordered them to turn over all assets.
“Consumers looking to…
