The Federal Trade Commission (FTC) has announced it is issuing refunds totaling more than $4.1 million to 27,584 consumers who were deceived by a student loan debt relief scam. The scam involved fraudulent schemes promising loan forgiveness, which led to consumers losing money. This move is part of a broader effort by the Biden administration, in collaboration with State Attorneys General, to combat deceptive practices and eliminate so-called "junk fees" associated with student loans. The initiative underscores the administration's commitment to protecting consumers and addressing corporate misconduct.