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WASHINGTON—The Federal Trade Commission said it has stopped a pair of student loan debt relief schemes it said “bilked” students out of approximately $12 million by using deceptive claims about repayment programs and loan forgiveness that did not exist.

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Laurie Butz

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Ann Baur

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FTC

EAST LANSING, Mich. — The Desk Drawer Fund, the philanthropic foundation of MSU Federal Credit Union, announced it would be awarding $72,500 in grants to five community organizations, supporting their efforts to make a positive impact in our community.