A teacher in Wisconsin recently got a call with an intriguing offer: a promise to have 80 percent of her federal student loans forgiven — for a fee. The teacher, Lauren, owes about $60,000 in debt ...

Laurie Sepulveda is a MarketWatch Guides team senior writer who specializes in writing about insurance, investing, personal loans, home equity loans, mortgages and banking. She lives in North Carolina ...