Subscribe to our mailing list

X

Westwood College Only Cared About Putting Me in Debt. What Do I Do Now?

By on April 17, 2018

Question:

Dear Steve,

I attend Westwood college online a handful of years ago. It seemed at the time they were being extremely helpful about getting me enrolled, it appears now, all they really cared was getting me as deeply in debt to them as possible.

I currently have 17 student loans which were originally with Sallie Mae and Navient currently has. There were also personal loans that the school had me take out through them, that I was unaware were personal loans.

I have seen some articles saying Westwood has gone under and their student’s debt was forgiven, or something like that.

I need to know what I need to do about moving forward in this situation if I can in fact get my outlandish debt erased. I also did not get to graduate because I was told I had reached my “aggregate loan limit” and was forced to resign from the school in what was supposed to be my final year.

Kevin

Answer:

Dear Kevin,

Westwood College has been the subject of many posts here over the years. Since 2010 the college has been a problem for students. In 2010 a group of Westwood College students sued the school for fraud.

I have no idea what year you attended.

It should not be a surprise to any reader that schools are trying to sell as much of their product to bring in as much money as they can. Their product is enrollment in classes, not making sure students graduate.

The salespeople at Westwood College you dealt with seem to have figured that out and worked hard to max you out.

It appears you may have three categories of loans.

Loans to Westwood College

The loans to the school can be discharged in a consumer bankruptcy. You can find a good local bankruptcy attorney and have a free discussion about what bankruptcy would mean for you. Bankruptcy is the fastest way to get a fresh start for the least amount of money.

READ  Want to Pay a Lot for College But Never Graduate? Go to a For-Profit University.

Westwood College Federal Student Loans

On the federal student loans, if any, you may be eligible for a closed school discharge of that debt.

You can read about the criteria for eliminating your federal loans here.

Westwood College says they did create teach-out relationships for those who wanted to finish their education.

Westwood College

Westwood College Private Student Loans

On the private student loan front, there is no easy answer or a program like for federal student loans. Your options are:

  1. Pay the private student loans.
  2. Default on your private student loans and attempt to negotiate another solution. See Top 10 Reasons You Should Stop Paying Your Unaffordable Private Student Loan
  3. There are a number of technical issues that can make some or all of your private student loans eligible for elimination in bankruptcy. You can see a list of articles on this here. At this time there are two articles you should read, this and this.

Easy Fix

If you are looking for an easy fix for this mess, there is not one. You are going to have to push to deal with your loans and fight for a solution.

The reality is there are a few good people out there who can guide someone through this mess but the vast majority of people in this kind of debt simply can’t afford to get professional help and competent assistance for the overall financial issue.

morehelp1
Choice1 Choice2 Choice3 Big Hug!
Get Out of Debt Guy - Twitter , G+ , Facebook
If you have a credit or debt question you'd like to ask just use the online form .

Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s Privacy Policy and Terms of Use and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

2 Comments

  1. Bridget Miller

    September 25, 2018 at 3:33 am

    Westwood College told me the week before graduation that I would not be able to graduate until I paid them an additional $5000. They also told me they would not release my transcripts. My loans were also with Sallie Mae. Graduation should have been March 2001 and for an Associates degree that I never received I now owe 130k. I’m in default and unemployed.

  2. Kevin

    April 17, 2018 at 9:52 am

    I want to get rid of my Westwood College student loans.

Share a Comment / Leave a Reply

%d bloggers like this: