FTC Opens the Door to More Defense to Repayment Claims for Student Loan Forgiveness

The FTC made the announcement below that seems to open the door for students with federal student loans to explore the possibility of applying for a Borrower Defense Loan Discharge. The Federal Trade Commission put 70 for-profit higher education institutions on notice that the agency is cracking down on any false promises they make about … Read more

My Apollo College Student Loan Was Sold to Sallie Mae

“Dear Steve, I enrolled in Apollo College’s Vet Tech program in 2003. Through them I obtained a loan from First National Bank for the tuition of around $6,000.00. One of the first questions I asked the loan officer was whether or not my loan was of the type that would later be sold to another … Read more