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

How Can I Get My Full Sail University Student Loans Forgiven for Fraud? – Sonny

Question: Dear Steve, I have obtained loan debts through Sallie Mae for a for-profit school called Full Sail. These debts have doubled from the interest alone. I have since condensed my loans through the Obama program and my debt is now around $20k. A good chunk of my money goes to paying the minimum payment …

Read more

My Education With Full Sail University Sucks. How Do I Get My Money Back?

Question: Dear Steve, I am attending Full Sail and the education and experience have been horrible. I wanted to withdraw so I don’t acquire any more financial aid debt but i was told that if I do before the 10th week of the semester that the school will loose my financial aid and I will …

Read more