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 …
Question: Dear Steve, I went to Full Sail University, I graduated and since have never been able to get a good job. Most jobs I have applied for laugh off Full Sail University as a viable college. I still make only $15 an hour. Now the Dept. of Edu has been taking my tax returns …
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 …
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 …