Department of Education Goes Insane When it Comes to Dealing With Defrauded Student Loan Borrowers

I admit there is nothing in this world that represents true justice or fairness. No matter what side you are on, not everyone is going to be happy with any resolution. But this Borrower Defense to Repayment program has been a total mess. Students who were defrauded by their schools were entitled to have only … Read more

Did You Submit a Borrower Defense Claim for Student Loans at Corinthian Colleges?

Students who previously submitted Borrower Defense to Repayment claims to have their Corinthian Colleges (Everest, Heald, and WyoTech) student loans forgiven may have received an important email that went into spam. If you did previously submit a claim, look for an email from a noreply@studentloans.gov email address with the term “Borrower Defense Claim” in the … Read more

Dept of Education Tries to Collect Every Penny of Forgiven Debt Under Borrower Defense

Man there are great journalists out there and Shahien Nasiripour has been crushing it in the student loan segment. Shahien is reporting that the Department of Education has been trying to collect on student loans it promised to forgive under the Borrower Defense to Repayment strategy. Under this approach, students with federal student loan debt … Read more

Who Should I Contact to Get My Everest Student Loans Forgiven?

Question: Dear Steve, My girlfriend who works for the VA went to Everest to get her LPN license, she did, has never received any loan forgiveness, we have contacted several agencies and have gotten the run around, we have even contacted the Consumers Financial Protection Bureau, have not heard anything. Who does Dawn need to … Read more

How to Ditch Your Corinthian College Student Loan Debt

Yesterday, the U.S. Department of Education announced new steps to protect students from abusive for-profit colleges, as well as a new debt relief process for students at Corinthian Colleges – which operated schools under the names Everest, Heald, and Wyotech. Information for borrowers is available at the Federal Student Aid (FSA) website, at our new … Read more

Everest, Heald, WyoTech Schools Parent Sued for Predatory Lending Scheme

Today, the Consumer Financial Protection Bureau (CFPB) sued for-profit college chain Corinthian Colleges, Inc. for its illegal predatory lending scheme. The schools under this company include; Everest College, Everest Institute, Everest University, Everest University Online, Everest College Phoenix, Everest College Online, WyoTech, and Heald College. The Bureau alleges that Corinthian lured tens of thousands of … Read more