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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 …

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I Went to Rasmussen College Online and Now Can’t Afford to Pay The Bill. – Brittany

“I started attending Rasmussen online. (Biggest mistake i’ve ever made) I only took two classes, and the grand total was about 2700. Their semesters lasted about two months because it’s accelerated. Well they kept pushing me to start this semester and I said I didn’t have all the documents ready for loans. They still insisted …

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