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+--- Thread: Student Loan Debt Cancellation for Victims of Evil For-Profit Colleges (/Thread-Student-Loan-Debt-Cancellation-for-Victims-of-Evil-For-Profit-Colleges)
Student Loan Debt Cancellation for Victims of Evil For-Profit Colleges - sanantone - 06-23-2022
Okay, not all of the schools on the list are for-profit, but the large majority are.
In a settlement over the Betsy DeVos regime denying and failing to process borrower defense applications, the Department of Education has decided that it is just going to cancel the debt for every scam college. The debt should be cleared within 12 months. If you attended a college on the list, previously applied for borrower defense, and your application hasn't been processed yet, your debt will be cancelled.
If you attended a college on the list, and your claims were denied, your application will be reinstated, and your debt will be cancelled.
If you attended a college on the list, and you have not applied for borrower defense, you can still apply and have your debt cancelled.
If you did not attend a college on the list, and you're still waiting for a decision on your application, refer to the timetable for when your application will be processed.
Also, your credit will be repaired if it was impacted by the debt from the devil institutions. You will also receive a refund for payments made.
https://thehill.com/changing-america/respect/accessibility/3534381-education-department-agrees-to-cancel-6-billion-in-loans-part-of-settlement-agreement/
https://predatorystudentlending.org/wp-content/uploads/2022/06/PPSL-Sweet-Flowchart-7.pdf
Correction: You will not receive an automatic discharge if you attended one of the schools on the list and apply for borrower defense after June 22, 2022.
https://predatorystudentlending.org/sweet-v-devos-class-members/
RE: Student Loan Debt Cancellation for Victims of Evil For-Profit Colleges - ss20ts - 06-23-2022
Some VERY interesting names on this list
Capella
University of Phoenix
Purdue University Global
Walden
Kaplan
Colorado Technical University
Grand Canyon University
Bunch of culinary schools
Medical school
Veterinary school
A few law schools
RE: Student Loan Debt Cancellation for Victims of Evil For-Profit Colleges - freeloader - 06-23-2022
Anybody else kind of wishing they had been “victimized” by one of these evil schools? I would take a Walden PhD and a Florida Coastal JD, if they came along with loan forgiveness…
RE: Student Loan Debt Cancellation for Victims of Evil For-Profit Colleges - sanantone - 06-23-2022
(06-23-2022, 10:16 PM)freeloader Wrote: Anybody else kind of wishing they had been “victimized” by one of these evil schools? I would take a Walden PhD and a Florida Coastal JD, if they came along with loan forgiveness…
I have some debt from Western International University and Colorado Technical University. Luckily for me, I filed borrower defense claims in 2019. The Betsy DeVos crew denied my claims for WIU without explanation, which was one of the reasons for the lawsuit. My CTU app is still awaiting a decision, which was another reason for the lawsuit. Also, luckily for me, I didn't finish my degrees at either of those schools, so I won't be stuck with the bad reputations.