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Articles Posted in Student loans

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DeVry Settled Allegations it Oversold its Job Placement Rates – Claiming 90% – Impact on DTR Apps and Class Actions?

DeVry University just agreed last week to a $100 million settlement as reported by the FTC.  We are seeing more of our Florida student loan clients start to question their education at DeVry and starting to understand why they haven’t been able to find employment that they were led to…

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Borrower Defense to Repayment – ITT – Statute of Limitations Can Go Potentially to 12 Years in Florida!!!

Great news! – Please read all the way to the bottom — there is now a strong probability of discharging federal loans for ITT’s former students, going back up to 12 years – provided you can show you learned of the fraud within the past 4 yrs under Florida’s discovery…

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Caribbean For-Profit Medical Schools — Bankruptcy Relief May Be Available to Discharge Student Loan Debt

Recently I’ve been researching the student loan system and how things work in non-U.S. based medical schools.  Unbelievably there are three dozen island medical schools.  That’s a crazy high number, just how many islands are there in the Caribbean anyway? Federal student loan aid is generally not available for these…

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ABC Action News – New Hope for Many In Debt Students Who Attended for Profit Schools Like ITT and IADT

ABC Action News interviewed two of our clients who have attended ITT and IADT: You can click on the ABC Action News above or type the above link into your browser.  https://www.facebook.com/tampabaynews/videos/10154553756350409/ These students attended ITT and IADT here in Tampa several years ago and have tons of federal student…

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Telephone Consumer Protection Act (TCPA) – Auto-Dialer Uncertainty

Were you aware that when you tell a bill collector (including a student loan collector) to stop calling your cell phone, they must do so immediately?  Well usually.  It depends upon the type of telephone system the collector is using.  If they are manually dialing the phone, then they can…

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Cost of Education — Interesting Transparency Development in Response to Recent CFPB and DOE’s investigations?

We’ve been getting very interested lately in how schools, particularly for-profit schools, are representing the cost of education at their institutions.  At ITT for instance, we’re learning that students were for the most part simply left in the dark about what their education would cost.  By the time they learned…

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Defense to Repayment of Federal Student Loans – Finally Relief Expected Soon for Students of Closed Schools

The DOE is involved in a negotiated rule making process right now to expand its relief of federal student loans for misrepresentations or fraud regarding recruiting practices, marketing, and job placement at potentially fraudulent schools which may be subsequently closed or are under investigation.  The DOE website briefly covers this…

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