Hi PF! New here and I just saw a thread regarding the DeVry settlement with the FTC and I now realize that I am very much included in this. The FTC announcements are here:
So I know I'm eligible for the refund as I meet all four conditions since I enrolled in summer 2008 and obtained my Bachelors in 2011 paying mostly in student loans. I have not attempted to seek out loan forgiveness yet. I am currently still paying one of the private loans through Navient (formally Sallie Mae), however the other loans have defaulted.
The article states that $49.5 Million is being refunded to students and the rest is being put toward loan forgiveness.
My question is what would be the best route to go about having my loans forgiven?
I have not found much information regarding on how to exactly have this settlement pay my loans, however I did find a Borrower Defense form which seems like the best option. This form also includes having the defaulted loans forgiven as well from what I can tell.
I'm hoping that since the FTC filed suit against DeVry that I can essentially use their argument as my defense. To be clear, I was unable to find a position in my field within 2 years of graduating even with applications going out to all kinds of companies. So yeah, I definitely fell for it.
Thanks for any advice!
Submitted July 08, 2017 at 01:32AM by septic_rush http://ift.tt/2sQNCJU
