The US government initiated several programs to help students in financing their education through different loan programs. Overall loans can be classified into two groups: Federal Loan programs and Private Loan programs. The second class programs are narrower and mainly speculated for specific students regarding their field of study. Many of them finance future farmers, bankers, and public workers. They offer a loan in diverse interest rates and trying to implement regulations that everybody is consent. William D Ford Act is one of many federal loan program and is called with different names such as Direct Loan, Stafford Loan and Ford Loan in various universities. The idea of the program is that the US Department of Education gives a determined amount of money. The pros of the william d ford act loan forgiveness is that it is directly linked to the Department of Education.
More info: https://studentloansresolved.com/2019/03/29/2019-guide-william-d-ford-act/
In 2019, many students can be qualified for the university of phoenix loan forgiveness . After the lawsuit against UOP, it became clear for everybody that the University of Phoenix committed illegal activities and violated the state laws. The lawsuit charged the UOP, as it used delusive recruiting methods, misrepresenting the income and job replacement rates. After this student loan class action lawsuit, University of Phoenix settled $10 million by ED. As the Department of Education announced, borrowers may get partial loan forgiveness, depending on their income. If you are a student misled and defrauded by the University of Phoenix, there are closed for-profit school student forgiveness programs, such as Borrower Defense to Repayment to discharge your student loans. In our article, we will guide you through the application process on how to get the University of Phoenix student loan forgiveness.
More info: https://studentloansresolved.com/2019/02/09/university-phoenix-student-loan-forgiveness/
The Department of Justice charged Education Management Corp, which also happens to be the former owner of the Art Institutes, a total of $11 billion for federal funding fraud. To prevent further liability and legal actions from various stakeholders, Education Management Corp consented to settle $95 million. The Art Institutes are not the only higher education institutions caught in the net of these lawsuits. Between 2016 and 2019, about 50 chain and individual colleges were made to forcefully shutdown. A good example is the case of ITT Technical Institute, Brightwood Career Institute, and Le Cordon Bleu Colleges.
Like the Art Institute, the closure of these institutes means enrolled students who took student loans are eligible for loan forgiveness. Keep in mind that different eligibility and requirements will apply to different schools and students. Students of the Art Institute, who were affected by the fraudulent dealings and closure of Education Management Corp schools can find vital information concerning art institute loan forgiveness on this page.
More info: https://studentloansresolved.com/art-institute/
If you are one of the former students of DeVry University, this topic could be interesting for you. This year, in 2019, the FTC has sent refund checks and offer to benefit from DeVry Loan Forgiveness for former students. The FTC has offered to average $280-$300 per student. So about 173,000 people will receive total of $49,000,000. So as you see, there are two ways to pay off your loans for DeVry University. The FTC’s Settlement with DeVry, present you refund checks. Besides, it does not require lots of work. On the contrary, DeVry Loan Forgiveness or the other name Borrower’s Defense Discharge Program provide the former students of the DeVry with full student loan forgiveness.
Additionally, this Borrower’s Defense Discharge Program refunds your money which you have paid for University. Of course, it is undeniable that the Borrower’s Defense Discharge Program is more beneficial and promise you quite excellent opportunities. But you need to be qualified to get a profit from the DeVry University Loan Forgiveness Program.
More info: https://studentloansresolved.com/2019/02/06/devry-loan-forgiveness-discharge-program/
Almost every single high school student would love to continue his education in a bachelor degree, if not in a master degree. But unfortunately, not every one of them can afford the cost of this education. All accredited university students can be eligible and obtain up to $31.000. The william d ford act loan forgiveness has two parts of the subsidized, and unsubsidized part and each kind have own terms and conditions.The US government is a provider and guarantee of the direct loan. That’s why the credit is distributed with the low-interest rate to satisfy all students and meet expectations of parents. Any payment in advance is forbidden on loan and if you confront with similar cases mind to give information to the Department of Education. Instead, students ought to pay deferment charge after graduating or any other type of leaving, including dropping off. The strict rules for the Direct Loan were implemented, and students must fill Free Application for Federal Student Aid (FAFSA) first.
More info: https://studentloansresolved.com/2019/03/29/2019-guide-william-d-ford-act/
