Through the benefits of Everest College Student loan forgiveness program, you can get your student loans partially or fully forgiven or discharge. Additionally, through the program of Everest College Student Loan Forgiveness, you can take advantage of a possible refund for any payments you have already made for your student debt. Otherwise, you can apply to Borrower Defense to Repayment program which gives a chance to the students who have been defrauded by their school, to benefit from Closed School Loan Discharge program such as loan discharge.
Everest College is a for-profit school which is owned and operated by predate company â€“ Corinthian Colleges Inc. During the years of 2015 and 2016, Corinthian Colleges Inc. was pressured by federal enforcement actions such as penalties for false statements about employment rates of graduates and misleading students to take a massive amount of student loans. Because of these enforcement actions consequently caused financial trouble and a considerable decrease in new signups, the Corinthian announced released they were closing all of their school including Everest college, in 2015, 27 April.
Thanks to the lawsuits filed by Everest College student loan forgiveness, the Washington Attorney General made a decision that Everest College is eligible for federal student loan cancellation. Which also means that any payment made on the loans may be refunded. As we already mentioned above, according to the US Department of Education, for-profit colleges which have been shut down in recent years, student loans will be automatically discharged. It generally means that any student who has attended the Everest College between the dates 01.11.2013 â€“ 04.12.2018, could benefit student loan forgiveness.