The University of Phoenix is one of the United States’ for-profit colleges, founded in 1976. Its headquarters is in Phoenix, Arizona. Accredited by the Higher Learning Commission, the university offers more than a hundred certificate and degree programs at undergraduate, graduate, and post-graduate levels. In 2010, the university was at its peak in terms of the number of enrolled students; over 470,000 students. Fortunately for the former students of UOPX, the Phoenix University student loan forgiveness program is available. If you are interested in how to get the University of Phoenix loans discharged, stay tuned. We are going to discuss the Phoenix University Student Loan Forgiveness requirements and steps further in the article.
An American private equity firm, Apollo Global Management acquired the university in 2017. The number of enrolled students started to fall sharply from 2010, and in 2016 enrolment was only 142,500. Since 2015, the university has been under investigation by the United States Federal Trade Commission.
University of Phoenix Class-Action 2019
In 2015, the Federal Trade Commission sued the institution due to false advertising claims. The main cause of this lawsuit was the “Let’s Get to Work” marketing campaign. The FTC claimed that the ad in this campaign creates unreal expectations and misleads the potential students. As a result, in 2019, the defendants agreed on a $191 million settlement, out of which $141 million was the University of Phoenix Student Loan Forgiveness. Yet, the defendants did not admit any wrongdoing.
Additionally, in 2015, the U.S Department of Defense ceased the UoP’s ability to get federal funds for educating military members. They based their action on the recruitment process that was against the regulations. However, later in 2016, this suspension was lifted.
Is it Possible to Get the University of Phoenix Loans Discharged?
If you are a former student of UoP, good news! Phoenix University Student Loan Forgiveness is possible. Phoenix University student loan forgiveness program helps students to get their money back under specific circumstances. Being misled by the University’s claimed false advertisement is one of them.
It is relatively easier to apply for the University of Phoenix Loan Forgiveness in 2019. You can do it via Borrower’s Defense Against Repayment Program if you have suffered from the University of Phoenix investigation. To be eligible for debt forgiveness you should support your claim against the university and prove that you have attended the college. You should also state how you have suffered from misleading advertisements.
The reason behind why it is a lot easier to get your money back, especially in 2019, is because UOPX hаs been аccused оf cоmmitting frаudulent аctivities. Though the parties did not admit wrongdoing, this case exists and increases the success rates of future applications.
University of Phoenix Loans Forgiveness – What To Do
The Borrower’s defense allows you to get discharged from the big amounts of debt that you paid for nothing. False advertisement is a criminal by the law of the United States. If you have been falsely informed and therefore convinced to get a degree, you are on the list of students who suffered from the misrepresented services, and you are encouraged to apply for Borrowers’ Defense to a Repayment program.
If the application gets approved, your loan will get forgiven fully or partially, you might also qualify for a refund for the payments you made to Phoenix University and its parent company, the Apollo Education Centre.
When you apply for the Borrower’s Defense claim, you are suggesting that the Department of Education offer forgiveness advantages for your Phoenix University student loan forgiveness. By registering for the Borrower’s Defense claim, you state that you would have never borrowed any money in the first place if you haven’t got deceived.
Focus on the details of your application. State clearly why you think the university has misled you and how you have suffered from that. You have to have a strong claim against the university, or there is a possibility that your application will get denied. Nobody would like to pay for the rest of their lives for something they didn’t benefit from. If you need assistance, don’t hesitate to contact us.
How Can I Know If My Application Is Approved?
After the Department of Education reviews the case, the applicant will receive a letter notifying the result. The notice will also indicate the reasons for rejection or percentage of discharge if the ED approves the application.
Where Do I Register?
You can submit your Borrower’s Defense Application. Please make sure not to submit the Borrower’s defense to anywhere else rather than the required place, because it can easily result in someone stealing your data. There are lots of unpleasant examples like this, so be vigilant for the sake of your privacy. Your private and personal details are important, some people might want to pull up a scam in order to copy them. Remember, internet scams are everywhere these days.
There аre still thоusаnds оf individuаls оut there trying tо tаke аdvаntаge оf cаsh frоm desperаte student lоаn bоrrоwers. Sо yоu wоuld like tо be extrаоrdinаrily cаreful cоncerning оbtаining аnyоne’s fаcilitаtes аlоng with yоur lоаns. Alternatively, with the Bоrrоwer’s Defense аpplicаtiоn you can get Phoenix University Student Loan Forgiveness.