Due to expensive operating costs and low enrollment rates, Career Education Corporation announced that its subsidiary company Le Cordon Bleu - culinary arts school with 16 campuses in the United States, would stop student enrollments on January 4, 2016. After that time, the existing students would continue their education and finish until September 2017. If …
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In 2017, The US Consumer Financial Protection Bureau and the Illinois and Washington attorneys general sued against Navient. Pennsylvania, California and Mississippi attorneys general filed suits against Navient respectively in the next year. According to the CFPB, Navient is claimed for its illegal activities since 2010 such as misallocated payments, struggling borrowers toward multiple forbearances …
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Most people struggle to pay off student loans and needless to say that we are looking for alternatives to get rid of these student loan debts. As a result, a majority of the people find student loan forgiveness programs profitable. So there are different types of forgiveness programs which you could benefit but do not …
Read More → Low-income students apply for a student loan to get a higher education, some of them even without considering the repayment conditions waiting for them once they graduate from school. Not surprisingly, upon graduation, the majority of these students face difficulties when it comes to paying the loan back. The high amounts of debt made to …
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