Thousands of students may be eligible for loan forgiveness - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

Thousands of students may be eligible for loan forgiveness

(Source: WAFB) (Source: WAFB)
(WAFB) -

Nearly 2,000 Louisiana students who attended schools operated by Corinthian College, Inc. between 2010 and 2014 may be eligible for loan forgiveness, reports the Attorney General's Office.

"Thousands of Louisiana students were misled by institutions who engaged in deceptive trade practices by misrepresenting job placement rates for many of their programs. My Public Protection Division and I are working to get justice for these students, and we will continue to fight for all the hard-working people of our state," said Attorney General Jeff Landry.

The AG's office will soon be sending out letters to Louisiana students who either attended one of Corinthian Colleges' schools in another state or online. The letters will let students know what relief is available to eligible students and will also contain an application to be filed with the U.S. Department of Education (USDOE). If the student's loan is cancelled, the student will make no more payments on the loan and any payments already made will be refunded. Students should however, continue to make payments until they are notified of their loan being dismissed.

The AG's office warns current and prospective college students to be aware of potential loan scams.

"It is free to apply for loan forgiveness or get information on loan forgiveness for free through the USDOE. The USDOE also never charges application or maintenance fees," said Landry.

To file a consumer dispute or report a scam, contact the AG's Consumer Protection Hotline at 800-351-4889 or visit www.AGJeffLandry.com. Students can also contact the USDOE hotline at 1-855-279-6207 or email question to FSAOperations@ed.gov.

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