BATON ROUGE, LA – Attorney
General Jeff Landry has announced that nearly 2,000 Louisiana students who
attended schools operated by Corinthian Colleges, Inc. between 2010 and 2014
may be eligible for loan forgiveness.
“Thousands of Louisiana students were misled by
institutions who engaged in deceptive trade practices by misrepresenting job
placement rates for many of their programs,” said General Landry. “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.”
General Landry’s office will soon be sending letters to
Louisiana students who either attended one of the Corinthian Colleges in
another state or online. The letters will explain the relief available to
eligible students and will contain an enclosed application that must be filed
with the U.S. Department of Education (USDOE). If a student’s federal loan is
cancelled, he or she will make no more payments on the loan and any payments
already made will be refunded. It is important to note that students should
continue making payments until they are notified of their federal loans being
dismissed.
General Landry also warned all current or prospective
college students to be aware of student loan scams. “It is free to apply for
loan forgiveness or get information on loan forgiveness for free through the
USDOE,” explained General Landry. “The USDOE also never charges application or
maintenance fees.”
To file a consumer dispute or report a scam, please
contact Attorney General Jeff Landry’s Consumer Protection Hotline at
800-351-4889 or www.AGJeffLandry.com. Students can also
call the U.S. Department of Education hotline at 1-855-279-6207 or e-mail
questions about discharge of their federal student loans to FSAOperations@ed.gov.
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