*ONLY APPLIES TO FEDERAL STUDENT LOANS.
As you may well know, Sanford-Brown Colleges and Institutes have closed their doors. This left many students, just like you, scrambling and unsure about their student loans. However all hope is not lost, there are several Obama student loan forgiveness programs available that you may qualify for. There are varying circumstances around the loan forgiveness, but if you are a victim to these predatory for-profit schools we highly advise you call us too see how we can help. To see if you qualify, and learn what steps to take next, give us a call at (855) 847-8855
It has now been a couple of years since Sanford-Brown Colleges and Institutes closed their doors, leaving many students, just like you, scrambling and unsure about the future of their education, the validity of their degrees, or the status of their student loans. Finally, 2019 has brought clarity to what has been perhaps the most looming of the uncertainties; the parent company of Sanford-Brown has agreed to pay $493.6 million dollars to nearly 175,000 students across the nation. This substantial victory for former students is the result of an exhaustive investigation spearheaded by the Attorney General of the state of Washington, which determined the for-profit conglomerate was engaging in deceptive and misleading practices in order to attract prospective students and lure them into a lifetime of student loan debts. Sanford-Brown institute, previously operating under the name “International Academy of Design and Technology”, stopped enrolling new students in 2015 and then closed its doors for good not long after, enabling former students to become eligible for borrower defense or even have their loans forgiven entirely. A number of borrowers have remained in somewhat of a perpetual state of student loan deferment, waiting for the opportunity to be granted Sanford-Brown loan forgiveness from their loan servicer. Others have already qualified for loan discharge or one of the Obama student loan forgiveness programs such as teacher loan forgiveness or permanent disability discharge.
Sanfordbrown College is tragically neither the first nor the last forprofit college guilty of predatory practices such as falsifying placement rate, nonstop phone calls to enforce loan repayment, or lying about the true cost of student loan repayment. Corinthian Colleges, parent company of such shamefully predatory institutions as Everest College, WyoTech, and Heald College, was also shut down suddenly and ordered to provide debt forgiveness. Likewise, Sanford Brown loan forgiveness also applies to other institutions maintained by parent company Career Education Corporation; Colorado Technical University, American InterContinental University, Briarcliffe College, Brooks Institute, Brown College, Le Courdon Bleu, and Missouri College have all been shut down and ordered to forgive remaining student loan debts.
This latest agreement arrives at a time of heightened public surveillance of Betsy Devos, the current United States Secretary of Education. DeVos has been held under tight scrutiny since assuming office, but even moreso lately largely considering the ways she has handled, or rather not handled, student debt issues and the persistent issue of predatory for-profit college practices. In one recent case, DeVos and her department had a suit filed against them for seemingly purposely delaying the execution of an Obama era borrower defense regulation allowing borrowers to become eligible for student loan forgiveness from their federal student loans, if said student’s school was found to have engaged in deceptive or predatory practices or otherwise in violation of certain laws and regulations. Former students seeking to verify eligibility for Sanford Brown loan forgiveness may do so by submitting this student loan forgiveness questionnaire or by calling the dedicated helpline at (855) 847-8855. Unfortunately these programs only apply to federal student loan debts, but those with private student loans do have a number of options for private student loan debt relief.
Fill out the following form and one of our representatives will reach out to you to help determine your eligibility. Don’t want to wait? Call 1-855-847-8855