Advocates for school kids and veterans lauded a record $ 191 million settlement reached during a case against one of the country’s largest for-profit college chains within the week as an important breakthrough in protecting students, but said the compensation was “a drop in the bucket ”compared to the whole debt borrowers owe.

The University of Phoenix and its parent company, Apollo Education Group, agreed to cancel $ 141 million in student debt and to pay $ 50 million to the Federal Trade Commission to return to consumers within the deal announced Tuesday within the case that centered on allegations of deceptive advertising to students, including the targeting of veterans.

While the settlement is viewed as significant, advocates said the case showed the systemic problems in protecting students targeted by deceptive practices and shed light on the dimensions of debt students will still owe thanks to their loans.

“Despite the quite $ 100 million in relief, it’s a drop in the bucket in terms of the whole amount of debt that these borrowers owe, ”said Seth Frotman, executive of the scholar Borrower Protection Center, a nonprofit advocacy group. “I think what this case demonstrates is that the deep systemic problems that also exist within the scholar loan market and particularly around predatory for-profit schools. ”

To apply for student loan forgiveness through Borrower Defense to Repayment, you need to fill out the application form. You can upload the additional materials to strengthen your claim. In the online application form, you should fill out the personal information, your enrollment dates at the University of Phoenix and your signature. Read the given instructions with attentional, then submit your application to get the student loan forgiveness.

Take into account all fraudulent activities that the University of Phoenix is being accused of. Use them in your Borrower Defense claim as the arguments to get the University of Phoenix student loan forgiveness and maybe even a refund for the amount you paid previously.

Keep in mind that while your application is being reviewed, you do not need to stop paying your student loan debts. It may take a year to get a notification from the Education Department. Not paying your debts is also wrong because you will go for the Borrower Defense process, it may weaken your claim and put your eligibility under question.

In conclusion, receiving student loan forgiveness is possible considering all situations with the University of Phoenix lawsuit and student loan crisis.

Luckily, you have the chance to get a forgiveness benefit and a refund as well. Federal student loan forgiveness programs such as Borrower Defense to Repayment allows the borrowers to eliminate their student loans. You can follow our guide to learn about the eligibility requirements and application process in 2019 to get forgiveness for your student loans.

The primary reason for making you eligible for this discharge is the fraudulent activities that the University of Phoenix performed against you. As the University of Phoenix violated the state laws, encouraged students to get false student aid, misled and defrauded the students, it received a settlement from FTC. After you get the full information about the class action lawsuit and settlements against the University of Phoenix, now apply to the program, make your claim, and get the University of Phoenix student loan forgiveness.

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