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$1M Awarded to Unnamed Whistleblowers in Federal Student Aid Suit
24 April 09 02:22 PM | Student Loan Girl | 0 Comments   

Alta Colleges, operating 17 campuses in six states, recently settled a lawsuit involving student-aid fraud allegations and has agreed to pay the federal government $7 million. Read More...

Filed under: Alta Colleges, Andrew Mytelka, college, college financial aid, college loans, Denver, false claim, False Claims Act, federal government, federal student aid, financial aid, George Burnett, graduates, Graduation, interior design, interior design industry, interior design program, job placement reporting, jobs, licensing requirements, misrepresentation, NextStudent, paying for college, state license, student aid fraud, student loans, Students, The Associated Press, The Chronicle of Higher Education, tuition, Westwood Colleges, whistleblowers

Univ. of Phoenix Accused of Manipulating Its Default Rate
14 January 09 04:39 PM | Student Loan Girl | 0 Comments   

Three former University of Phoenix students are suing the for-profit higher education giant for using a questionable loan repayment practice that skews the university’s default rate and takes away federal student loan repayment options from students who Read More...

Filed under: college, college lawsuits, college loans, Education Department, federal college loans, federal student aid, Federal Student Loan Program, federal student loans, federally guaranteed loans, for profit colleges, Higher Education Act, NextStudent, online college, student loan collections, student loan default rates, student loan defaults, student loan grace periods, student loan interest rates, student loan payback policies, student loan repayment options, student loan repayment terms, student loans, The Chronicle of Higher Education, U.S. Department of Education, Univeristy of Phoenix