Former DeVry Students May Qualify for Federal Loan Forgiveness – Here's What You Need to Know
In a surprising turn of events, former students of DeVry University might have a reason to celebrate as a recent ruling opens the doors to significant financial relief. Many of these individuals are now potentially eligible for federal student loan forgiveness, thanks to a decisive court-enforced action that demands accountability from the U.S. Department of Education. The ruling stemmed from a notable case known as Sweet v. McMahon, where a federal judge compelled the government to honor its borrower defense obligations after it failed to address claims from tens of thousands of borrowers.
The implications of this ruling are profound. Those who attended DeVry, along with students from 150 other institutions, must now receive automatic loan discharges if their claims were left unresolved. The order aims to rectify injustices faced by students misled by inaccurate information about graduate employment rates and career outcomes. This situation is further exacerbated by DeVry's history of a $100 million settlement with the FTC back in 2016, confirming that the university had indeed provided misleading data about its alumni's success.
Despite these previous findings, a significant number of impacted borrowers have yet to receive the compensation they are legally entitled to. Aaron Hansome, the founder of Legal Touch—a firm helping students navigate loan forgiveness—expresses frustration over the need for legal intervention. "It's outrageous — the Department had to be dragged into court just to deliver justice," he states. For many former DeVry students, the recent developments mark a pivotal moment. If they haven’t filed for relief or are still anxiously waiting, this may be their chance to eliminate their student debt entirely.
Eligible borrowers could receive complete cancellation of their federal loans, refunds for past payments made, and even significant credit repair. Legal Touch encourages all former students who attended DeVry between 2006 and 2020 to take timely action. With shifting enforcement priorities in the near future, not addressing their claims could mean missing out on these substantial benefits.
For those who qualify, this scenario represents an opportunity to escape the financial burden of student loans and move forward with their lives. Legal Touch is actively offering free assessments for borrower defense eligibility and is ready to assist with claim submissions. This presents a crucial moment for those affected by DeVry’s promises that led to unfulfilled careers and lingering debt.
To find out more, former students are urged to reach out to Legal Touch, where expert consultants are standing by to help assess eligibility for this impactful relief program. As this window of opportunity opens, proactive engagement is crucial for those hoping to turn the tide on their student loans and regain financial stability. With the court ruling successfully prompting action from the Department of Education, now is the time for former DeVry students to take control of their financial futures.
This financial relief not only offers a chance for personal recovery but serves as a broader reminder of the accountability expected from educational institutions and the federal government in addressing the needs of student borrowers. The light at the end of the tunnel is brightening, and with informed action, the thousands affected by these misleading education promises can finally find relief.