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SLF for Closing School

Started by meow82, November 09, 2021, 11:35:41 am

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meow82

In January, I decided to take a break from my school in order to work full time. In discussions with the school, we agreed that I would return once they were able to offer evening classes again. I have just been notified that the school is closing it's doors December 2021 permanently, due to COVID 19 financial impact. The credits from the program are non transferrable and I will now not be able to complete the program. Am I eligible for loan forgiveness or is there anything I can do to reduce what I owe? Seems ridiculous that I have to now pay back an education I cannot use. What can I do?

TheCollegeInvestor

Yes, look into Closed School discharge.