For-Profit Colleges & Student Loan Debt
Individuals owe $1.5 trillion in student loan debt – more than credit card and auto loan debt. Each year, one million borrowers default on their student loans, and students who attend for-profit colleges are twice as likely to default on their loans. For-profit colleges have been accused of targeting vulnerable consumers and engaging in predatory and deceptive practices that leave students drowning in student loan debt with useless degrees and little prospect of employment.
Public Counsel’s Consumer Rights team assists students who went to for-profit schools that engaged in predatory and illegal practices, student loan borrowers who are struggling to repay their student loan debt, and student borrowers who are victims of abusive debt collection practices.
For assistance with a for-profit college or student loan debt, visit our services page HERE.