Options Now Available For Federal and Private Loan Forgiveness
Brooks College FALSELY OFFERED 98% JOB PLACEMENT RATES TO STUDENTS
Brooks College was comprised of two for-profit colleges in Long Beach and Sunnyvale, California. They offered a large array of vocational programs from fashion design to marketing and career education. Brooks College was owned by the Career Education Corporation and accredited by the Accrediting Commission for Community and Junior Colleges of the Western Association of Schools and Colleges.
Promises of a bright future shattered
As of December 31, 2008, Brooks College has closed it’s doors forever. The for-profit school stand accused of predatory lending practices and false claims of job placement within their advertising. All of which is strictly against all Department of Education regulations. Students have been left with insurmountable debt, no career and shattered dreams. After it became apparent that the school was lying about job placement and practicing predatory lending they suddenly got much more exposure than they could have wanted.
The for-profit school was forced to shut down due to outstanding fines and debt.
Barry Ross and Eric Shannon, former employees at Brooks College. They felt they were amongst the few who to truly wanted to educate students. Money was the driving force for the administration, not the betterment of the students lives or education.
Ross’ title was admissions representative. But Shannon says “we were really sales people”?
“Selling the dream, basically,” says Ross.
“We’re selling you that you’re gonna have a 95 percent chance that you are gonna have a job paying $35,000 to $40,000 a year by the time they are done in 18 months,” says Shannon. “We later found out it’s not true at all.”
“Yeah, it wasn’t true at all,” says Ross.
Some companies, like Goodbye Loans, work to assist students who have experienced issues like this at for-profit institutions like Brooks College with their federal and private student loans. We understand exactly how hard it can be to cope with looming debts in the face of a struggling economy, and we have taken the time to thoroughly examine the systemic options of optimized repayment and/or loan forgiveness, so that you can take the shortest path to moving forward. This is by no means an intention to slander or defame universities like Brooks College in any way. There are enough credible sources that we felt prompted to take action and offer our insights to any student faced with overwhelming debt or institutional injustice.
Call us at (800) 940-8911 or fill out the form on this page to speak to one of our representatives. It’s 100% free to see if you qualify for student loan forgiveness, and only takes a few minutes.
STUDENT LOAN FORGIVENESS
What is arguably the national crisis of total student loan debt currently exceeds 1 trillion dollars, according to a report by the Consumer Protection Bureau, and there have been widespread government initiatives to provide the opportunity for partial or total student loan forgiveness, as well as entrepreneurial social movement to provide real expediting services (at affordable prices for all), in the interests of restoring the balance of our economy.
Goodbye Loans is one service that helps students navigate the options and programs offered by the Department of Education, and provides real guidance for pursuing consolidation, reduction, and even total forgiveness of both federal and for-profit student loans.
Because forgiveness applications can be so complex, services like Goodbye Loans provide a badly needed service to the thousands of Americans suffering from crippling, and in some cases unjust, student debt. Goodbye Loans core staff are dedicated young entrepreneurs, committed to providing a smart fix to this national problem by offering no-strings consultations, affordable pricing, and swift resolution. With more solutions-oriented services like Goodbye Loans entering the market place, it will be interesting to see what can be done about the national student loan debt, as well as the closure of institutions such as Brooks College.