Student Loan Disaster

Discussion in 'Credit Talk' started by Tianna, Jul 27, 2008.

  1. Tianna

    Tianna Member

    I am asking this question on behalf of someone.

    In 1996, my friend applied for a SL with Climate Control Institute. He can't remember the exact date he started but it was somewhere around 10/1996.

    He went to the school until around 1/1997. He told me that he was told he would get around $3500 after the fees was deducted. He never get anything, and the only loan check he remember signing was for around $1000 which $750 was for the books and the rest for something else.

    So I did some researching online about that school and found this wwweb.ed-oha.org/cases/2002-4-SA - cant post link yet.
    Apparently the school was not giving the students their refund balance after they dropped out of school.

    Then I found FSA online. I saw form Loan Discharge Application: False Certification ( Ability to Benifit)
    #1 He had no diploma or GED before enrollment nor received one at the school. He wasn't even given a test before enrollment. The only test were giving were given on the student assignments in class.

    Then on form (Disqualifying Status)
    I know he had a criminal record at the time but we are not sure what it means by , (To meet certain requirements for employment in your state?)

    He said he didn't fill out no application to get into the school. The only thing he signed was for the $1000 check, and the recruiter did all the rest. He said he never even signed or seen an application, the recruiter did everything.
     
  2. jjgross

    jjgross Well-Known Member

    On state employment you usually can have a criminal record such as felonies.he was only there 2 months i wouldn't think it would be time to get a dipolma even to get a ged you have to study for awhile.It sounds like someone is trying to pull a fast one.It might have been when he signed for the money for books there were some clauses he didn't read did he keep any papers from the loan?
     
  3. Tianna

    Tianna Member

    He said everyone who was in the class with him when they signed for the check that NO one got no kind of papers, nothing. The spooky part about it was the recruiter, he was doing time with my friend in 1983. He told him about the school. So he was quite aware of his record.

    To be honest if I were an employer, he couldn't work for me with his record! BAD BAD BAD!
     
  4. Tianna

    Tianna Member

    In the link I tried to post above shows that CCI owes ED over $700,000 around the time this happened. Similar situation.
     
  5. jjgross

    jjgross Well-Known Member

    Sounds like a scam and i don't want to offend anyone but sometimes criminal's are not reformed,and are able to scam their cellmates after they get out,and it's a sad fact that we have to deal with.
     

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