Everest College loan forgiveness options


Everest College Closed All Locations

Everest College is a for-profit school that has profited on the backs of lower-middle-class citizens looking to get a higher education to provide for their families. As you may already know Everest College has shut down all its locations and now students who attended the school between Nov. 1, 2013, and Dec. 4, 2018, could potentially receive student loan forgiveness.

The U.S. Department of Education announced this week that it will automatically cancel $150 million in student loans connected to for-profit colleges that have closed in recent years.

How to get Everest College student loan forgiveness

Back in 2015, hundreds of local students were left without answers outside of Everest after they were notified by email the same day that their college was closing. Since then, many have moved on to other schools but some of those who haven’t, still have outstanding federal student loans. While they could have filed paperwork to try and get their loans discharged, the process can be lengthy and tiresome.

The U.S. Department of Education says those eligible for loan cancellation must have been enrolled at the school when it closed and not enrolled at another Title-IV school within three years of the previous school’s closing.

Everest College and Corinthian lawsuit filed by former students at Corinthian Colleges.

New Jersey has pledged support in a lawsuit against the U.S. Department of Education over its attempts to limit debt relief for defrauded college students. Attorney General Gurbir Grewal joined seven other states in filing an amicus brief Wednesday in support of the lawsuit filed by former students at Corinthian Colleges.

Corinthian was accused of targeting low-income individuals through deceptive practices and false advertising that misrepresented job placement rates and school programs. The chain of vocational schools folded and filed for bankruptcy in 2015

In the wake of the Corinthian scandal, the Education Department under President Barack Obama created a loan forgiveness policy for students who were cheated by colleges. About 2,200 New Jersey residents who had enrolled at Corinthian Colleges were eligible for relief.

Corinthian Colleges left its students with significant debt and without the education and job opportunities they were promised,” Grewal said in a statement. “Students who are misled and defrauded into taking out student loans should not be the ones who pay for their schools’ predatory conduct.”

Student Loan Servicer enrolled You in the Wrong program

This happens often where instead of your loan servicer help you get the right information and the best repayment program for your situation they put you in something that will not benefit you just to continue to earn fees.

A professional Document Prepartion could help you determine which option is the best for your circumstance.

The Credit Pros

When you make the right decision you are in control of your financial life.

If you attended a corinthian college you may be able to get a refund and complete student loan forgiveness – Here is a list of some of the For-Profit closed schools.
  • Anthem Career College – multiple locations in Tennessee, closed 2014
  • Anthem College – multiple locations, closed in 2014
  • Anthem Institute – formerly the Chubb Institute; multiple locations, closed 2014
  • Briarcliffe College – Long Island, New York; a subsidiary of Career Education Corporation; closed 2016
  • Brooks College – California, closed in 2008
  • Brooks Institute of Photography – multiple locations, closed in 2016
  • Career Colleges of America – California, closed in 2014
  • Collins College – Phoenix, Arizona area
  • Corinthian Colleges
  • Le Cordon Bleu – multiple locations, subsidiary of Career Education Corporation; closing 2017
  • Crown College – Tacoma, Washington; lost accreditation in 2007 and closed
  • Dade Medical College
  • [Decker College] – 2002
  • Drake College of Business – New Jersey; closed 2015
  • Eagle Gate College – Utah; closed 2015
  • Everest College – multiple locations, a subsidiary of Corinthian Colleges, closed 2015
  • Everest Institute – multiple locations, a subsidiary of Corinthian Colleges, closed 2015
  • FastTrain College – Florida, closed in 2014 after FBI raid
  • Gibbs College – multiple locations; closed 2009
  • Harrington College of Design – a subsidiary of Career Education Corporation; closed 2016
  • Heald College – multiple locations, a subsidiary of Corinthian Colleges; closed 2015
  • ITT Technical Institute – all locations (closed September 6, 2016)
  • Kee Business College – multiple locations in Virginia, subsidiary of Corinthian Colleges, Inc.
  • Lighthouse College – closed 2015
  • Metro Business College – closed 2015
  • Miami-Jacobs Career College – closed 2016
  • Omega Institute – closed in 2014
  • Oregon Polytechnic Institute – closed 6/28/1996
  • Sanford-Brown College – multiple locations; subsidiary of Career Education Corporation; not to be confused with either Stanford University or Samford University;closed 2016
  • Tahlia Business Institute – Northern Alaska; closed 2016
  • Trump University – New York City, New York; closed 2010
  • University of Southernmost Florida – closed 2015
  • Victory University – Memphis, Tennessee; closed in 2014
  • Westwood College – multiple locations; closed 2016
  • Wright Career College – multiple locations; closed 2016
  • Yorktowne Business Institute – York, Pennsylvania; closed 2015

Closed School Discharge

If you attended a Corinthian school (Everest, WyoTech, or Heald and more) that closed while you were attending or soon after you withdrew, you may be eligible for a closed school discharge.

A student who qualifies for a closed school discharge can receive a 100% discharge of the federal Direct Loans, Federal Family Education Loan (FFEL) Program loans, or Federal Perkins Loans they took out to attend the closed school and a reimbursement of amounts they have already paid to the Government.

You have the option of closed school loan discharge as long as:
  • You did not finish your program at a Corinthian school.
  • You did not already transfer your Corinthian credits to another school in a similar program (for instance, if you were taking a criminal justice program and you transferred to another criminal justice program, that would be a transfer to a similar program).
  • You were attending the school when it closed, or withdrew on or after June 20, 2014. A closed school discharge normally only applies to students who withdrew (without completing their program) within 120 days of the school’s closing date, or were attending when the school closed. But for Corinthian students, the Secretary of Education has extended the timeframe to include any Corinthian student who withdrew from one of its closed schools on or after June 20, 2014.


We can help you navigate and understand your loans as well as providing you with professional assistance to file your claim professionally and guarantee the best possible outcome.