Department of Education Approves Loan Forgiveness for DeVry Students
The U.S. Department of Education recently announced that it will approve federal student loan forgiveness for 1,800 borrowers who were deceived by DeVry’s job placement claims and submitted a valid borrower defense application. The Department of Education is continuing to process new and existing applications and expects to approve additional claims. All borrowers with approved claims will receive full loan forgiveness.
If you previously submitted a borrower defense claim for DeVry University
The Department of Education will notify you if your claim was approved. You can check the status of your application on the borrower defense page under “Manage My Applications.” Even if you already received a payment from the DeVry settlement fund, it should not affect your pending application for loan forgiveness.
If you attended DeVry University and haven't submitted a borrower defense claim
Visit the borrower defense page to learn more and submit a claim. Even if you already received a payment from the DeVry settlement fund, you can still apply for loan forgiveness through the borrower defense program.
PREVIOUS UPDATES ABOUT FTC V. DEVRY UNIVERSITY
As a result of the FTC’s settlement with DeVry, the agency sent checks to eligible DeVry students in 2017 and 2019, resulting in over $48 million in refunds.
According to the FTC, DeVry’s advertisements made deceptive claims about the likelihood that graduates would find jobs in their fields and earn more after graduation than those graduating with bachelor’s degrees from other colleges or universities.
Here are FAQs about the refund program:
Who was eligible for a refund?
To be eligible, a student had to meet all four of the following conditions:
- You enrolled in a bachelor’s or associate’s degree program at DeVry University between January 1, 2008 and October 1, 2015.
- You paid at least $5,000 with cash, loans or military benefits.
- You did not get debt or loan forgiveness as part of this settlement.
- You completed at least one class credit.
Why didn't I get all my money back?
The check you received is your share of the settlement between the FTC and DeVry University. Please be aware that accepting this payment does not prevent you from seeking other relief that may be available under federal or state law, such as a borrower defense claim. Visit the borrower defense page to learn more and submit a claim.
Do I need to pay anything to get a refund?
Absolutely not. The FTC never asks you to pay money to file a claim or get a refund. Don’t pay anyone who promises you an FTC refund in exchange for a fee. If you received a DeVry settlement check, you can cash or deposit it immediately.
Where can I get more information?
For the latest information about refunds, you can: