ddail's blog
Fraudulent student loan
Submitted by ddail on Fri, 03/28/2008 - 2:00pm.A friend of mine was granted a student loan in 1993. This loan was taken out for an adult education program in Detroit (National Technical Institute),that was eventually closed down. One day she went to school and the doors were pad lock. The Federal Government had shut it down due to fraudulent activity by the owner of the school.
All who who attended this program is stuck with this loan. Some had just begun classes, and some had been going to the school for a while. It was a 3 month program that offered GED, Phelibotimist certificates after completion. The school had been established around 3 years.
My question is she and others are stuck with this loan on their credit. How can she and others have this debt taken off?
Please send answers to dproof2059@yahoo.com
Thank you
ddail