ROUND OF CHECKS TO DEVRY STUDENTS
The FTC is mailing a second round of checks to students who are eligible under the FTC’s settlement with DeVry University. consistent with 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.
The first round of checks was mailed in July 2017. Because money still remains within the fund, the FTC is mailing a further 128,875 checks totaling quite $9.4 million to people that cashed their first check.
To be eligible, a student had to satisfy all four of the subsequent conditions:
You enrolled during a bachelor’s or associate’s course of study at DeVry University between January 1, 2008 and October 1, 2015.
You paid a minimum of $5,000 with cash, loans or military benefits.
You did not get debt or loan forgiveness as a part of this settlement.
You completed a minimum of one class credit.
The check you received is your share of the settlement between the FTC and DeVry University. Please remember that accepting this payment doesn’t prevent you from seeking other relief which will be available under federal or state law.
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’ll cash or deposit it immediately.
If you are one of the former students of DeVry University, this topic could be interesting for you. This year, in 2019, the FTC has sent refund checks and offer to benefit from DeVry Loan Forgiveness for former students. The FTC has offered to average $280-$300 per student. So about 173,000 people will receive total of $49,000,000. So as you see, there are two ways to pay off your loans for DeVry University. The FTC’s Settlement with DeVry, present you refund checks. Besides, it does not require lots of work. On the contrary, DeVry Loan Forgiveness or the other name Borrower’s Defense Discharge Program provide the former students of the DeVry with full student loan forgiveness.
Additionally, this Borrower’s Defense Discharge Program refunds your money which you have paid for University. Of course, it is undeniable that the Borrower’s Defense Discharge Program is more beneficial and promise you quite excellent opportunities. But you need to be qualified to get a profit from the DeVry University Loan Forgiveness Program.
DeVry University misrepresented its degree programs and also made students believe in a bright career. So in 2016, DeVry University has admitted its false advertising policy. With the help of the misleading ads on the internet, TV and on social media they could attract lots of students in their degree program. This program promises lots of perspective to the graduations. Besides, the Department of Education found out that all of the claims of the DeVry University about bright career field was just trick to achieve more people and get their student loans. For example, in one of the assertions of the university was shown that since 1975 about 90% of the graduates could achieve their goal and find jobs within six months related to their study. Of course, as a result, it was just their fabrication as the university could not approve the claim.
Besides, the university also claimed that their graduates earn 15% higher income than the other graduates. Of course, as false ads, it was also just claimed, and the university could not provide any proof about this statement.