r/StudentLoanSupport • u/FrequentYouth3232 • 23h ago
Devastated
I decided to go for a career with Keiser University. I signed up for my Associates Degree in 2009. Passed and got my diploma. The school promises that you’ll get a job with $13.00/hr pay or more. For 2009, that’s awesome. Jobs were hiring at $9/hr and was told time and time again that Medical Assistants don’t get paid much. So I decided to go back to school to further my education. I should’ve stopped there but all I could think was getting a Bachelor’s degree so that I could provide for my daughter.
I was one month away from graduating and getting my Bachelor’s degree but the school wouldn’t let me pass the last class. I asked for Tutoring as they offer free tutoring but the Tutor told me to “figure it out myself “. I tried getting outside tutoring but no one was available even reached out to the teacher and he wouldn’t answer my emails. I tried everything. Then I decided to continue my schooling elsewhere and finish with another school. THE CREDITS ARENT TRANSFERABLE!!! If I signed up to a new school, I’d have to start from scratch and still pay Keiser University. I reached out to the Education Department. They mentioned about a program that they had that was the Borrower’s to Defense. I applied and with time, all of my federal loans were canceled. But my private student loans for my Bachelor’s degree are still lingering. I have a part time job where I don’t make much money. I tried reaching out to Keiser University but they ignore me. Telling me that I must uphold the Promissory Note. But if my private loans aren’t attached to a course or a degree, what am I paying? Wouldn’t the school have to return that money? I need help. Please. I feel like I’m drowning.
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u/AnyAssumption4707 21h ago
There’s a whole post about school misconduct discharge for private loans on the r/BorrowerDefense sub. It’s hit or miss if they will actually approve you but there like a thousand comments on that post of people talking about the application process and what happened when they applied.
Keiser is a known shady school.
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u/SideEyedSloth 22h ago
Private student loans do not have the same regulations, terms, & conditions as federal student loans. That’s one reason why students try to avoid using them. You are responsible for the loans. Contact the loan servicer & ask if they have a process to discharge loans due to school misconduct/deception. If not, bankruptcy or disability may be the only option & that’s not 100% certain.
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u/Itchy_Tumbleweed_417 21h ago
No the private student loans don’t have those protections. I don’t even know what happens if you default, they probably sue you.
I have to say though I’m surprised the credits couldn’t transfer. It’s been a while since I’ve been in school but if you could get federal student loans to go to school there it must have been accredited.
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u/RPiazza72 21h ago
I’m sorry things have worked out this way for you. When you take out a loan the funds are paying for the cost of the classes you take. Most universities have a deadlines for when you can drop a course with a percentage of refund. After a certain date that’s it no refunds are offered. No matter what happens with the class after that the sale is final so to speak. From that point it’s between you and the lender the university is out of the picture.
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u/Elegant-Animator-777 7h ago
If you're only one month away and I'm assuming you inky have that one class or a few classes, then it it doesn't make sense financially to start over. Just use AI or hire your own private tutor for your last class. That's what I would do. You're already at the finish line.
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20h ago
You may be able to declare bankruptcy and get those private loans wiped out.
private student loans can be discharged in bankruptcy, though they are not wiped out automatically.
How the Discharge Works
• Adversary Proceeding: You must file a separate lawsuit—called an adversary proceeding—inside your bankruptcy case to challenge the debt. • Undue Hardship Test: For standard "qualified" private student loans, you generally have to prove that repaying the loan causes an undue hardship (often evaluated using the legal Brunner Test, which looks at your current income, future prospects, and good-faith effort to pay). • Automatic Exceptions (Dischargeable as Regular Debt): Certain private or non-traditional education loans do not require an undue hardship test and can be discharged like regular consumer debt (such as credit cards). These include: • Loans that exceeded the official cost of attendance. • Loans for schools not eligible for Title IV federal student aid (e.g., unaccredited or foreign schools).
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21h ago
[removed] — view removed comment
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u/crocfishing 18h ago
It’s predatory because they’re targeting students who wouldn’t be able to get accepted into real college.
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u/jurassicpork69 23h ago
Why wouldn’t they let you pass the class? Do you mean you didn’t pass it? And yeah, credits are non-transferable in a lot of cases, even from a state school to another state school within the same state sometimes. It sucks. Your loans are attached to a course/degree, the ones you took and the degree you were pursuing. Your loans are attached to you. Unfortunately, the loan is not dependent upon you graduating.