AGO News Releases With Topic: Student loans

Nearly a decade after the Court Reporting Institute, Inc. (CRI) in Seattle and Tacoma shut down after defrauding students and violating state laws, hundreds of cheated students are still saddled with federal student loan debt

SEATTLE — Attorney General Bob Ferguson today announced a lawsuit against a Florida-based company and its owners, accusing them of charging students illegal fees for debt adjustment services, including assistance with consolidating federal student loans.  Borrowers can already consolidate their loans, and get other assistance, for free through the federal government.

SEATTLE — Attorney General Bob Ferguson today announced favorable resolutions for Washington consumers with six student loan debt adjustors that overcharged Washington state students and collected unlawful fees. Ferguson also obtained a default judgment against a seventh student loan debt adjustor for the same type of unfair and deceptive actions.

OLYMPIA — Attorney General Bob Ferguson joined seven attorneys general today in calling on U.S. Department of Veterans Affairs Secretary Robert McDonald to restore education benefits to veterans who were victims of predatory institutions, such as Corinthian Colleges, Inc.

SEATTLE — Following a legal victory in August, Attorney General Bob Ferguson today announced a $418,000 judgment has been entered against a student loan debt adjusting company that overcharged Washington state students and collected unlawful fees.

SEATTLE — Attorney General Bob Ferguson today announced that a King County Superior Court judge has ordered a student loan processing company that unlawfully charged borrowers to pay back its Washington victims.

SEATTLE — Attorney General Bob Ferguson today urged the U.S. Department of Education to immediately relieve the debt burden of thousands of students who attended Corinthian Colleges, joining with several other state attorneys general.

SEATTLE — Attorney General Bob Ferguson today announced action against a student loan debt adjusting firm that exploited borrowers for financial gain.