Kaplan University Financial Aid Fraud Nationwide
I enrolled in Kaplan University under the premise of an accredited school and that financial aid would be afforded. They said I did not qualify for federal aid and therefore had to secure a private loan which they helped me set up.
I found today that they had secured 16 different Stafford Student Loans in my name totalling almost $55,000 and because I did not pay them back not only are they in default but with interest they are up to almost $70,000 and I never graduated because I found out the diploma was not honored in NC.
They are misleading and they are a scam. Help!
2 Updates & Rebuttals
Kaplan University
#3Author of original report
Thu, May 04, 2017
I read and signed for a private loan not a federal student loan and certainly no 16 of them...from the research I've done people that have actually graduated did not incure that many loans or dollar amount. I signed one contract with CitiBank NEVER a federal stafford loan
Ajax
USAHow Were You Misled???
#3Consumer Comment
Thu, May 04, 2017
Starting out early wailing like a serial deadbeat, eh? In YOUR words, they helped you get private loans. There was at least one contract which YOU signed to get a loan. Did you even for one split microsecond READ what you agreed to BEFORE you agreed to it? For the loans to be granted, YOU had to agree to them. No valid complaint here!!!