Dianna
Okmulgee,#2Consumer Comment
Tue, March 13, 2018
I have recently helped my cousin figure out this same issue. Knapp College closed their doors and sold off your accounts and filed a Chapter 13. "The first thing you need to do is get your transcripts. This will show if you did withdrawl from Knapp and if you did and whomever bought the contract and continued to charge the United States Department of Education you can be reimbursed not only for the taxes they took because of the debt by the U.S. Dept of Education but also by the company that purchased your account.
If they kept you enrolled on their forms and Knapp had you on withdrawl that is fraud and you can sue them not only for what they have collected from you but for additional funds for undue stress and strife. It is not your fault that college closed but if you did what was expected and followed the procedures it will show on your transcripts. If you have any questions please don't hesitate to ask. I have a background in Accounting, Business Management, and Business law. Good luck.
bella1968
sunset beach,#3Consumer Comment
Tue, May 16, 2017
I as well was a student. We went back and there was a white poster board with we are closed permanently. That's it and now we all owe? Yes we signed a loan but we expected to get what we paid for in that college. It wasn't our fault and to get nasty saying no one forced us is crazy... We did not get the education. Someone needs to deal with this and wipe out these loans.
Jeanski
Buffalo,#4Consumer Comment
Tue, May 15, 2012
But the fraud isn't with Sallie Mae. It's absolutely obscene and fraudulent that any high school graduated you with such poor written communication skills.
If you contact Sallie Mae, you'll find that there are provisions for students like you who are victims of schools that shut down mid-program. Try being nice when you call. You are the one who signed for the loan - no one forced you.