$100,000,000 DeVry Student Loan Forgiveness Program

Student Loan Forgiveness for DeVry Students

Updated: August 11th, 2017

On July 10th, 2017, The FTC announced that they were ready to start sending out student loan settlement checks as part of the DeVry student loan forgiveness program, with about 173,000 refund checks set to be sent, and the total forgiveness amount pegged at about $49,000,000, for an average of about $280 per student.

Below, you’ll find details about this forgiveness benefit, including who qualifies, why DeVry is being forced to pay this, and what you can do to ensure that you get the money you’re owed as quickly as possible.

DeVry’s student loan forgiveness program is one of the largest, and widely accessible ever offered. It all started when the FTC accused DeVry of violating Federal laws by misleading potential students, but things have now progressed to the point that full-on refunds are on the brink of being sent.

The FTC Announcement for Partial Refunds to DeVry Students

On May 1st, 2017, I received the following update from the Federal Trade Commission:

The FTC plans to mail partial refunds before the end of the summer to people who:

  • enrolled in a bachelor’s or associate’s degree program at DeVry University between January 1, 2008 and October 1, 2015
  • paid at least $5,000 with cash, loans, or military benefits
  • did not get debt or loan forgiveness as part of this settlement
  • completed at least one class credit.

And that’s great news, because people have been flooding the comments section of this site asking when they’d actually get their refunds. The longer this thing got dragged out, the more skeptical I became that it would ever actually happen.

What is the DeVry Student Loan Forgiveness Program?

In late 2016, DeVry University finally admitted that its ads “misled prospective students”, and agreed to pay out $100,000,000 to settle a lawsuit with the Federal Trade Commission.

Under the agreements of the settlement, DeVry was forced to allocate:

  • $49,400,000 for FTC to provide partial refunds to anyone who paid for DeVry classes
  • $50,600,000 in loan forgiveness and debt forgiveness benefits to anyone who owes money to DeVry

And that’s a pretty serious penalty, but it’s great news for any of you who qualify for the benefit.

These funds will be made available to anyone who attended DeVry between 2008 and 2015, with some of the students receiving money, and others qualifying for student loan debt relief benefits (debt forgiveness on their DeVry-related student loan debt).

But better yet, I can FINALLY report that I’ve got good news to anyone who is in need of Private Student Loan Forgiveness, and who attended DeVry!

Typically, whenever programs like this are announced, benefits are only available to people with Federal Student Loans, but the DeVry relief and repayment program is going to cover ALL student loans, so no matter where you borrowed the money, if you used it at DeVry, you may be eligible for a refund or debt relief benefit.

What Loans Are Being Refunded?

DeVry University is being forced to cancel all unpaid balances for any private student loans issued by the school between September 1st, 2008, and September 30th, 2015, so if you attended during that time period, you’re in for a major windfall.

In addition, DeVry is going to also be forced to cancel $20,250,000 in debt owed to the school for tuition, books, lab fees and other costs associated with attending their academic programs, pretty much guaranteeing that anybody who went to DeVry during the impacted time period is going to get some kind of financial assistance.

The FTC is also going to host their own refund program, but the details surrounding that have not yet emerged. Be on the lookout for details from DeVry, as they’ve been told they must inform all previous students within 30 days after the judgment gets entered (meaning, very soon).

UPDATE: I was informed by reader Anthony that DeVry will be contacting everyone eligible for this forgiveness program by January 18th, 2017. If you did not hear from them before that deadline, but you are sure that you should qualify for some relief, then you need to contact DeVry, the Department of Education, or the Student Loan Ombudsman Group and start pushing for your benefit. It’s highly likely that some people will be left out (by “accident”) from the initial contact, but don’t let that stop you from pursuing your rightfully earned student loan forgiveness benefit!

UPDATE 2: Anthony has provided another excellent update which includes some good news and some bad… unfortunately, anyone with loans issued by another institution than DeVry (like Federal loans, or Private loans from a bank) will not be automatically eligible for the DeVry debt cancellation program, but will have to use the route of filing a Borrowers Defense Against Repayment to get their loans forgiven.

Will I Have to Pay Taxes on My Forgiveness Benefits

Unfortunately, the answer to that question is a resounding YES.

Whether your loans are Federal or Private, the IRS is going to force you to claim whatever amount of money you end up getting forgiven as income on your IRS return. I cover this topic in detail on my page Student Loan Forgiveness Benefits and Taxable Income Laws, but here’s a basic example:

If you get $10,000 in DeVry student loan debt forgiven, then you’ll have to add that $10,000 to your annual income on your IRS tax return, and you’ll need to pay a percentage of that $10,000 in taxes (whatever your tax bracket’s rate is).

As a further example, if your income tax bracket pays 33%, then you’d have to pay $3,300 in taxes on the $10,000 forgiveness that you received.

And while it’s still a good deal, because you’re netting a gain of $6,700, keep in mind that your tax bill will be due all at once, whereas your student loan payments were being stretched out over a long period of time.

I’m worried that many people will end up getting hit by huge tax bills they weren’t anticipating, and can’t afford, so I’ve created an entirely new website specifically for helping people with tax-related problems, called Forget Tax Debt.

This new site is just like Forget Student Loan Debt, where I offer free advice and information about all sorts of related problems, except that instead of talking about student loan problems, I’m covering tax related problems.

On Forget Tax Debt, I’ve already offered advice on a variety of issues, like Applying for IRS Tax Debt Forgiveness, Settling Your IRS Tax Debt, Evaluating Tax Resolution Companies, Applying for the IRS Fresh Start Program, and even Avoiding IRS Phone Scams, but I’ve got many more in the pipeline, so be sure to check it out!

Are ALL DeVry-Related Loans Being Forgiven?

Unfortunately, no. While I initially interpreted this ruling as stating that any debt at all related to DeVry’s educational costs would be forgiven, reader Anthony has provided another great analysis of some specific details of the program, and it turns out that only loans issued directly from DeVry itself are being automatically cancelled and refunded.

That means that if your loans originated elsewhere, say from the Federal Government, or from a private bank, then you won’t be automatically included in the cancellation and refund initiative.

On the bright side, this doesn’t mean you can’t receive forgiveness, as both the Student Loan Ombudsman Group AND the Department of Education’s StudentAid.ed.gov representative indicated that anyone with outstanding DeVry debt would be easily able to qualify for a Borrower’s Defense Against Repayment discharge, especially since the Government itself has already proven beyond a reasonable doubt that DeVry actively misled students, violated state laws, and essentially ripped people off.

If you still owe money for DeVry educational programs, you need to visit my page about the Borrowers Defense Against Repayment Provision, learn about the application process, and submit your application ASAP. These applications are taking months to get approved, so it’s best to get yours turned in as quickly as possible.

One thing to keep in mind – this is a one shot chance at getting complete student loan forgiveness, so don’t screw it up. It’s worth spending a few hundred or even a couple thousand dollars consulting with an attorney to get their assistance in creating your Borrowers Defense Against Repayment letter.

What Did DeVry Do?

According to the complaint filed with the FTC, DeVry ran ads on Television, the Radio, Online and in Traditional Print Media claiming that their job placement rates and income levels were significantly higher than what it’s actual students reported.

The Department of Education investigated some of their claims, such as one stating that 90% of their graduates since 1975 were able to find jobs in their study areas within just six months of graduation, finding that DeVry couldn’t provide any proof for the claims.

DeVry also falsely claimed that their graduates with Bachelor’s Degrees earned, on average, 15% higher incomes a year after graduating than graduates from other colleges and universities, and again, failed to unearth any proof for the statement.

These statements, my friends, are what’s known as “false advertising”, which is entirely illegal. Fortunately, if you’re a DeVry student or graduate who attended during the affected tim eperiod (2008 to 2015), then you may be eligible for restitution via the DeVry Student Loan Forgiveness & Repayment Program (I made this name up, it’s not official).

How Do I Claim My Benefit?

Right now, there’s no way to claim the benefits, but the FTC page on the matter says that you should “be on the lookout for information… on your eligibility for a refund or for a notification from DeVry explaining your debt forgiveness.”

The FTC also says that DeVry will need to inform the credit bureaus and debt collection agencies about this debt forgiveness program, and that they’ll need to inform you of your personal benefits as well, within 30 days after the court’s order is finalized.

If you’ve been struggling to get your diploma or academic transcripts from DeVry because of your failure to pay down outstanding debt related to their programs, then you’re in for some good news as well, because the school is being forced to issue diplomas and transcripts to all students and graduates, regardless of remaining debt.

Finally, the school is going to have to set up a toll-free phone number you’ll be able to call if your credit report continues to show the wrong information about your DeVry-related debt, basically allowing you to call them on their BS and force them to fix your information with the credit bureaus.

Frequently Asked Questions

There are lots of questions about this forgiveness program, since the news just broke, and so many students are being impacted.

My favorite part about this story isn’t that tons of people will be getting money back, but that just like the ITT Tech Student Loan Forgiveness Program, and the Corinthian Colleges Student Loan Forgiveness Program before it, another For-Profit School is being punished for aggressively pursuing profits above student’s best interest.

Anyway, here are some of the most common questions related to DeVry’s Debt Forgiveness Program:

Are DeVry Refunds Available Now?

No, the refund process isn’t set to start until 2017. There’s no timeline set on when that’ll happen, so you may end up having to wait a few months before funds are made available, but they’re coming!

Who is Eligible for DeVry Forgiveness Benefits?

Anyone who attended the school between January 1st, 2008 and September 30th, 2015, including people who completed degree programs, as well as those who didn’t.

How Can I Claim My Refund?

I outlined it above, but you can’t do anything quite yet. I’ll update this page when the details emerge, but for now, all you can do is sit tight and wait for DeVry to contact you with additional information.

One thing I’d do if I were you is contact the school to make sure they have your updated address, email and phone number, to ensure that you won’t miss the boat on this benefit.

How Much Money Can I Get?

That hasn’t been worked out quite yet, but the amounts are going to be set based on the amount you spent at DeVry, and you may not be paid back in full.

Nobody knows just how much individual will get back quite yet, so keep checking and keep your fingers crossed.

Do I Need to Pay Money for My Refund?

No! If a debt consolidation company or some other vendor contacts you offering to help you get your DeVry student loan forgiveness refund, then hang up the phone!

You’ll be working directly with the school to get this benefit – do NOT pay anyone else to help you get the funding, because that’s bound to be some sort of scam.

Where Can I Get More Info?

I’ll update this page as soon as additional details emerge, but you can visit the official FTC Website for additional details, and sign up for e-mail updates from the FTC to be notified as soon as more information is released.

Disclaimer: This post is NOT sponsored content as I don't accept any form of sponsored posts, advertorials, native advertising, influencer marketing or incentivized, paid or promoted content. However, this post may contain affiliate links. If you purchase a product or service linked to from this post, I will receive some form of compensation.


Tim's experience struggling with crushing student loan debt led him to create the website Forget Student Loan Debt, where he offers advice on paying off student loans as quickly, and cheaply, as possible. His new website Forget Tax Debt, offers similar advice to people with back tax problems.

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  1. Also I was wondering, should my dad submit a separate borrowers defense for the devry loans under his social for us taking out parent plus loans for devry ?

  2. Mary Martinez says:

    Hello! I fit into the dates specified regarding loan forgiveness. The only thing I had received was a small check for about $400 and I still have over 10K in loans to pay off. Who can I contact to see if my loans will get forgiven?

  3. Has anyone had attended Devry and had success with the borrower defense? I filed my borrower defense April 2016!! I keep asking for updates and the say it is still in review.

    • Hi Bill,

      I’ve received several updates from people saying their borrower’s defense against DeVry was approved, but they’re just taking forever to get through all the applications. The Department of Education has been flooded with these ever since they were first announced.

  4. To apply for the borrower defense you are required to have proof of some wrong doing. It was so long ago I don’t believe I have anything laying around. What type of proof are you using to support your claims? I have federal and Wells Fargo loans if that matters.

    Thank you

    • Hi Lauren,

      The proof can be anecdotal type stuff. You have to be able to state, clearly, that the school violated some State or Federal law. Most people go with making false promises, or some sort of deceptive advertising. Promises like making a certain amount of money, getting a management position, landing a specific job title or job description, etc., are the easiest ones to come up with.

      What you may want to consider is hiring outside help from a debt resolution company, who does this all day, every day. My favorite company in the space is the Student Loan Relief Helpline. You’ll have to pay for their assistance, but having them help with your application dramatically increases the odds that you’ll receive an approval, since they know what to say, and how to say it.

      If you have Federal loans, call the Federal Student Loan Relief Helpline at: 1-888-906-3065
      If you have Private loans, call the Private Student Loan Relief Helpline at: 1-866-530-9946

  5. Got my refund, got a letter saying they are looking into my claim because I filled the BTDRP a couple months ago….This school needs to be closed, burned, pissed on,….etc.

  6. Is the borrowers defense something I can submit even if I’m still attending?

    • Hi Arlene,

      A couple people have asked this and here’s how I’ll answer: Yes, you could, but do you think you’d get an approval if you did?

      Borrowers Defense letters claim that the school violated some state or federal law. Typically, for making false claims, or pulling some kind of fraud, or offering false promises that the school did not live up to.

      If you fill out a letter claiming this, but you continue to attend the school and keep taking out more loans, then do you think the person reviewing your letter will really feel like you were defrauded? Or will they think you’re just trying to get your loans written off?

      I think you will have a better chance getting approved for a discharge if you’re not actively attending the school.

  7. I am trying to fill out the borrower’s defense to repayment form and have a question. It ask to submit documentation such as brochures, ads etc if we do not have any of those will we immediately be denied? Can and should we refrence the FTC case in our explanation? Want to fill this out the best I can and give myself the best chance to get an approval.

    • Hi Daniel,

      This is exactly why I send so many readers to the Student Loan Relief Helpline to get assistance with their applications.

      Yes, you should include documentation like brochures, ads, etc. in your letter. No, you won’t be immediately denied for not including them, but leaving them out decreases the odds that you’ll get approved.

      Yes, you should reference the FTC case in your explanation, since that sets a legal precedent that there’s been a problem with SO MANY other people, not just you!

      But most importantly, you’ve got to clearly state that the school violated some State or Federal law, and that they did it to trick you into signing up for their programs. You’ve got to make it VERY CLEAR that you would never have agreed to take out these loans had they not made those false promises, or set up false expectations.

      This is why it helps to hire an outside expert, who does these all day, and let them guide you through the process of filling out the application. This is especially true for people with huge outstanding loan balances, since you’re only going to get once chance at getting an approval to have all that debt wiped out.

      If I were you, I’d contact the Student Loan Relief Helpline and pay them for their help in filling out the Borrowers Defense to Repayment Application. They are absolutely experts at handling this process, and their assistance could make the difference in getting your loans discharged.

      If you have Federal loans, call the Federal Student Loan Relief Helpline at: 1-888-906-3065
      If you have Private loans, call the Private Student Loan Relief Helpline at: 1-866-530-9946

  8. I have 62k in Debt on Devry… And Have some questions. The information with the refund check came in($638.45) and stated: “This Payment does not prevent you from seeking other relief that may be available under Federal or State law. For Example DOE’s Borrowers Defense to Repayment provides loan forgiveness in certain circumstances…” So with that being said would you say that chances are good on filling out a borrowers defense claim only to the years within the settlement: January 1, 2008 and October 1, 2015 ? The FTC and DOE worked together within the case… So why would the DOE not do anything to help with students that were Deceptived? In the information with the refund check states”Devry ran advertisements that included deceptive claims on the likelihood of finding jobs in there field and earnings”

    Another question sorry… is there anything that will happen soon to prevent the borrowers defense? Does Betsy DeVos’s want to hold/do away with the borrowers defense?

    Last Question… Do you think Government didnt shut down devry because they were too big to fail?

    • Hi Brock,

      I would DEFINITELY fill out a Borrower’s Defense Against Repayment Application right now.

      Betsy DeVos froze the program in June to try and prevent everyone from getting the discharges, but if you get yours in now, you may still be covered under some sort of grandfathering clause even if they end up shutting it down completely.

      Getting your Borrowers Defense to Repayment Form submitted is probably the most important thing you could do for your outstanding student loans PERIOD. You need to do it quickly though, because the longer you wait, the more likely you are to not get an approval.

  9. Brittani says:

    Hi Tim,
    My husband graduated from DeVry and was fortunate enough to find a job 2 months after graduation. I believe his military background helped with his job placement. Do you think we still have a chance at getting his loan forgiven through the Borrower Defense to Repayment program. Although he was successful, we are still left with a $60,000 student loan!

    • Hi Brittani,

      It doesn’t matter if he found a job or not; if the school lied to you, made false promises, or violated some State or Federal law, then you can still apply and get approved for the discharge.

  10. Hi Tim!

    Thoughts on something here. I finished my last year and a half of my bachelors at devry in 2010 and 2011. $20,000 in private student loans. I just wrote a nice big $10k check to pay them off the first week of June. Today, I get a $320 check from the FTC for this whole Devry settlement. My question, am I able to go after them and get reimbursement for my $20,000 in student loans I paid off? My degree was a joke. Completely humiliating. I went ahead and filled out the Borrowers Defense application. Just not sure if my paying my student loans off early will have an impact on this or not. Or if I’m even eligible for anything. Thanks!

    • Hi Lynn,

      I would love to give you a straight answer, but I think your best bet will be to contact the Student Loan Ombudsman Group and ask them about this. This is a group of Government-backed lawyers (not a private company, not a for-profit company) who can provide legal advice regarding student loans.

      I’d like you to ask them what they think, then please come back and let me know what they say. You’ve got a few moving pieces that make it harder for me to determine what the proper answer would be, so I’m leaving it to the true experts. (Variables include that your loans are private, not federal, that you already settled, that you already received a check. Those all change the math).

  11. Sarah Rohr says:

    I just got my refund from ftc. For my govt loans through nelnet, I owe 61k.
    My ftc refund was 168 dollars. The letter from ftc with the check said to do the borrowers defence. Since I make 8.80 an hour at my job, I obviously can’t afford a lawyer so I’ll be filling it out on the website the ftc pointed to.
    168 dollars refund for 61k loans. I never got my degree because devry never told me at the start the loans would only cover 3/4 of the tuition.
    All I wanted was to have a good life. I’m 44 and attended 2010 to 2012 online. I tried got straight A’s, deans list, and got kicked and ruined for it. I pray the borrowers defence will zero out the loans so I can do a real school and become a psychologist which is my dream job. Maybe I have a 2nd chance. I hope so. I don’t want to pay for what was literally quite a few class tours. It’s basically what ultimately ended up happening. 🙁

    • Hi Sarah,

      It sounds like you’ve got a good shot at getting a Borrowers Defense Against Repayment discharge though, so I wouldn’t be too upset about this whole thing. It’s just going to take a little bit more time to get it all dealt with.

      You don’t need an attorney for the Borrowers Defense Against Repayment process either. If you don’t feel like you’re capable of explaining what was done wrong, then pay a very small fee to get help from the Student Loan Relief Helpline; they will make sure your letter is fully-compliant with what the Department of Education wants to see, and needs to hear, in order to authorize the discharge.

      It may cost a few hundred dollars for their assistance with the consultation, but isn’t that worth getting rid of the $61,000 debt???

      Call the Federal Student Loan Relief Helpline at: 1-888-906-3065

      • Matt McCollum says:

        I graduated in 2011 with $45,000 in student loan debt. To date, I still owe $22,000. I submitted my application to borrowers defense yesterday. Typically, how long does it take to hear back from them? Will they determine if DeVry has to reimburse me for the $23,000 I’ve already paid, or do I need to go through another avenue for that?



        • Hey Matt,

          It’s taking ages to get the response right now. I’ve had people say they haven’t heard back on their applications that were submitted over a year ago, but several months is probably the average length of time it’s taking for people to hear back. One problem I have is that people only come to leave comments on the site when they have problems. Very few come back to tell me when their applications are approved.

          I would say you should expect it to take around 6 months to a year to find out if you’ll get approved. It’s a crappy timeline, but it’s realistic at this point, as the Federal Government has been FLOODED with applications.

          • Matt McCollum says:

            Thank you! I’ve been following this thread regularly in hopes to hear how others have fared in their attempts. If/when I hear, I’ll comment and let others know my results.
            Thanks for continuing to respond to all of the comments!

  12. So as of now i haven’t heard anything from DeVry does that mean i’m not eligible? I was a student online in 2011 but as i said i heard nothing from them about settlement.

    • Hi Heather,

      Not necessarily – I would contact DeVry, your loan servicer, and then consider calling the Student Loan Relief Helpline as well (their numbers are plastered all over my site with ads, so call the Private helpline if you have private loans, or the Federal hotline is you have Federal loans). You may still be eligible, even if you haven’t heard anything from DeVry. This process has been bungled up pretty badly, so you have to do some of the work yourself (or pay someone like the Relief Helplines to do it for you) to figure it out.

  13. Jessica says:

    Just wanna say thanks Tim for all that you do on here.

  14. Mercedes Morrison says:

    I’m glad to have come across your site! I have heard that Devry University has gotten I trouble and refunds/debt relief was going to be offered to some, so I have been patiently waiting for more info.

    I went to Devry November 2013 to June 2016. And was 50k in the hole with them. I had planned on getting my bachelor’s degree with them but after looking at my aide and loans I would use ALL of it in the process so I dropped down to an associates degree because i told myself i refuse to walk away from this 50k debt with no degree. So I stayed and got it.
    And now I’m back in college with a community college and get seeing that 50k makes me so mad that if I would have started at a community college in the beginning it would have been only 12,000. Seeing the difference in this just hurts that a college would do that to a student.
    I really want to see this 50k, heck even half of it would be fine, gone.

    • Thanks for commenting Mercedes, and you hit on the dirty little trick of the higher education and student loan industry: there’s NO REASON to attend a 4 year institution when you can get the same degree, same quality of education, by doing 2 years at a Community College (for nearly no money), then transferring into the school of your choice for Upper Division courses, and the eventual big name on your degree.

      Unfortunately, too many people continue to fall for the ploy of the “4 year experience”, and bury themselves in debt over that dream. The reality is that college is a financial investment, not a fun time, and people need to start taking the business side of the equation far more seriously.

      Thanks for commenting, and hopefully you qualify for some of the refunds that’ll be distributed this Summer.

  15. I submitted a Borrower’s to Defense of Repayment and don’t know what to do next. I have no job, no money, and threatening bills that I cannot possibly afford. This school has done nothing to help mean and it literally just got me in debt with a sub par education. HELP!!!

    • Hi Ryan,

      You’ll just have to sit tight. You need to wait to hear back from DOE on whether or not your request gets approved. Make sure you keep making your payments along the way, as you cannot stop paying until you get written approval from the Federal Government, otherwise your interest will continue to capitalize and the amount you owe will continue to increase.

      • Okay thank you Tim. I went to an agency and they said I was pre-approved for a Borrower’s to Defense to Repayment but then they wanted money so I told them to go F**** themselves. I just did it myself online and included the ads they used to sucker me into their program. Now I am forced to live with parents, work a temp job, and was set-up to fail by this school. You can learn all from DeVry on youtube watching free videos. DeVry is a complete SCAM!! I can’t believe they are still open. I am waiting for my loans to be forgiven so I can have a second chance. NOT FAIR TO BE IN DEBT FOR A USELESS DEGREE!!

      • I know, I don’t even have a job!! I had to move back to my parents because of this school!

        • Brittani says:

          Hey Ryan,
          Sorry to hear how about the mess Devry has put you in. I wanted to ask where you found the Add’s from 2008-2015 with the false advertising. I would like to upload these for the Borrower Defense application. I am specifically looking for the add that states the average earnings of DeVry grads copared to those graduating from other colleges. Thanks!

  16. Tim, what validity is there for the student dept help services. So far my research is showing that most, if not all, of these services simply fillout and file paperwork which is readily accessible to borrowers on the federal student loan website.
    Even the FTC has a warning about using services requiring an up front fee:
    I only ask as I had called the number you have listed in other posts for help asked me to pay upfront for them to file the docs for me.

    • Hi Brent,

      Yes – they will charge you to handle the paperwork for you.

      The reason I still advocate using this service is that they make sure everything is done RIGHT, and they increase the odds that your petitions are successful. If you’re a detail-oriented person who is smart, knows how to follow explicit instructions, and can handle it all on your own, then there’s no real benefit to paying someone else to do the work for you.

      The main reason I suggest that people look into these services at all is that many of my visitors are confused about what they qualify for, what they should be doing, and how to go about it, etc. Some people don’t even know if they have public or private loans. As you can imagine, that makes it pretty difficult for them to qualify and receive any of the benefits I talk about on this site.

      In your case, it sounds like you don’t really need any assistance, and you can take care of everyone on your own.

  17. Anthony says:

    So there has been an update on the FTC page…
    It’s interesting to me.

    As I stated earlier in this process the FTC ruling was only going to benifiet persons who got their loans through Devry. However, I’ve read over this statement multiple times and to me this seems like folks who took loans out (it doesn’t specify DeVry as being the loan provider) via any method will be getting some payment by the end of Summer?

    I would like others input including yours Tim.
    Don’t want to get my hopes up like last time but it kinda seems like those of us who took out loans via banks or federal might be getting some relief?


    • Anthony says:

      I should mention that as many pointed out on the FTC comment section. Take into account the amount being sent out $49.4 million and that most people agree the amount of students this includes (50,000 or so) even if we do get money back it’s going to be a very small amount ($1,000)

      I know it’s at least something, but I agree that our best hope for really getting out of the mess DeVry put us in we need to pursue a Borrowers Defense Application as a means to get out of debt.


  18. Hey Eric,
    Which number did you use to call DeVry?

    Did they contact you regarding the FTC settlement prior to you calling them?

    • I called the same DeVry location that I went to school, you need to call same school that you went and ask for the person that is charge with this lawsuit refund. Usually they will have that person to call you back. I hope all of us can get some relief in this lawsuit refund.

  19. I have called DeVry and they said they don’t have any information on the debt Settlement they refer me to call FTC, 1-844-578-2645, and when I called that number there is an automated announcement which say’s FTC haven’t even started sending out any notification to current or former DeVry students, some people in this forum claim that they have received a check from DeVry, I don’t know who to believe anymore. All I know that I am one of the effected student that had a direct loan from DeVry through ECSI, but haven’t received anything regarding DeVry-FTC debt settlement yet as of April of 2017.

    • Hi Eric,

      It’s definitely a slow process, but I have been told that some people were contacted already by DeVry, and others (like yourself) haven’t had any notification at all yet. Is DeVry your loan servicer? If so, they should be able to provide you with at least a timeline for when you can expect to hear more.

      You could also try contacting the Department of Education to see what they think is going on.

      • I received a call from DeVry\FTC settlement location, that I am not qualify for this settlement because my direct DeVry loan through ECSI, I paid it off in 2015, they said only UNPAID portion will be refunded, same argument goes with the classes I took between 2008-2011 until I graduated in 2011, they would only refund UNPAID portion of tuition and books and other fees. So I’m not qualify for that either. DeVry is fraud School that anyway it can to rip off the students.

        • Hey Eric.

          Did you call DeVry before they contacted you from the DeVry/FTC settlement location?

          Which number did you call? I’m curious as I have over $60,000 in debt (federal loans) and attended DeVry. I feel cheated because I couldn’t land a job in my field for a while, they charged an arm and a leg for everything and to be quite honest – didn’t feel like I got proper education since I knew most of the stuff that they were teaching me ( web development program ).

          • Jake,

            Make sure to take a look at my page about the Borrowers Defense Against Repayment Program. Whether or not you technically qualify for the new version of DeVry Student Loan Forgiveness, you can still challenge the validity of your loans if you think they did some kind of fraud, or violated some state or Federal law. False advertising, as an example, would count.

  20. I paid over 4k to debt collectors for devry. In Oct 2016… Is there anyway I can get that money back?

    • Hi Stan,

      It is possible that you may be entitled to a refund, but the details on this program still haven’t been hammered out. Your best bet is to contact whoever services your loans to find out what’s going on with this process, or hiring a local attorney to start sending out threatening letters to try and compel some activity on their end. One final option would be contacting the Private Student Loan Relief Helpline to see what they think your options are. You can reach them at 1-866-530-9946.

  21. So, My loan stopped reporting from January to March 21 through the credit bureaus. I assumed I was one of the ones with debt forgiveness. After calling Devry, they said I didn’t have a loan with them. I was basically being charged for classes I dropped due to my child getting sick. I had told the advisor I didn’t want to start on my start day(I enrolled in Wednesday she had me started the following Monday.) Well Devry says classes don’t fall in the forgiveness part. Since its in collections I’m stuck with it and there nothing they can/will do about it to help either. Wish I hadn’t got my hopes up.

    • Bad plan to assume you had it made and stop paying… now you’re in trouble. I don’t know that you’ll have much recourse here since you didn’t follow the rules, but it may still be possible to challenge the validity of your loans. Call the Private Student Loan Relief Helpline and ask them if they can get you out of it. You will need to pay them to process the paperwork, but it’s not too expensive, so if you’ve got a lot of debt, it’ll be worth it in the long run. You can reach them at 1-866-530-9946.

  22. I have bin in debt and am barely starting to build up my credit again. I went to DeVry in 2006 and left in 2008 I think. I did not graduate, I jumped ship. They lied about the program and many things about it. They just told me what I wanted to hear and also I believe they paid off my high school to tell the teachers to tell the students that it was an acceptation school. Because when I asked the teachers, they were all positive. Anyway, I have a debt of about 60’000. I asked what my loan amount was and they said 15,000. The rest is pure late fees and interest. I’m getting letters from about 2 to 3 different places and the dept keeps getting sold to different companies, so I don’t even know ware the money was borrowed from. I was taken advantage as a kid with no knowledge of all these things. Also in the lone itself, they hid something in it that said if I failed and didn’t graduate, the interest would go from 5% to 18% or something like that. That place ruined my life. Also sense I didn’t pay because I couldent afford to, they want me to pay in full. No way I could do that. My mother died and I’m afraid that they will take the home that was left to me. I just want to know how to get rid of this debt. I don’t want to pay them anything. DeVry and these loan companies knew what they were doing. It’s borderline slavery. I haven’t gotten anything in the mail from DeVry. Also my student loans were private Sallie Mae loans. I just want to know ware to start. So I can get my life back together. At the moment I finally got a good job but need a car and guess what? Bad credit, so getting a car is a nightmare. Even with the good paying job. Any information would be vary much appreciated. Thanks.

    • Call the Private Student Loan Relief Helpline and tell them your story. See what they can do to help, as you’ll have options like pursuing a Borrowers Defense Against Repayment debt discharge. If they lied to you, then you’ll absolutely be able to pursue having your loans completely wiped out. You can reach the Student Loan Relief Helpline here: 1-866-530-9946.

  23. Hello Tim, and Anthony.

    Gentlemen, let me thank you for all of your diligence andbleg work on the DeVry debacle. I am one of those former students affected by the FTC settlement with DeVry. As of 3 days ago, I had received a refund check from DeVry for my monthly payment (which I had to figbt tooth and nail to get reduced every 6 months). As I figured this was a mistake and checked my statement on their loan servicer (ECSI) web site, it showed that my balance was zero and no more payments due. This was more than $20,000 that just evaporated. I had gotten a seemingly random email from DeVry that explained the settlement, but it was a generic canned letter sent out to everyone and did not specifically address my situation. After calling ECSI/Heartland, the simply told me that the show the account as “wrote off”.
    Using the information you have posted here, I am now starting the process to apply for the Borrowers Defence against Repayment program and hopefully get out from under close to $70,000 in federal student aid. Wish me luck.

    Also, do you happen to know if money payed towards the DeVry private loan will be refunded? Or is it only for the current outstanding balance? If previous payments aren’t refunded, I feel bad for those former students who have been able to mostly payoff that debt. As it is I have already paid out close to 8 grand before the debt was wrote off.

    • Good luck Brent, and don’t quit! Also – remember that Borrowers Defense Against Repayment is a legal process, and that hiring an attorney (especially in cases with high debt loads like yours) is recommended. I do not make referrals for attorneys as it’d be impossible to know good ones in all markets, but Yelp will be your friend in finding someone who can help.

      No one knows yet (for sure) whether or not all the money paid to DeVry will be refunded, but because there was specific language regarding refunds in the settlement letter, I am expecting that at least some percentage of the amount already paid will come back to the borrower. I agree that it would screw people over who were diligent and good about paying down their debt early, which is another reason I think the FTC will help set things right and ensure everyone gets a fair shake here.

      Good luck, and please do come back to let us know how it goes, especially if you get approval!

      • Ho Tim, I am having a hard time locating an attorney to assist me with the Borrowers defence letter. Do you know of a serch engine that can point me in the right direction. Legalmatch.com and others keep sending me to bankruptcy lawyers and other related searches just send me to advertisements and such. Please help! I want to try and get this done before the new Sec. Of Education hoses us all!

        • Hi Brent,

          I’d check Yelp. Or start calling up lawyers from the phone book. It’s not easy to find an attorney and will require some significant ground-pounding. When I needed a Copyright attorney, I had to send out about 100 emails before I finally found someone who could help.

          • Hello Brent, you can actually go on the Dept of Education and complete the Borrowers Defense package. It can be mailed or emailed. But i had issues emailing it so i mailed it via certified mail.

            Furthermore, keep in mind the Government has a 3rd party handling this program and has few answers other than wait and see! As far as finding an attorney, good luck. These cases are dragged out for years and very expensive. Take the money from the FTC and put it on your balance but ask for a settlement first before telling them you received a lump sum. Then once the money post to your account. Go to your bank or credit union and get a loan to pay off. Their interest rate is MUCH better than Navient! They have Class Action suits against them as well. So please reasearch and contact the attorneys that are handling the lawsuit and have them send you a claim form. It is just a matter of time before Navient will be paying out large settlements like DeVry.

    • Deidra Dawsey-Bull says:

      What/who is ECSI/Heartland?
      I got the same generic email but nothing else. Of course, I have moved 3 times since graduating in 2013.

    • Hi Brent,

      Was your refund from the private loans as described in the settlement?

      • Hi Yia, so far I haven’t been given a refund of any amount paid towards the tuition loan owned by DeVry. I did verify the outstanding balance has been cleared and I owe nothing now.

        I just recieved an email from the FTC stating that I should be receiving a refund of some perctage of what I have paid in to the loan over the last 7.5 years.

        When the debt was cleared they did send back a monthly payment I had made for December, in the mean time I had also sent a payment for January before that happened, when I called to see when that payment is to be refunded, DeVry student finances had told me the servicer, ECSI, is responsible for that, when I called ECSI, they told me DeVry is the responsible party to refund me. Being that I have been fighting for this for over 4 months now, I finally filed a complaint with the Better Buisnes Bureau. Next step will be to lodge a complaint with the Dept. Of Education and my state Attorney General.

  24. Hi Tim,

    I would like to start off by saying I am absolutely crushed by the results of this FTC ruling. I felt such a sense of relief when I first heard about it and was so hopeful I would receive some sort assistance with my loan debt.
    However, I am afraid this ruling is going to leave a lot of students without any sort of relief. Including myself.

    Let me start by reiterating the first line of the FTC ruling.
    “The settlement requires DeVry University to forgive and cancel the entire unpaid balance of all private student loans issued by DeVry University between September 1, 2008 and September 30, 2015.”
    The key word here is “private student loans issued by DeVry”

    I followed the blog on FTC’s site very closely

    I started to notice some folks report back their debt forgiveness / refunds from DeVry.
    There was pattern. People were only getting them if they had loans directly from DeVry.
    A lot people who have large federal loans began to ask the question, “what about us federal loan takers”.

    There is an FTC representative in the blog who kept repeating some of the same things to people questions. Bridget Small – FTC.

    She mentioned numerous times this settlement only covers loans that it directly originated and does not cover federal loans. Here is one quote

    “The FTC’s settlement with DeVry includes $50.6 million to provide loan and debt forgiveness for students who currently owe money to DeVry. DeVry is able to forgive only the loans that it directly originated. It does not have the ability to cancel loans that it did not originate.”

    I called DeVry and asked about my federal loans and a private Wells Fargo loan I have and she said this settlement does not cover those loans as they were, “not institutional loans”. They were loans that were not given out by DeVry thus can not be forgiven.

    Now for some of the positives and this is where I would like your input as well as any readers.
    I made a call to Ombudsman Group to get their opinion on what I should do.
    They think people in my situation have a good chance at filing a borrow defense.
    The FTC has already done the leg work on proving Devry’s false advertising that mislead students. Using their information they said I should try and file one.
    I called the help line found on https://studentaid.ed.gov/sa/ and spoke to a representative and asked them if I should file a borrow defense. He said absolutely.

    What are your thoughts?
    Should I get a lawyers?
    I feel like if the FTC (a government entity) feels so strongly about the unethical business practices of Devry that we have grounds to file a borrow defense. It just does not seem right that the government has acknowledged Devry is no good and lied, but since the loans were taken out in another way we cannot get any sort of relief.

    • Hi Anthony,

      Thank you so much for sharing these details with me and my readers! I think you have a fantastic chance at getting approval on a Borrowers Defense Against Repayment, and I would absolutely hire an attorney to help you write and file the proper paperwork.

      The Government does work in mysterious (and often stupid) ways, and sometimes legal restrictions prevent them from doing what’s “right”, since they have to do what’s “legal”.

      If I were you, I’d get started on the Borrowers Defense Against Repayment right away, especially since you received such positive responses from the Ombudsman Group, and the Student Aid Helpline.

      Really good thinking and thank you for doing this research as I think it’s extremely important.

      • Hi Tim,

        I have the federal and private student loans. My private loans are through Wells Fargo and Navient/Sallie Mae. I’ve attended DeVry between those years so I should be able to still apply for the Borrowers Defense Against Repayment correct? on the student aide website, it states that the Borrowers Defense Repayment is for federal loans so where I can I apply it towards private loans? Any websites or contact numbers available?

        • Hi SJ,

          Yes, you should use the Borrowers Defense Against Repayment Provision to challenge the validity of your loans. And yes, it does apply to Private loans as well. The reason it says for Federal loans on the “Student Aid” website is because that site is operated by the Federal Government, and they only talk about their own loan types.

          Call the Private Student Loan Relief Helpline and you can get some details about how this process works. If you want them to handle it for you, you’ll have to pay, but the call and conversation with them is free. You can reach them at 1-866-530-9946.

          • Brittani says:

            Hi Tim,

            Thank you for all of the great information. My husband attended and graduated at decry during this time. Although he was fortunate to get a job within about two much of graduation, he never got paid what Devry promised. He will forever be in debt and it seems almost impossible to pay off his loan. We started off with a privat loan through Sallie Mae and then consolidated and refinanced through the government student loan site Nelnet. Any idea if this will affect the Borrowers Against Revision form? Also, You keep mentioning that we should get a lawyer to help with the Borrowers Against Revision letter? I went to the website and saw nothing about a letter. Do we have to submit a letter along with the application or do you think it might be helpful to submit one with the application? Thank you!

  25. Jessica Quezada says:

    Has anyone received notification from Devry yet?

    • Deidra Dawsey-Bull says:

      That’s what I’d like to know. It’s Feb 1st and I have heard nothing, still, on my $60k + in debt.

      • It takes forever to get a resolution with these programs, and the Schools drag their feet as much as possible before actually doing anything about the debt.

        The only way to push for a faster end to the process is to pay an attorney or a debt settlement agency to go after the school on your behalf. Pestering them with phone calls, etc., typically won’t help at all, because they’re only going to act when there’s a threat of a lawsuit or other legal action.

        If you really want resolution, and you’re willing to pay for it, then I’d recommend calling the Private Student Loan Relief Helpline and asking them to pursue this on your behalf. You’ll have to pay them for their time, but they will get right on it, and should be able to get you a resolution much faster than simply waiting around for DeVry to deal with it.

        You can reach the Private Student Loan Relief Helpline by calling 1-866-530-9946.

  26. Hi,
    I contacted my direct federal student loan servicer and they had no answers or help for me other than pay your amount due now. I owe 55k in Federal loans from DeVry and I am in the timeframe outlined by the FTC. I have called and emailed my loan servicer and I get a generic response each time. They tell me I signed the promissory note and therefore am responsible.

    • Hi Dana,

      Is your Federal Student Loan Servicer Navient? Reason I ask is that they were just hit with three major lawsuits from the Consumer Financial Protection Bureau, alleging that they’ve been actively misleading borrowers, obscuring student loan relief benefits, and preventing people from accessing the financial assistance that they deserve.

      In fact, I think we’re just a few weeks or a couple months away from seeing one of the biggest student loan forgiveness benefits ever getting instituted, and I’ve written a page specifically about the topic. Check out my page on the Navient Student Loan Debt Cancellation and Forgiveness Program for details.

  27. Tim,

    Are you absolutely sure about your comment above regarding the scope of which loan types are included in the agreement?

    Here is the text from the final order, which clearly states that forgiveness only applies to “private” loans issued by Devry:

    A total of Thirty Million Three Hundred Fifty-One Thousand and
    Nineteen Dollars ($30,351,019) in forgiveness of unpaid private
    student loans that DeVry issued directly to current or past students of
    DeVry University.

    Link to the document: https://www.ftc.gov/system/files/documents/cases/161215_devry_stipulationrefinalorder.pdf

    • Hi Andrew,

      It looks like I was wrong about assuming that ALL DeVry related loans would be receiving forgiveness and refunds, because the ruling has recently been clarified that it’s ONLY DeVry issued debt which is getting automatic relief.

      However, it’s also emerged that anyone with debt related to DeVry is basically guaranteed forgiveness via the Defense Against Repayment Provision, so if you’ve got loans for DeVry that weren’t issued by DeVry, you need to get started working on your Borrower’s Defense letter ASAP.

  28. Great news! Does this also affect federal loans? I’ve searched around and can only find information specifying private loans issued by DeVry.

    • Hi Josh,

      Yes, this will apply to Federal Loans as well. It’s almost always easier to qualify for Federal forgiveness benefits, so you should be covered here as well. If you want to verify, contact the Department of Education, then come back and let me know if I was right so I can make sure that I’m not sending out bad info. Thank you!

      • Hi Tim and Josh,

        Reading the FTC blog is sadly does not look like this settlement is going to cover federal loans…


        If you search through this the Bridget “person” constantly says that federal loans are not covered.

        Really would like some more information on this

        • Thanks for the update Anthony. It’s a bummer, but I’m glad you did the extra step of checking on Borrower’s Defense Against Repayment, and I think that’s going to be the best way to proceed now. It’s a slam-dunk case, so at least you know the work you’ll put into crafting your application letter won’t be for naught. Thank again, I really appreciate your updates!

  29. How does this affect other students who went to school in 2003/2004. I attended and needless to say they were not good and I didn’t not benefit from an education there. I had trouble finding a decent job until I turned to a government funded program to assist with Technical Training and Job Placement.

    • Hi Mike,

      If you don’t qualify for the benefit based on the eligibility requirements in the post, then you won’t be impacted by this program at all. Unfortunately, there’s nothing on offer for anyone outside of the stated eligibility window.

      • Elijah Peters says:

        Can I get a lawyer and sue for he full amount I paid with my veteran school benefits? I would like to go to a real college and get a real degree that’s respected in he real world. I used most my gibill onndevry and would like to sue to get my money back. Is this possible? What type lawyer should I seek out? Thanks in advance Jim

        • Hi Elijah,

          You could definitely speak to an attorney about this, but a better option is pursuing the Borrower’s Defense Against Repayment option, which lets you get all your loans forgiven entirely. I’m not aware of any lawsuits where someone brought legal action against the school and received a full and complete refund. You will need to talk to a lawyer about it and see if they think it’s a possible route to take, but I’d say it’s highly unlikely to work.

  30. Hi Tim thanks for all your hard work.
    I was one of the unfortunate people who fell for this school and am in debt pretty bad.
    Looking back on it I am not sure what I was thinking. I was young, lost my parents, did not have much guidance. Also it was early 2008, so it was before I formed the habit of taking to Google to do research on everything I did in life. I asked my grandfather who worked for a well respected aerospace company his opinion and he said he knew guys that got good jobs after going there. Anyways doesn’t matter now. I just had one question for you and wanted to provide some information for other people reading this article.

    Question: While it seems like a lot of money. Most people who went to this school are over 50K in debt. I’m just not sure how far this money is going to go to help us out. What do you think?

    Some info: I contacted DeVry and they said they plan on providing notification to eligible students by Jan 18 2017. I found this out by taking some of your advice and contacting the school.


    • Thanks for the kind words Anthony, and thanks for letting me know that deadline of Jan 18th, I’m going to update the post to announce that to everyone else who’s in the same shoes.

      I do think that the money that DeVry is putting up will cover most of the education costs of the people impacted by their closure. I think you should be in a very good spot once all is said is done, with all or at least the vast majority of your debt entirely discharged, at no cost to yourself.

      It’s hard to say though – I don’t know how much outstanding debt there is for DeVry for the impacted time period. The good news? If your Jan 18th deadline is correct, we’ll know soon!

      Thanks Anthony, and please come back when you do hear from them to let me know what they said. I’d definitely be interested in finding out what they’re going to offer you.

  31. Any idea if students that already paid loans off will get anything back?

  32. This is great news for these students. Do you see a similar action coming for Trump U students?

    • IF Trump University got hit with a fine and penalty from the Federal Government, then it could happen. We’ll have to see how the Trump U cases get sorted out. Once he’s President though, the odds dramatically decrease…

  33. Please leave any comments, questions or concerns you have about this article here.

    • Why isn’t the ruling applicable for those who attended/graduated before 2008? I finished my last courses in December of 2007.

    • Hi Tim,
      Thanks for this information. I was wondering if the refunds apply to one of DeVry’s subsidiaries, namely Chamberlain College of Nursing. Please let me know, and thanks in advance.

      • Hi Margo,

        I’m not sure if DeVry’s subsidiary schools are included in this, but you could contact the Student Loan Ombudsman to find out. This is a free, Government-funded organization of attorneys who offer legal advice about student loans. I think they’re you’re best bet to getting a solid answer.

    • Hi Tim, thank you so much for this information, it was very insightful. I was also wondering if you knew any information on getting my federal perkins loan from DeVry forgiven as well, Please and thanks for your time and keep up the good work!

    • Rahyan Smith says:

      Hi Tim,
      I went to Devry during the stated time periods and received a bachelors degree. I’m currently repaying loans. Can I apply for the Borrowers defense against repayment? If so, do I need to provide proof of Devrys actions and do I need to enlist legal help?

      • Hi Rahyan,

        Yes, you can qualify, and yes, you do need to explain clearly what they did that was illegal or deceptive or fraudulent. I would recommend getting help from the Student Loan Relief Helpline, which is a service that handles all sorts of student loan debt issues, and who are experts at crafting Borrowers Defense to Repayment applications that get approved.

        You’re going to have to pay for their help, but if you have a large outstanding loan balance, then it will definitely be worth it.

        If you have Federal loans, call the Federal Student Loan Relief Helpline at: 1-888-906-3065
        If you have Private loans, call the Private Student Loan Relief Helpline at: 1-866-530-9946

    • I applied for borrowers defense today against DeVry after reading this last month. I did not seek outside help so I don’t know how it will go! Due to the HUGE amount I’m paying to Navient and Fed Loan servicing I can’t afford a lawyer or to pay anyone else. Thanks for this insightful read and please wish me luck!

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