How to Qualify for a Walden Student Loan Refund or Discharge
NEWS ALERT: On Thursday, December 13th 2018 the Department of Education announced that they’re approving $150,000,000 in Borrower’s Defense to Repayment Discharges, including discharges for people who attended Walden University.
If you’ve already submitted your Walden BDAR application, then there’s a great chance you’ll receive forgiveness during this wave of approvals, so be sure to monitor your email closely, as DOE started issuing alerts notifying borrowers of approvals on Friday December 14th.
And if you haven’t already submitted your Walden Borrowers Defense application, then I’d suggest getting it in TODAY so that you stand a chance of being included in this round of approvals!
In 2019, former students of Walden University can easily eliminate their debt via the Borrower’s Defense To Repayment Program, which allows you to wipe out the entirety of your outstanding student loan loan balance and potentially even qualify for a refund for any amount of money you’ve already paid back!
Before your red flags rise, know that this is a 100% legitimate, US government-backed program, and not at all one of the popular Student Loan Forgiveness Scams floating around these days.
In this article, I’m going to give you all the details you need to figure out how to use the Borrower’s Defense Program (BDAR), including who qualifies for a discharge and how you can write your application to increase the chances that it’ll get approved and you’ll receive complete student loan forgiveness.
If you’re a former student of Walden University in desperate need of loan forgiveness, then you’ve you’ve come to the right place.
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The Walden University Class-Action Lawsuit
Walden University has been accused of fraudulently misrepresenting the time required to complete its degrees and deliberately throwing hurdles in the path of students in order to slow down their progress and keep their student loan money flowing into the school’s coffers, each of which are highly illegal (not to mention immoral) behavior.
The school has also been accused of having a culture driven more by enrollment numbers than the academic progress of its students, which is highlighted by the fact that Walden spends more money on marketing than it does on instruction.
And while this news may be sad to former students, you should also be celebrating, because the fact that they’ve been accused of this grossly illegal behavior means that you have a really good chance of qualifying for a Borrower’s Defense Discharge and 100% forgiveness for any student loans you owe the school.
Discharging Walden University Loans via Borrower’s Defense Against Repayment
The US government created the Borrower’s Defense program to help people who are buried in debt from schools that weren’t acting in their best interests, typicaly because the school did something illegal in order to convince the person to borrow money to attend their higher education program.
Because Walden University has been slapped with a damning class action lawsuit that goes through all their illegal behavior in detail, all former students of the school are eligible for the Borrower’s Defense To Repayment program, and we highly recommend that you apply to this program as soon as possible.
Now, you might be thinking that this is a longshot and that it’s probably more trouble than it’s worth, but that’d be entirely wrong, because right now former students of Walden University are using the Borrower’s Defense program to discharge their student loan debt, and you can too!
All you need to do to qualify for a Walden discharge or refund is to link the school’s legal troubles to your Borrower’s Defense claim. Keep reading because I’m going to explain exactly how to do that.
If you properly fill out the Borrower’s Defense application and your loan servicer processes it correctly then you are almost guaranteed to receive not only student loan forgiveness, but also a refund for any payments you’ve already made toward the loan.
How to Write Your Borrower’s Defense Claim
The most important thing to remember is that you absolutely must stress Walden University’s legal problems, and you need to tie those problems to your own experience with the school. That means that you’ll need to do a bit of web research and familiarize yourself with their fraudulent activity (or at the very least, read the entirety of this post).
The second thing you need to do is emphasize that you wouldn’t have taken out the student loan to attend Walden had the school not engaged in fraud. In other words, if Walden University had told you the truth about their average program completion time, then you wouldn’t have signed for that student loan because it wouldn’t have seemed like the great deal they made it out to be.
Since Walden University has had lawsuit troubles it will be fairly easy for you to prove that they misled you via false advertising. However, you’ll need to be very specific about what the school did that convinced you to take out the loan. What did they tell or promise you? You’ll need to include that in your claim on the BDAR application..
Let’s take a look at what Walden University has been accused of doing that got them embroiled in class action lawsuits. While you’re reading through this, remember, If Walden did any of these things to you, then these are the reasons that your student loan should be forgiven, and these are the things that you should reference on your Borrower’s Defense application.
What Fraudulent Activity has Walden University Been Accused Of?
Walden University has been accused of having a company culture that revolves almost entirely around enrollment numbers, rather than education. This caused them to misrepresent the school to prospective students. I will go into more detail about what they did in the next section.
What I want you to understand here is that it’s not enough to simply point out on your Borrower’s Defense application that Walden University was involved in shady activities. You need to prove that they did these things to you personally.
As you read through the list of things that Walden has been accused of doing ask yourself if any of this sounds familiar. If it does, you need to apply for the Borrower’s Defense program and use the application to state that the school did these things to you personally.
Walden University’s Illegal Marketing Activities
According to the class-action lawsuit filed against them, Walden University:
- Misrepresented the length of time it would take to complete a degree program
- Threw hurdles in the path of students trying to complete their degrees in order to keep the student loan money flowing in
- Employed instructors who weren’t engaged with or interested in the academic progress of their students
Did you personally experience any of these things while you were a student at Walden University? If so, you can use these as the reasons why your student loan should be discharged.
Where Can I File My Borrower’s Defense Claim?
You can file your Borrower’s Defense claim by going through this wizard on the US Department of Education website. Do not file it anywhere else! This is the official application set up for the Borrower’s Defense To Repayment program.
You should be extremely careful about filing a claim anywhere else. Whenever there are people in desperate need there will be scammers trying to take advantage of them, and you certainly don’t want to become one of their victims. File your Borrower’s Defense claim here at the official US government website.
Checking The Status of My Application
Unfortunately, Borrower’s Defense claims are taking quite a bit of time to process right now, for a variety of reasons that we don’t need to go into.
But suffice to say that I’ve received reports from people who waited over a year before they heard anything about their application at all, so you need to get your application in as soon as possible, then start the long and difficult process of sitting tight and waiting for a response.
Get your application in now, because Secretary of Education Betsy DeVos has been trying to abolish the Borrower’s Defense program since she was elected (she’s good friends with the for-profit schools and student loan servicing companies who make money off excessive student debt).
The reason you need to apply now is that if you can get your application in before she successfully bans the program, you should be grandfathered in and still receive forgiveness.
Will I Owe Taxes on Forgiven Debt?
The IRS considers forgiven student loan debt as taxable income. Which means that yes, you will owe taxes on the amount forgiven. And as if that isn’t bad enough, it gets worse, because the IRS will want the money in one lump sum payment, rather than spread out over years like you’re able to do with your student loans.
Here’s how it works. Let’s assume that you receive student loan forgiveness to the tune of $100,000. If your income tax rate is 30% you will own the IRS $30,000. That’s a hefty chunk of change, and one that most people simply won’t be able to come up with at the drop of a hat.
While this is creating a terrible situation I’m referring to as the Student Loan Forgiveness Tax Bomb, I’m doing everything I can to help people like you avoid IRS issues by creating a new site called Forget Tax Debt, where I walk you through tax-related problems like this in detail, offering advice about how to fix things.
If you, or someone you know, needs help getting rid of IRS tax debt visit Forget Tax Debt, where you’ll learn about things like Filing & Paying IRS Back Taxes, successfully negotiating IRS Tax Debt Settlements, signing up for and being approved for The IRS Fresh Start Program, and applying for and receiving IRS Tax Debt Forgiveness.
Where Else Can I Ask Questions?
If you have questions about general student loan problems whether you need help with Private or Federal loans, then be sure to check out some of the other pages on my site, which offer advice on everything you could think of related to student debt.
If you’ve got Federal loans, make sure to look at my pages on Federal Student Loan Debt Relief, Federal Student Loan Forgiveness Programs, The Borrower’s Defense Against Repayment Program, the Closed School Discharge Program, Federal Student Loan Bankruptcy Discharges, Federal Consolidation Programs and Federal Student Loan Repayment Plans.
If you’ve got Private loans, then you’ll want to visit my pages about Private Student Loan Debt Relief, Private Student Loan Forgiveness Programs, Private Loan Consolidation, Private Student Loan Bankruptcy Discharges and Private Student Loan Default Help.
And for issues with Walden forgiveness and your Borrower’s Defense Application, the best place to go for information is the official website from the US Department of Education.
I want to caution you again about getting your information from anywhere else. Yes, there is some good information out there from entities that aren’t associated with the US government, because scam artists and sleazebags are running amok in this industry and they will milk you for every dollar that you’ve got. Stay safe out there!
Finally, even though I’m not a representative of the US government and so I can’t speak on the topic with any official authority, I would still be happy to answer any questions you might have about the Borrower’s Defense program, Walden University student loan forgiveness, or just about anything else related to student loan debt. Feel free to leave me a message in the comments section below and I’ll get you a response as soon as possible.
Disclaimer:Information obtained from Forget Student Loan Debt is for educational purposes only. You should consult a licensed financial professional before making any financial decisions. This site receives some compensation through affiliate relationships. This site is not endorsed or affiliated with the U.S. Department of Education.