Thousands of student loans forgiven after massive lawsuit

Thousands of student loans forgiven after massive lawsuit


PRONOUNCED DEAD AT THE SCENE. LAYTON POLICE BELIEVE HE WAS A TRANSIENT AT THE TIME… AND POLICE ARE TRYING TO LOCATE BEGAY’S NEXT OF KIN. IF YOU KNOW ANY OF BEGAYS FAMILY OR FRIENDS – YOU ARE ASKED TO CALL LAYTON POLICE. DON ALSO NEW AT SIX… A FIRE IN BOUNTIFUL CAUSES 100 THOUSAND DOLLARS IN DAMAGE TO A HOME… THREE ADULTS WERE INSIDE AT THE TIME OF THE FIRE BUT MADE IT OUT OKAY… FIVE CATS WERE ALSO INSIDE, BUT ONLY TWO WERE RESCUED BY FIREFIGHTERS. INVESTIGATORS SAY AN OVERLOADED EXTENSION CORD CAUSED THE FIRE. DON THOUSANDS OF STUDENTS ACROSS THE COUNTRY HAD THEIR STUDENT LOANS FORGIVEN TODAY… BECAUSE THEIR UNIVERSITY LIED TO THEM ABOUT WHAT THEY WERE PAYING FOR… INCLUDING STUDENTS RIGHT HERE IN UTAH. ABC4’S EDUCATION CORRESPONDENT SARAH MARTIN HAS THE STORY. :00-:12 :22-33 1:03-1:15 IMAGINE MAKING THE FINANCIAL LEAP TO GO BACK TO SCHOOL… AND GET A DEGREE… ONLY TO REALIZE THAT YOUR UNIVERSITY IS SCAMMING YOU. THAT WAS A VERY REAL NIGHTMARE FOR NEARLY 180 THOUSAND STUDENTS… UNTIL THE DEPARTMENT OF COMMERCE STEPPED IN. 1908DL.MXF 10:36:52;24 it adds up for Utahns to just under a million dollars. 36:55 A MILLION DOLLARS BORROWED FOR FALSE ADVERTISING FROM THE CAREER EDUCATION CORPORATION. 1908DL.MXF 10:37:14;19 concerns about misrepresentations on cost, job AGREED TO RESOLVE CLAIMS THROUGH A MULTI-STATE SETTLEMENT. 399 UTAH STUDENTS WILL HAVE THEIR LOANS FORGIVEN… AND THE UTAH DEPARTMENT OF COMMERCE WILL RECEIVE 50 THOUSAND DOLLARS. 1908DL.MXF 10:39:26;18 it is the responsibility of students to now what responsibility of students to now what they’re getting into, however schools also need to give accurate information 39:35 THE DEPARTMENT OF COMMERCE SAID THAT THESE

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