Consumer complaint received 2024-05-07
Product: Student loan — Private student loan
Issue: Struggling to repay your loan — Bankruptcy
Company: Nelnet, Inc. (NY)

I applied to XXXX XXXX in XXXX during XXXX XXXX XXXX XXXX XXXX. I attended XXXX XXXX and graduated with a XXXX XXXX XXXXXXXX from XX/XX/XXXX- XX/XX/XXXX. 

I was originally told that a very selective screening process was required for all XXXX  XXXX. That they must have a XXXX XXXX  that met certain requirements in order to attend. I was told that you needed a XXXX and XXXX scores on SAT 's at least to qualify. I later learned this was false and that they will let anyone attend that is willing to pay the exorbitant tuition costs. 
I had spoken to admissions officers and they said that they had connections with many high end fashion magazines, XXXX XXXX XXXX, and that they would be able to set me up with full time employment upon XXXX, it sounded like an amazing opportunity. I was a young XXXX XXXX XXXX fresh out of XXXX XXXX and was naive and didn't know any better unfortunately. 

After graduation, I was told that various high level internships/job opportunities would be available to me upon XXXX. All of which, were false and misleading. I had to find ALL of my own opportunities within the industry. After securing work in the field ( on my own accord ), I learned that XXXX had not set us up properly for real world XXXX XXXX in the slightest. I realized that I could have gotten into the industry on my own and learned through various ways including internships and apprenticeships while on the job in less amount of time it took to XXXX. I basically learned that XXXX was a complete waste of time as soon as I got into the real world of XXXX XXXX. 
I was guaranteed job placement after graduation. This was far from the reality. Even though I did well in school, I had to work for every post graduation work placement opportunity on my own. XXXX XXXX XXXX XXXX claimed XXXX XXXXXXXX + paying jobs after graduation. In reality, there are very little XXXX jobs that pay that much for graduates. You have work your way up through years of hard work to even get close to that level of work within the industry of XXXX. 
XXXX XXXX XXXX XXXX misrepresented themselves as the # 1 XXXX school in the country. That they had the most accredited faculty, connections, and setup for future jobs within the XXXX XXXX industry. After being in the XXXX industry for over 15 years now, I can tell you most certainly, that they have little to no connections and had little to do with my gaining XXXX job placement after graduation. 

I had accrued upwards of {$100000.00} in private & government student loan debt which I am still paying off to this day. My parents also took out at least {$25000.00} in parent plus loans as well to help fund my schooling, housing, and exorbitant unnecessary supplies & equipment costs associated. It feels like an insurmountable number that has been weighing me down with a heavy burden for over 15 years now. 

In XXXXXXXX XXXX XXXXXXXX, XXXX XXXX closed for good because of its predatory actions and loan services by the XXXX. So even if I wanted to continue my education elsewhere, my credits and degree would be null and void. 

I was recently part of a post-class action lawsuit in XXXX ( XXXX XXXX XXXX  ) based on predatory lending practices, spearheaded by former XXXX XXXX XXXX XXXX XXXX XXXX . She and her team won the case and all student who were part of the class action were able to get our federal/government loans forgiven. In my case about {$25000.00}. While this is a huge win for us, I'm now working towards getting my private student loans taken care of with FirstMark Lending and XXXX XXXX XXXX ( XXXX ) originally serviced with XXXX XXXX. This is even harder to accomplish as private student loans are notoriously unforgivable even under bankruptcy or death.