Consumer complaint received 2024-05-16 00:00:00
Product: Student loan — Private student loan
Issue: Dealing with your lender or servicer — Don't agree with the fees charged
Company: MOHELA
State: FL

Complaint narrative:
On XX/XX/XXXX, of XXXX I was approved for Borrower Defense for my Federal loan debt, the information about that event is as follows : -- Borrower Defense Application # : ( REDACTED, provided upon request ) Borrower Defense Application School : XXXX XXXX XXXX XXXX ( The ) Approval of Your Borrower Defense Case Under Exhibit C of the Sweet v. Cardona Settlement -- As my Federal debt was forgiven, and being as the Art Institutes have been found to be have defrauded students by the PA Attorney General ( see : https : //www.attorneygeneral.govXXXX ) I am writing to complain about my repayment of my private debt. 

In XXXX of XXXX, I consolidated my private, originally with XXXX, to XXXX XXXX This was done to remove my brother as a cosigner and to lower the monthly fee. That information is at the bottom of this document, but it can be expounded upon by request. 

I had no intention, originally, of obtaining private loan debt. During my time studying at The Art Institutes ( Online / XXXX ) I was told that Federal loans ( FFELP/Creative Plus? ) would no longer cover my tuition. As such, I was advised to supplement with private loans which were provided through XXXX ( XXXX. ) I had little options at that time, having sunk thousands of dollars of cost and years into a degree I could no longer afford. I obtained a cosigner and begrudgingly went forward. 

I applied and was given the private loans and finished my degree, albeit in massive debt, now mixed Federal and Private. This was always a burden but I made 100 % on-time payments despite that fact. That is, until I learned about the DOJ fining the XXXX for {$95.00} XXXX dollars in XXXX ( https : //www.justice.govXXXX ). This gave me pause because my school was owned and managed by the XXXX. I applied for defense to repayment, and my application was in limbo for a long time. Eventually, on XX/XX/XXXX, I was denied by the XXXX administration in the DOE. Eventually, due to the efforts of XXXX XXXX, all of our applications and some excellent attorneys, I was able to obtain full forgiveness on my federal debt in XXXX when the law suit was successfully won. A suit, which, was defended successful against appeal, over and over again before being finalized. 

Which brings me to today where I am currently saddled with private debt, consolidated from my original lender, for a degree that has been defamed and trounced upon by the shadow of illegitimacy cast by these settlements and forgiveness. My school is now the punchline of a joke I can't laugh at, indeed I am hesitant to even mention what school I attended at this point, so my degree is a byline of nothing more than past expensive mistakes. 

With that stated, while I have no qualms about paying back debt for products rendered in fair exchange, this is clearly not such an exchange. The school was found to be culpable in profiting off the backs of students like myself who foolishly sought out unique educational opportunities only to be pressed under the wheel of profiteering gluttony. This has caused the all too common problem of delayed entry into home ownership, slowed progress in all areas of life, and stress and strain in addition to the diminishment of our achivement by the affordmentioned shadow of shame now staining our degrees. 

I vehemently dispute that I should have to pay these private loans back, and I would humbly request the remaining debt be cancelled and a refund issued for any funds paid. This won't make up fully for being defrauded of tens of thousands of dollars, nor the over two decades of my life spent in debt, the loss of my degree 's legitimacy, nor the distrust I have for all the involved institutions, but it certainly would be a step in the correct, fair direction. 

-- Navient Loans : Loan data from XXXX : XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX  ) {$0.00} 8.000 % XX/XX/XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX  ) XX/XX/XXXX {$0.00} 8.000 % XX/XX/XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX  ) End Date XX/XX/XXXX {$0.00} 8.000 % XX/XX/XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX  ) XX/XX/XXXX {$0.00} 9.000 % XX/XX/XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX ( XXXX ) {$0.00} 9.000 % XX/XX/XXXX XXXX consolidation loans : Current Repayment Plan : Level Monthly Payment Amount : {$400.00} Payments Required : XXXX Maturity Date : XX/XX/XXXX Principal Balance Disclosed : {$47000.00} Date Loan Disclosed : XX/XX/XXXX CURRENT balance : Principal Balance : {$18000.00} Accrued Interest as of XX/XX/XXXX : {$45.00} Payoff Amount : {$18000.00} NOTE : More details can provided as needed.

Company public response: Company believes it acted appropriately as authorized by contract or law
Company response to consumer: Closed with explanation