Did you, or a veteran or family member you know, incur excessive educational loans for study at a for-profit institution? We can help.
About the Fund
The Veterans’ Student Loan Relief Fund provides free help and assistance to qualified active-duty military, veterans and family members who feel they have been defrauded or misled by the for-profit college or career/trade school they attended. To get started and get help, please click here.
Under the leadership of its Executive Director, Matthew Boulay, a veteran of the war in Iraq, the Fund has helped men and women pay down student loans they are burdened with as a result of attending a for-profit education company.
Have you had a bad experience with a for-profit college? Tell us about it.
Veterans returning from Iraq and Afghanistan are seeking college degrees and career training to jump start their civilian careers. Unfortunately, they are under attack from unscrupulous for-profit education companies, which see veterans and active-duty military are as goldmines, since each vet represents tens of thousands of dollars in federal benefits – including the Montgomery GI Bill and the Post-9/11 GI Bill – as well as federally subsidized student loans.
Recruiters aggressively pursue vets promising high-quality educations and high-paying jobs. But many for-profits leave students with substandard educations, non-transferable credits, useless degrees or no degrees at all, and with heavy student loan debt. The U.S. Department of Education has reported that students at for-profit colleges represent 13 percent of all college enrollments but account for nearly half of all loan defaults. The Fund’s mission to help these American heroes pay off some of their debt.