A father of two has sued the U.S. Education Department after being denied student loan relief for a college that shut down, leaving him with significant debt but no degree. The lawsuit alleged that borrowers entitled to debt cancellation under the department’s own rules were instead being required to keep paying.
Here’s what to know
Kendrick Gaussoin was a student at the Brooks Institute, a for-profit, art-focused college, when it shut down in 2016 due to financial challenges and stricter oversight of for-profit schools, according to Business Insider. Under Department of Education rules, Gaussoin should have had his student debt eliminated through a “closed school discharge.”
However, Gaussoin’s lawsuit alleged…