Genesis Loan Forgiveness

For Private Student Loans

With the now defunct Corinthian Colleges, private student loan Genesis has been a hot topic of discussion. In 2015 the Consumer Financial Protection Bureau secured $480 million in debt relief for current and former Corinthian College students. If you took out a Genesis private student loan you may qualify for one of the private student loan forgiveness programs. If you are a victim to the predatory practices of for-profit colleges, you may qualify for one of these programs or for debt invalidation. We highly advise you call us immediately to see how we can help. Give us a call at (888) 408-5491

Timeline of Events

2003

Genesis Capital is formed and create private student loan Genesis.

2014

Consumer Financial Protection Bureau sues Corinthian Colleges for luring tens of thousands of students to take out private loan Genesis by advertising jobs prospects and career services.

2015

Genesis becomes industry leader originating over $1 billion in loans.

2015

Federal Judge orders Corinthian Colleges to pay $550 million to Consumer Financial Protection Bureau.

2015

Consumer Financial Protection Bureau secures $480 million in debt relief for current and former Corinthian College students.

2015

Educational Credit Management Corporation, a non-profit, takes ownership of more than half of Corinthian Colleges campuses, and also agrees to forgive student loan debt on Genesis loans after a series of years.

2015

Students at Laramie’s Wyotech Technical School are eligible for a loan break from Genesis.

2016

Report finds the agency that accredited defunct Corinthian Colleges ignored warning signs.

2016

There are currently options available for Genesis loan forgiveness.

Loan Forgiveness

In cases of for-profit school closures: You may qualify for one of the private student loan forgiveness programs.

If you went to a for-profit collegeĀ and took out a Genesis loan, you may qualify to have your loan invalidated.

See If You Qualify

Fill out the form below or give us a call at

(888) 408-5491

Verify Eligibility