Student Loan Forgiveness For Le Cordon Bleu

For years, students of Le Cordon Bleu have been requesting student loan forgiveness. Now, that request is a reality. The story begins with a legal battle between the career education company Career Education Corporation (CEC) and the Illinois Attorney General Lisa Madigan. In 2015, CEC settled the lawsuit with Madigan by agreeing to pay $5 million in loan forgiveness to student borrowers who attended schools owned by CEC including Le Cordon Bleu. According to the complaint, CEC encouraged students to take out thousands of dollars in federal loans – even if graduates would not be able to find jobs in their field of study. The Attorney General’s Office received over 100 complaints from students that were misled about job prospects for their chosen fields by CEC schools

For years, students of Le Cordon Bleu have been requesting student loan forgiveness. Now, that request is a reality.

For years, students of Le Cordon Bleu have been requesting student loan forgiveness. Now, that request is a reality.

The Chicago School of Entrepreneurship (CEC) agreed to pay $5 million in loan forgiveness to the students at their schools who were misled about job prospects and employment assistance. The settlement terms are included in an agreement between CEC and Illinois Attorney General Lisa Madigan’s Office.

“Students across the country enroll every year with hopes of making it big in their chosen field,” Madigan said in a statement. “These students were promised an education and a future they couldn’t realize because they were lied to.”

The story begins with a legal battle between the career education company Career Education Corporation (CEC) and the Illinois Attorney General Lisa Madigan.

Here’s the backstory: In January 2015, Career Education Corporation (CEC) was sued by the Illinois Attorney General Lisa Madigan for allegedly misleading its students about their career prospects post-graduation. The lawsuit alleged that CEC had violated state consumer protection laws by misrepresenting student loan debts and depositing money into its own coffers rather than paying off graduates’ loans as promised.

In April 2016, CEC settled with Illinois to avoid further litigation costs by agreeing to pay $5 million in loan forgiveness to former students who were enrolled at one of seven schools owned by CEC at the time of enrollment between 2008-2011.

In 2015, CEC settled the lawsuit with Madigan by agreeing to pay $5 million in loan forgiveness to student borrowers who attended schools owned by CEC including Le Cordon Bleu.

In 2015, CEC settled the lawsuit with Madigan by agreeing to pay $5 million in loan forgiveness to student borrowers who attended schools owned by CEC including Le Cordon Bleu. The company also agreed to forgive debts of other students at its other schools if they agreed not to sue or join any class action lawsuits against the company.

According to the complaint, CEC encouraged students to take out thousands of dollars in federal loans – even if graduates would not be able to find jobs in their field of study.

According to the complaint, CEC encouraged students to take out thousands of dollars in federal loans – even if graduates would not be able to find jobs in their field of study.

The law firm representing the plaintiffs cited a case where an individual was encouraged by CEC to take out $50,000 in federal loans. That student graduated with an associate degree in culinary arts but did not find employment at any job that required such training. She has been unable to repay her debt and suffers from depression and anxiety due to her inability to pay back these debts after being unable to find work as a chef.

The Attorney General’s Office received over 100 complaints from students that were misled about job prospects for their chosen fields by CEC schools.

• The Attorney General’s Office received over 100 complaints from students that were misled about job prospects for their chosen fields by CEC schools.
• Students complained that they were encouraged to take out loans they couldn’t afford and then had trouble finding work in their fields after graduation.
• A number of former students have filed lawsuits against the school, alleging that the college misled them about job prospects and what kind of employment they could expect after graduating from CEC schools.

Students of Le Cordon Bleu can now get forgiveness for their student loans.

If you are a graduate of the Le Cordon Bleu, there is a chance that you can get your student loans forgiven. The government has set aside $350 million to give out to students who enrolled in culinary arts programs at Le Cordon Bleu before July 1st, 2019. This means that if you graduated from one of these schools after that date and have been working as a chef for 10 years or more, then you might qualify for forgiveness too!

Eligible students should apply for their loan forgiveness by January 1st 2022 using this form here: https://docs.google .com/forms/d/e/1FAIpQLScN0h5xHchwW8Bk- 8Znfi6YfDlPcahzPvFjK7_Fs5_JgYPwSZjGqZ3JUq3pA/viewform

Students who attended a Le Cordon Bleu school between July 1, 2006 and December 31, 2012 can now apply for student loan forgiveness. The application process is simple and straightforward. All one needs to do is fill out an online form with their contact information, the name of the school they attended along with a brief description of why they should be forgiven their student loans. Once the application has been submitted, it will take about 60 days before students hear back about whether or not their request was approved or denied.