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Report: #1195053

Complaint Review: Drexel University - Philadelphia Pennsylvania

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  • Reported By: Knight — Philadelphia Pennsylvania
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  • Drexel University 3141 Chestnut Street Philadelphia, Pennsylvania USA

Drexel University Stole Unused Student Loans Philadelphia Pennsylvania

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Both my undergraduate and graduate degree was obtain from Drexel University. I worked full-time at Drexel University while obtaining my graduate degree part-time. I took 2 classes per term for 2 1/2 years to complete my graduate degree. One of the benefits in working full-time at Drexel University was its tuition reimbursement program; therefore my tuition was covered for my graduate degree. Meaning I only had student loan debt for my undergraduate degree.

Upon graduating Drexel University with my graduate degree, I was unemployed for the first 6 months, therefore I was unable to pay back my undergraduate loans right away. I finally got a job that did not pay well, which meant I had to concentrate on other bills and applied for a forbearance on my student loans. To make matters worse I suffered a house fire where I lost 95% of everything I owned and was homeless for 1 month. The good news is I finally got a decent job that enabled me to pay off all of my other debt leaving me to concentrate on my undergraduate student loans. Little did I realize that my debt included loans amounts for my graduate degree which was paid via Drexel's tuition reimbursement program.

After bringing this issue to Drexel's attention I was told they issued me thousands of dollars in checks over the course of 2 years for the extra money that did not applied to my tuition expenses. I provided Drexel with banks statements proving no money was ever received. I have contacted AES and provided them the same documents. I have gotten the cold shoulder from both entities. Drexel has pocketed and collected interest on approximately $42,500 and I being forced to pay it all back.

Has anyone else experienced a related issue involving Drexel University?

This is an ongoing battle. Any and all assistance is being accepted in resolving this issue.

 

 

 

This report was posted on Ripoff Report on 12/12/2014 05:04 PM and is a permanent record located here: https://www.ripoffreport.com/reports/drexel-university/philadelphia-pennsylvania-19104/drexel-university-stole-unused-student-loans-philadelphia-pennsylvania-1195053. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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