07/01/2021
I am honored to be representing a group of former students who were tricked into an exorbitantly expensive and predatory kind of student loan known as an income share agreement. Not only were students lied to about the true long-term cost of these agreements, but the for-profit coding academy they attended was operating unlawfully for years without the necessary state approval in open violation of California law. The Bureau of Private Postsecondary Education ordered it to pay students back and halt operations, and it did neither. Instead the ISA provider and the school continue to aggressively collect thousands of dollars a month from students. It's time for the borrowers to get the relief they deserve. Huge thank you to the Student Borrower Protection Center for supporting us in this effort and spreading the word.
A group of 47 former students announced a groundbreaking lawsuit against Make School, Inc., a venture capital-backed operator of a for-profit coding academy, and Vemo Education, Inc., the largest provider of a risky kind of private student loan known as an Income Share Agreement.