Corinthian (and therefore Everest itself) came under scrutiny from Federal regulators and watchdog agencies for misrepresenting its post-grad placement rates and targeting vulnerable, low-income students by pressuring them to take out student loans in order to attend the school.
In the Attorney General of the State of California ordered Corinthian to pay $1.1 billion in penalties and restitution for false advertising, which means that Everest has been not just accused of false advertising, but proven to have committed that illegal activity.
This opens Everest College up to Borrower’s Defense Against Repayment Discharge proceedings, meaning that anyone who attended the school can use this evidence of fraudulent behavior as the reason why their Everest loans shouldn’t exist at all, and should be officially wiped out.
If you still owe Everest money, pay close attention to the rest of this post, because I’m going to show you how you may be able to get the debt eliminated completely.
Anyone who took out a loan to attend a school that committed fraud against them is eligible for loan forgiveness or loan discharge via the Borrowers Defence Against Repayment Program.
This is a program created by the Federal Government to protect borrowers who were illegally convinced that should attend schools who couldn’t live up to their promises, and which may allow you to wipe out all the debt you owe for your Everest education.
How? Because Everest College (via the Corinthian Colleges lawsuit) has been proven to have broken the law, which means that all you need to do is prove that Everest lied to you, personally, and that it was only because of their lies that you were convinced it’d be a good idea to borrow money to attend their school.
Are you thinking that this sounds too good to be true? Don’t worry, Everest College loan forgiveness is the real deal, and this is no scam. Other former students of Everest College are already having their student loans forgiven right now, which sets a precedent for forgiveness, and means that you could get your debt wiped out too!
Keep in mind though that you’re going to need to link the lawsuit and Everest’s illegal marketing activities to your personal claim, which means you’ll have to be able to explain exactly why you deserve to receive a discharge, but as long as you actually did experience their false advertising claims, or some other form 
of fraud, then you should be good to go.
One thing to keep in mind is that you do need to take your time with the BDAR application, because you really only get one shot at this process, and because if you fill it out correctly you stand a very good chance of having your student loan forgiven.
How to Write Your Borrower’s Defense Claim
The most important thing to know about writing the Borrower’s Defense Claim is that you must emphasize that the school engaged in illegal activity which directly impacted your decision to borrow money so you could pay for their program costs.
If all you do is point out that the school broke the law, got caught, and was punished, then you won’t be approved for a discharge of your own, because you have to prove that the only reason you thought it was a good idea to attend Everest was because they defrauded you.
If you’re one of the truly lucky ones, then you may even qualify for a refund for any money you’ve already paid toward the loan
Your BDAR application should focus entirely on explaining how you would have never taken out a student loan to attend Everest College if the school hadn’t engaged in fraud by lying to you about their placement and job success rates,