Mountain State University Loan Forgiveness

NON-PROFIT COLLEGE CLOSES DOORS, STUDENTS AT A LOSS FOR WORDS

 What is Mountain State University?

Mountain State University (MSU) was a private nonsectarian not-for-profit university based in Beckley, West Virginia, United States. The university ceased to operate effective January 1, 2013. MSU was previously listed as one of the best universities in the Southeast by The Princeton Review. The school had also been named a Military Friendly school by G.I. Jobs. The university was founded in 1933 as Beckley College, a junior college, and continued as such until 1991, when it achieved four-year status and was renamed The College of West Virginia. In 2001, the school was renamed Mountain State University. On June 28, 2012, the Higher Learning Commission, the regional accrediting authority for the North Central Association of Colleges and Schools, withdrew the accreditation of Mountain State University, effective August 27, 2012. The date was subsequently extended until December 31, 2012 to allow the university to ‘teach out’ those students close to graduation.

On August 6, 2012, MSU’s Board of Trustees formally appealed the withdrawal of MSU’s accreditation with the Higher Learning Commission. On December 18, 2012, the Appeals Panel voted to sustain the Commission’s action. MSU’s regional accreditation terminated on December 31, 2012. In May 2014, the Mountain State University Board of Trustees filed a lawsuit against the Higher Learning Commission seeking to restore the university’s accreditation.

On August 13, 2014, UC announced that a settlement had been reached between itself, MSU, and the plaintiffs in various lawsuits arising out of the loss of MSU’s accreditation.nMSU’s insurance company will pay $8.5 million, and MSU will liquidate all of its remaining assets. The settlement was given preliminary court approval on October 6, 2014. Final court approval was given on March 9, 2015. MSU’s former Beckley campus was sold to West Virginia University. MSU maintains its suit against the Higher Learning Commission, and maintains its $2 million life insurance policy on Dr. Charles Polk.

How Its Closure Affects Former Students

All degrees conferred on or before December 31, 2012 are valid and were received from an accredited institution. However, due to the closure of the school, former students may qualify for student loan forgiveness. It does not matter when you attended the school, only that you still have student loans remaining (refunds are not available for loans that were paid off). To see if you qualify, call (844) 692-6684.

Some tech startups, like American Student Aid, work to assist students who’ve had a poor educational experience at non-profit and for-profit colleges alike with their federal and private student loans. “We understand exactly how hard it can be to cope with looming debts in the face of a struggling economy, and we’ve taken the time to thoroughly examine the systemic options of optimized repayment and/or loan forgiveness, so that you can take the shortest path to moving forward. This is by no means an intention to slander or defame colleges like Mountain State University in any way. There are enough credible sources that we felt prompted to take action and offer our insights to any student faced with overwhelming debt or institutional injustice.”

Student Loan Forgiveness – To see if you qualify, call (844) 692-6684.

What is arguably the national crisis of total student loan debt currently exceeds 1 trillion dollars, according to a report by the Consumer Protection Bureau, and there have been widespread government initiatives to provide the opportunity for partial or total student loan forgiveness, as well as entrepreneurial social movement to provide real expediting services (at affordable prices for all), in the interests of restoring the balance of our economy.

American Student Aid is one service that helps students navigate the options and programs offered by the Department of Education, and provides real guidance for pursuing consolidation, reduction, and even total forgiveness of both federal and private student loans.

Because forgiveness applications can be so complex, services like American Student Aid provide a badly needed service to the thousands of Americans suffering from crippling, and in some cases unjust, student loans. American Student Aid’s core staff are dedicated young entrepreneurs, committed to providing a “smart fix” to this national problem, offering “no-strings” consultations, affordable pricing, and swift resolution. With more solutions-oriented services like American Student Aid entering the market place, it will be interesting to see what can be done about the national student loan debt. To see if you qualify, call (844) 692-6684.

6 replies
  1. Rhonda Adkins
    Rhonda Adkins says:

    I attended MSU LPN-BSN program graduated before they became uncredited but I also started in my master program and was screwed out grades credits and money. I was going to withdraw from a class due to failing 1 credit but after talking with teachers they agreed to let me retest and I passed but by this time the teachers had left and nothing was put in my records so I failed the class and it caused my GPA to drop so eventually I just with drew from the program and as it turns out it’s good thing I did or I would been deeper in student debt and no class to transfer

    Reply
    • admin
      admin says:

      Go ahead and give us a call at 855-771-4500 to see if we can help you enroll into any of the federal forgiveness programs that are available.

      Reply

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