Have you heard of Corinthian College? Well, you're gonna wish you had, in a way.

Because those NJ residents who attended schools under their umbrella are off the hook for their loans! They're also going to get refunds for every dollar they paid for their "education" at these schools.

The story is this: Everest Institute, Everest College, Everest University, Heald College and Wyotech were colleges who operated under the blanket company called Corinthian Colleges, which has over 100 campuses in total throughout the United States and America.

The company began buying struggling schools and pumping money into them in the mid to late 90's to create a huge educational conglomerate. Despite incessant marketing, according to some reports unfairly targeting the poor and downtrodden with ads on "Maury Povich" and "Jerry Springer", the schools were plagued with endless financial and legal problems and ultimately shut down completely in 2015.

And as they say in the car business THEIR LOSS IS YOUR GAIN!!

According to state officials, thousands of New Jersey residents were students at these schools, and if you were one of them, you MUST jump on this opportunity to have your loans forgiven and get every single penny you spent refunded to you.

For more information on how to get your loans forgiven, click the link here.

More from New Jersey 101.5:

Dennis & Judi are on the air weekdays from 10 a.m. to 2 p.m. Tweet them @DennisandJudi or @NJ1015.

Sign up for the NJ1015.com Newsletter

Get the best of NJ1015.com delivered to your inbox every day.