Full Sail/Sallie Mae/Navient
The Purpose of this page is to warn people about companies and
organizations that I or my loved ones have had bad experiences
Sail University / Sallie Mae / Navient
In 2006, my son-in-law
decided to get a degree and improve his career
He found Full Sail and since I had seen their ads in
computer magazines that I subscribed to, I encouraged him to
Full Sail was real good about providing financial aid. They
worked through Sallie Mae and got loans for tuition and
Full Sail encouraged students to get loans for living
expenses and not to work part-time so they could focus on
completing their degrees.
Full Sail told students not to worry about the amount of
loans they were taking out, because they would help them get
good paying jobs and they would be able to pay off all their
loans in about a year or so after graduating.
Full Sail asked me to co-sign a loan every term, so that he
would get a better interest rate. I thought the loans that I
was cosigning were the only loans, therefore the risk of my
son-in-law not being able to pay them would be very low.
My daughter saw how her husband was thriving in his studies
and decided to go to Full Sail a term later. I also
co-signed loans for my daughter, thinking that they were the
only loans she had.
I knew my son-in-law had one loan from the term before I
started co-signing loans for them.
What I did not find out until January 2021 was that Full
Sail University and Sallie Mae (now Navient) made it a
practice of loading up students with the maximum amount of
Federal Student Loans and then piling Private Loans on top
of the Federal loans without notifying co-signers of the
existence of loans that would practically ensure that
co-signers would be making all the payments on the loans
they co-signed rather than just "being responsible for the
loan if the borrower were unable to pay."
Also when a student went back to school to study something
else because the promised jobs they trained for at Full Sail
University did not exist (partially due to the school
over-promising and partially due to the Great Recession),
Sallie Mae/Navient put a limit of 48 months deferment of
payments, when the loan contracts did not specify any such
I am surprised that Full Sail University was not mentioned
AG Multi-State Settlement
Written 12 Jan 2021, updated 19 Jan 2022.