Regency Beauty Institute Loan Forgiveness - News - regency-loanforgiveness.com
Regency Beauty Institute
Student Loan
Forgiveness
For Federal & Private Student Loans
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Regency Beauty Institute Loan Forgiveness

Regency Beauty Institute Loan Forgiveness Regency Beauty Institute closure began in 2015 the institute paid out $450k in off the clock work to their admissions representatives. There are also allegations regarding financial aid, and unfair practices in recruiting. In 2015 Regency was put on weighting cash monitoring by the Department of Education for financial responsibility. If you are a victim to the predatory practices of for-profit colleges, you may qualify for a Regency Beauty Institute Loan Forgiveness. We highly advise you call us immediately to see how we can help. Give us a call at (844)500-1138

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Timeline of Events


2010

Through 2010, Regency required their admissions employees to work 45-55 hours per week, sometimes more, in order to meet constantly increasing recruitment goals. Regency avoided paying overtime compensation to these employees by misclassifying them as salaried employees.


2013

On February 18, Madia Law filed a class and collective action lawsuit in federal court against Regency Beauty Institute (a national for-profit cosmetology school) on behalf of employees in Regency’s admissions department who were: (1) initially misclassified as “salaried” employees, (2) were not paid for time worked over forty hours during the misclassification period, and (3) after they were properly classified as “hourly” employees, were required to work off the clock so Regency could avoid paying them overtime wages.


2016

Regency Beauty Institute abruptly closes all of their campuses permanently on September 29. The school cited multiple reasons for closing, including declining numbers of cosmetology students nationwide and a growing negative characterization of for-profit education.

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