Attention Student Loan Debtor's Who Used Loans For 2U Online Graduate Programs

2U, Inc. is an American education technology company that partners with universities and other educational institutions to deliver online degree programs, short courses, and boot camps. Founded in 2008 and headquartered in Lanham, Maryland, 2U has established itself as a significant player in the online education space. 2U's mission is to increase access to high-quality education by enabling institutions to offer their programs online, but it has had to navigate a complex and rapidly evolving market environment.

2U went public a decade ago, the company was out to prove it could make a splash in the notoriously difficult $550 billion U.S. higher education market. Furthermore 2U, Inc. is an contracted with non-profit colleges and universities University of North Carolina (Harvard University, Yale University, MIT, University of Pennsylvania, Columbia University, Georgia Tech, University of California, Berkeley, Pepperdine University, Rice University, and University of Texas), to build, deliver and support online degree and non-degree programs. However, the ed-tech sector witnessed a surge in competition, with numerous players offering online courses and degree programs. This competitive landscape exerted pressure on 2U's pricing power and market share to plummet.

2U had accumulated significant debt through acquisitions and investments. The company's financial struggles and decline in market value were largely attributed to external market conditions, competitive pressures, and internal strategic challenges rather than any illegal activities or fraudulent behavior. 2U faced criticism for its business model, high costs, and aggressive marketing practices, which led to concerns about the sustainability of its growth. However, these issues were related to the company's operational and strategic decisions rather than fraudulent actions.

Students who used federal student loans for 2U's online graduate programs for the University of University of North Carolina  and the University of Southern California and therefore may be eligible for debt forgiveness if they can prove that they were defrauded. If you are unsure we at the Law Offices of John T. Orcutt can assist you in this regard. Attorney Ed Boltz is a national Student Loan Expert and can offer a FREE over the phone consultation to answer your questions including general student loan debts.