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The Idaho students' share of the 12-state pact will be $1.5 million, making up 75 percent of the total amount they borrowed from Student Loan Xpress to finance classes at Silver State Helicopters. Silver State operated 34 flight schools, including a location in Boise.
By 2008, Silver State had discontinued operations, but many students were left owing Student Loan Xpress a substantial amount of debt for training and certifications they'd paid for but never received, according to the Idaho attorney general's office.
Nationwide, about 2,300 people will benefit. Eligible students will automatically get the benefit unless they "opt-out" of a pending federal class-action lawsuit.
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