It would be helpful to have an attorney review what you signed to determine the contract that you signed. It might have included a huge amount of interest or that might have been the charge per year or it could have just been a mistake. None of us can tell you without looking at the documentation.
The information provided in this answer does not create an attorney-client relationship. If you are interested in his legal services, feel free to call Chris at (303) 409-7635 at his law office in the Denver Tech Center. All initial consultations are free of charge.
I would need a lot more information to answer this question. Is the school the direct lender? State or Private School? How much money have you received directly from student loans? How was the program cost "quoted" to you? What type of program is this? Etc.
If the school quoted you a total program cost of $9,696 and then charged you over $30,000 you may have a claim for fraudulent inducement. You had to have signed additional documents to take out the loans and it is hard to understand how you borrowed without noticing that you were taking out more than three times the amount you expected to pay. You may want to review all the documents with an attorney immediately as most claims have a limitation period of 2-3 years.
You can reach Harkess & Salter LLC at (303) 531-5380 or info@Harkess-Salter.com. Stephen Harkess is an attorney licensed in the state and federal courts of Colorado. This answer is for general information only and does not create an attorney client relationship between Stephen Harkess or Harkess & Salter LLC and any person. You should schedule a consultation with an attorney to discuss the specifics of your legal issues.