I think it's a bit misleading to state that they're choosing to deny students access to federal loans. As far as I know they're only provisionally accredited and therefore do not qualify for federal loans, which are the only loans that the federal loan forgiveness program is in place for. Feel free to correct me if I'm wrong, but I don't think it's right to state that it was a choice on their part without some sort of proof. If you look
here they state that they're in the process of applying for Student Federal Aid (loans).