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ITT Tech was being investigated at the state and federal level for its recruiting and accounting practices and for its high tuition.
The settlement secures $7.8 million in debt relief for ITT Technical Institute students in Arizona who fell victim to predatory loans.
Students from Kansas that attended ITT Tech will get more than $2 million in student debt relief.
ITT Tech's high tuition meant that many students needed a loan, with the school steering them to Peaks. The loans carried 16% interest rates and students struggled to repay, prosecutors said.
Thousands of former students of a closed for-profit college will have their student debt wiped out by the U.S. Department of Education.
MyComputerCareer.edu has dropped tuition costs by up to 37% for former students of the now closed ITT Technical Institutes (ITT-Tech).
In addition to preventing ITT from taking federal aid for tuition, the Department of Education says the institution must increase its reserves from $94.4 million to $247.3 million.
If you attended ITT Technical Institute at any point between 2005 and when it closed in 2016 and obtained federal student loans to pay for it, you may be breathing easier. The Department of ...
INDIANAPOLIS — A new settlement is providing debt relief for 1,354 former ITT Technical Insitute students in Indiana. The debt relief is part of a settlement with PEAKS Trust in partnership w… ...
ITT Tech students are at a loss after the for-profit trade school shut down all 130 of its campuses, including one in Wyoming.
The Education Department has approved another $500 million in loan-forgiveness requests from former ITT Technical Institute students who say they were swindled by the now-defunct chain of schools ...
Nearly 600 former students of the defunct for-profit ITT Technical Institute in Massachusetts will have more than $5.6 million worth of debt canceled.
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