ITT Tech, one of the largest for-profit chains in the U.S. was barred from enrolling new students who use government loans in August this year, but decided to not enroll any new students. Now, as of ...
Key Points ・A new lawsuit says the Education Department is still reporting $4.6B in cancelled student loans as owed. ・PPSL estimates more than 300,000 borrowers from schools like ITT Tech and Ashford ...
WASHINGTON (AP) — Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found "widespread and pervasive ...
ITT Tech abruptly shut down its 130 campuses earlier this month, leaving 35,000 students without a degree and 8,000 employees without a job. But if you were paying attention, the school’s demise ...
The U.S. Department of Education announced Tuesday that it will cancel all remaining federal student debt taken on by borrowers who were defrauded by ITT Technical Institute since 2005, delivering ...
Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.” By Stacy Cowley The agency also sought to ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. The Education Department announced Thursday ...
Feb 19 (Reuters) - Shares of ITT Education Services Inc fell 17 percent Thursday, a day after the education company said its default rates will increase due to a change in laws governing federal ...