You Searched For "itt technical institute" and got 20 results
Sort By:
2 mins read
Biden's Education Dept. just wiped out $1.1 billion in student debt for 115,000 defrauded borrowers
Borrowers who went to now-defunct ITT Technical Institutes are receiving student debt relief over t…
Ayelet Sheffey
2 mins read
Biden's Education Department just cancelled $500 million of student debt for 18,000 defrauded borrowers
The for-profit ITT Technical Institutes shut down in 2016 amid fraud allegations. Education Sec. Mi…
Ayelet Sheffey
2 mins read
An agency that signed off on fraudulent colleges like ITT Tech that caused student debt to spiral is officially shutting down
ACICS, which accredited major for-profit chains, decided it will not appeal the Education Departmen…
Ayelet Sheffey
3 mins read
Biden's Education Department just wiped out $3.9 billion in student debt for remaining borrowers defrauded by ITT Tech following 'years of lies and false promises'
208,000 student-loan borrowers who attended ITT Tech got their debt balances canceled, along with s…
Ayelet Sheffey
2 mins read
It looks like the beginning of the end for ITT Tech
ITT Tech is under multiple federal and state investigations relating to the way the for-profit orga…
Abby Jackson
2 mins read
ITT Tech's closure is one of the largest in US history -and it was 'long overdue'
Ben Miller, a senior director at the Center for American Progress and a former senior policy adviso…
Abby Jackson
3 mins read
Mike Pence is calling for the federal government to repay veterans who spent millions to attend ITT Tech
While current students and those actively enrolled in past 120 days who made the decision to leave …
Abby Jackson
3 mins read
Here's what's in store for the 40,000 students left without a school now that ITT Tech has closed
The announcement that ITT Tech will close comes a week and a half after the department imposed sanc…
Abby Jackson
2 mins read
For-profit college ITT rallies 30% after filing earnings a month late
Just last month, the SEC announced that it was pursuing fraud charges against company executives be…
Corey Stern
13 mins read
A 32-year-old disabled vet thought ITT Tech was his ticket out of poverty - what happened shows everything wrong with the $35 billion for-profit education sector
The law mandates that for-profit colleges cannot receive more than 90% of their revenues from feder…
Abby Jackson
2 mins read
Millions of student-loan borrowers' payments are being 'wildly' mismanaged by a major servicer — and it might be time to terminate its contract, over 50 Democratic lawmakers say
Student-loan company MOHELA is facing two lawsuits over claims it mistreated millions of borrowers.…
Ayelet Sheffey
3 mins read
A Gen Xer got $112,000 in student loans forgiven after paying off a 'worthless degree' for over a decade. Now she can enter retirement debt-free.
Sheila Reed, 57, graduated from a school the Education Department later found fraudulent. She was "…
Ayelet Sheffey
4 mins read
Biden is still running on a promise to get student-loan forgiveness to 'as many borrowers as possible.' Here's where his debt relief efforts stand.
After the Supreme Court struck down Biden's first try at student-debt cancellation, he touted other…
Ayelet Sheffey
2 mins read
Student-loan borrowers just got an added layer of protection from schools that take advantage of them 'to make a quick buck'
"Schools that engage in fraud or misconduct are on notice that we may be listening," the Education …
Ayelet Sheffey
2 mins read
Biden vows to crack down on colleges 'jacking up costs' and causing student debt to spiral after Trump 'looked the other way'
Student-loan forgiveness isn't the end of the road. Biden will now turn his attention to colleges t…
Ayelet Sheffey
2 mins read
Canceling student debt for millions of borrowers 'cheated by for-profit colleges' isn't enough, Biden's Education Department says — it's time for the top executives to pay up
The executives of for-profit colleges that caused borrowers' student debt to spiral need to be held…
Ayelet Sheffey
3 mins read
Biden could protect student-loan borrowers from being stuck with useless degrees and a lot of debt by bringing back a rule Trump ditched, progressive lawmakers say
Trump's administration repealed the gainful employment rule, a safeguard for student-loan borrowers…
Ayelet Sheffey
2 mins read
Biden's Education Department wants $24 million from a for-profit school accused of causing student debt to pile up for borrowers
The department is seeking to recoup costs from DeVry over student-loan discharges for fraud. The sc…
Ayelet Sheffey
2 mins read
Student-loan borrowers should not be 'scammed out of an education and into a mountain of debt,' 3 Democratic lawmakers say. Here's how their new bill would help prevent that.
Sens. Dick Durbin, Elizabeth Warren, and Tina Smith introduced a bill to bolster oversight of for-p…
Ayelet Sheffey
3 mins read
An agency Elizabeth Warren criticized for exacerbating the student debt crisis and signing off on the 'worst for-profit colleges' just lost its federal recognition
Biden's Ed. Dept. stripped ACICS' federal status over failure to "adhere to high standards" when ac…