Question: Dear Steve, I attended ITT tech in 1995 but didn’t finish. I only attended for one year but still owe a federal student loan. The IRS has taken my federal tax returns every year for my student loan. I have never worked in the field I was going to school for. I left because …
Nearly 16,000 borrowers will receive $415 million in borrower defense to repayment discharges following the approval of four new findings and the continued review of claims. This includes approximately 1,800 former DeVry University (DeVry) students who will receive approximately $71.7 million in full borrower defense discharges after the U.S. Department of Education (Department) determined that …
I admit there is nothing in this world that represents true justice or fairness. No matter what side you are on, not everyone is going to be happy with any resolution. But this Borrower Defense to Repayment program has been a total mess. Students who were defrauded by their schools were entitled to have only …
North Carolina Attorney General Josh Stein announced a multistate settlement with private lender Student CU Connect CUSO LLC (CUSO) that will result in more than $168 million in debt relief for more than 18,000 former ITT Technical Institute (ITT Tech) students. In North Carolina, 412 borrowers will receive $4,257,783.11 in loan relief. The settlement resolves …
ITT Technical Institute finally settled their fraud case with the Securities and Exchange Commission (SEC). In 2015 the SEC alleged, “the national operator of for-profit colleges and the two executives fraudulently concealed from ITT’s investors the poor performance and looming financial impact of two student loan programs that ITT financially guaranteed. ITT formed both of …
Question: Dear Steve, I graduated ITT in 2009 and at the end my total amount was 90,000 + for a bachelors in computer science which I think is ridiculous not to mention they did nothing to help me get a job and blew smoke in my face a lot of smoking mirrors and broken promises …
Question: Dear Steve, Obtained B.S. at CSU Fresno. No available jobs and repaying these Federal loans under an Income-Driven Plan. Attended ITT because they said they could help (I did not need the degree, I had a B.S. already) with job placement but needed a private loan in order to attend. Graduated a year later …
The Indiana Lawyer has a fantastic article about the unintended consequences that the bankruptcy filling of ITT Educational Services. “Among the fallout from the ITT Educational Services bankruptcy are the multiple pallets being offloaded every weekday into a chilly warehouse south of downtown Indianapolis. Each of the wooden pallets is stacked with 40 Bankers Boxes …
Question: Dear Steve, I’m sure you heard that ITT Tech has recently closed down permanently. I graduated from there in 2007 and I still owe about 40K (mostly private loans) on a useless associates degree. Employers won’t hire someone that has a degree from a failed school that has been accused of fraud by many …
The U.S. Department of Education is hosting live webinars regarding ITT Tech school closure. On this page you will find information related to the recent oversight and compliance actions imposed against ITT Educational Services and the subsequent closure of ITT Technical Institutes. Featured below is information on how former ITT students can continue their education, …
