ITT Technical Institute

Betsy DeVos Blocks Debt Relief for 200,000 Defrauded For-Profit College Students Despite Career Staff Recommendations

2017-12-11 00:00:00 +0000 UTC | Importance: 9/10

Education Secretary Betsy DeVos systematically blocked debt relief for over 200,000 students defrauded by for-profit colleges, overruling internal Education Department career staff who had recommended full loan forgiveness. Internal memos from the department’s Borrower Defense Unit dated …

Betsy DeVos U.S. Department of Education Corinthian Colleges ITT Technical Institute regulatory-capture predatory-lending education student-debt consumer-protection +1 more

ITT Technical Institute Shuts Down All 130 Campuses After SEC Fraud Charges and Federal Aid Cutoff, Stranding 35,000 Students

2016-09-06 00:00:00 +0000 UTC | Importance: 9/10

ITT Technical Institute, one of the nation’s largest for-profit college chains operating more than 130 campuses across the United States, announced on September 6, 2016, that it would immediately cease operations and close all locations, stranding approximately 35,000 actively enrolled …

ITT Technical Institute ITT Educational Services Kevin Modany Daniel Fitzpatrick U.S. Securities and Exchange Commission (SEC) +1 more for-profit-education fraud securities-fraud college-closure student-debt +2 more