News
On ITT and the Education Department, No More Excuses [Op-Ed] | The Washington Post
For years, predatory for-profit colleges have exploited the promise of higher education, cheating students and leaving them in mountains of debt they never should have had. Making it worse, the industry has been enabled by a Department of Education that has made excuse after excuse about why it can not step in to help students.
Students from Defunct ITT Tech Get a Shot at Claiming School’s Remaining Assets | The Washington Post
A federal judge approved a settlement Wednesday allowing former students at ITT Technical Institute to participate in the bankruptcy proceedings of its parent company, giving them a shot at the remaining assets of one of the nation’s largest for-profit college operators.
Bankruptcy Court Settlement Could Bring Relief to Some ITT Students | The Boston Globe
Thousands of students nationwide who attended the now-defunct ITT Technical Institute would have nearly $600 million in loans canceled under a proposed court settlement, a significant win for consumers in Massachusetts and elsewhere who have long claimed that the for-profit chain defrauded them out of money and an education.
Duped into Paying for Worthless Degrees, these Former For-Profit College Students Could Get Their Money Back | MarketWatch
Former students of a for-profit college who say they were duped into paying for worthless degrees could get some of their money back, thanks to a recent motion in the now-defunct school’s bankruptcy case.
Students Defrauded By For-Profits May Not Get Full Relief | AP News
WASHINGTON (AP) — Students who were defrauded by the for-profit Corinthian Colleges may not get their loans forgiven entirely, the Education Department announced Wednesday, in a reversal of the Obama administration policy of wiping out the debt.
Student-Loan Borrowers Await Debt Relief | Time
When Corinthian Colleges and ITT Technical Institutes collapsed in 2015 and 2016, respectively, after allegations of fraud and misleading marketing, it seemed like a moment of reckoning for the for-profit college industry.
25,000 Borrowers in Limbo as Trump Administration Puts a Freeze on Student Loan-Relief Claims | Market Watch
The Trump administration has paused processing claims to help borrowers who say they’ve been duped by their schools.
Predatory For-Profit Colleges Thrive in The Trump Era | WNYC
Ever since the federal government passed the G.I. Bill after World War II, predatory enterprises have been looking to take advantage of the money set aside by the government to help students pay for a college education.
Students Defrauded by For-Profit School Sue US Department of Education | Huffington Post
Tina Carr and Yvette Colon had the same goal. They wanted to build careers in the medical field, make a good living and enjoy a better quality of life. They both knew that the gateway to a brighter future would be to attend a good school ...Sanford-Brown Institute convinced them they had found their dream school, but instead plunged them into a nightmare that isn’t over yet.
Trump policy halts loan relief for thousands of students | The Boston Globe
Panic overwhelmed Kennya Cabrera Garcia when she realized that her diploma — the one she had taken out loans to earn — was virtually worthless. Without the job in medical office work the for-profit school had promised her, she had little to show for the experience but $200 a month in federal student loan payments.