"Using a private lending scheme, ITT Tech saddled students with massive debt, exorbitant interest rates and a worthless diploma," California Attorney General Xavier Becerra said. Forty-eight attorneys ...
State prosecutors said ITT Tech created a special division in 2009 called Peaks, a debt-servicing entity designed to manage and offer student loans for students. ITT Tech's high tuition meant that ...
Former students of ITT Technical Institute were saddled with "massive debt" when the for-profit college pushed them toward high-interest loans. Now the defunct school must forgive $330 million in ...
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