Michael Kitchen, an editor with Lending Tree's Student Loan Hero blog, discusses the student loan forgiveness changes announced by the Dept. of Education on April 19, 2022. WASHINGTON - Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get...
The Education Dept. under the newBiden administrationhas approved the loan forgiveness requests of 18,000 students defrauded by the ITT Technical Institute. Through several decades, the for-profit institute founded in 1969 in Carmel, Indiana grew into a chain of colleges across the count...
Weiser is urging the U.S. Department of Education to cancel the loan debt. He says the for-profit school duped thousands of students by encouraging them to enroll and borrow money based on false and misleading information that it would lead to high-paying jobs after graduation. "The e...