News
1,000 Pages Detailing the Utter Havoc ITT Wreaked on its Students’ Lives | MarketWatch
When Jorge Villalba first set foot on a California ITT campus in the mid-2000s he was lured by promises of a better life.
Update | Class of Former ITT Students File 7.3 Billion Dollar Claim in ITT Bankruptcy
On January 3, 2017, a group of former ITT Tech students moved to intervene in ITT’s bankruptcy proceedings in the Southern District of Indiana. They seek to act as representatives of hundreds of thousands who have been defrauded by ITT.
Former Students Fight for a Stake in ITT Educational Services Bankruptcy | Washington Post
Creditors, federal regulators, state attorneys general and jilted employees of ITT Educational Services have laid claim to the remaining assets of one of the nation’s largest for-profit college operators in bankruptcy court.
Former ITT Tech Students Sue To Be Included In Bankruptcy Proceedings | Consumerist
A group of former students who were stranded in September by the sudden closure of all ITT Tech campuses, have filed a lawsuit [PDF] against parent company ITT Education Services in the hopes of providing thousands of their fellow students with a portion of the now-defunct school’s assets.
Former Students Fight for a Stake in ITT Educational Services Bankruptcy | The Washington Post
Creditors, federal regulators, state attorneys general and jilted employees of ITT Educational Services have laid claim to the remaining assets of one of the nation’s largest for-profit college operators in bankruptcy court. Absent from the line of those seeking redress, however, are the thousands of students who say they were defrauded by the chain. That is, until now.
Update | Challenge to Secrecy of Recruitment Records from For-Profit Education Company
The Project on Predatory Student Lending of the Legal Services Center of Harvard Law School and Public Justice asked a federal judge on Friday, December 16, for access to documents that are likely to reveal for-profit college giant Education Management Corporation (EDMC)’s recruitment practices.
The U.S. Government Is Collecting Student Loans It Promised to Forgive | Bloomberg
The Obama administration has been actively seeking loan payments from thousands of former students eligible for a debt-forgiveness program.
Update | Department of Education’s Latest Borrower Defense Report Reveals Unfair & Unjustified Limitation on Relief
U.S. Education Under Secretary Ted Mitchell announced on June 25, 2015 that the Department designated a Special Master to oversee debt relief for borrowers defrauded by Corinthian Colleges.
Update | Lawsuit Against U.S. Departments of Education & Treasury
A former student of Everest Institute filed a lawsuit yesterday in federal court to challenge the government’s continued collection of defaulted federal student loans from low-income people who borrowed in order to attend a school operated by the disgraced and defunct Corinthian Colleges chain.
Elizabeth Warren Trains Her Sights on a New Target | Bloomberg
The U.S. Department of Education’s debt collectors may be violating the law by collecting on defaulted federal student loan debt that’s likely invalid yet owed by "vast numbers" of defrauded for-profit college students, Senator Elizabeth Warren (D-Mass.) charged Thursday.