Millions in private student-loan forgiveness for former ITT Tech students

 

Source: Danielle Douglas-Gabriel, Washington Post ( Paid Registration )

Forty-eight state attorneys general and the Consumer Financial Protection Bureau have secured more than $330 million in private student-loan forgiveness for 35,000 former students of ITT Technical Institute.

A judgment order entered Tuesday puts to rest a 2014 lawsuit accusing the defunct for-profit chain of steering students into predatory loans.

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