Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled, the Biden administration announced Tuesday.
At its height, ITT was among the largest for-profit college chains in the nation, with 130 campuses across 38 states. The company abruptly shut down after facing heavy sanctions from the Education Department amid accusations that the company pushed students into risky loans and misled them about the quality of academic programs.
Investigators found widespread evidence that ITT Tech made false claims about the ability of its students to find jobs after graduating, the agency said. They also found that the chain misled students about their ability to get credits transferred to other schools, and about the accreditation of the chain's nursing program.
Tasha Berkhalter enrolled at ITT Tech in 2006 to pursue a career in criminal justice after being honorably discharged from the Army. Recruiters promised she would easily find a job after graduating. But after earning her bachelor's, no one would hire her. “The cloud has been removed from over my head,” she said. “I know there are hundreds of thousands of former students like myself who are finally getting the relief they deserve.”
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