Statement in Response to ITT Tech Student Loan Relief
Washington, D.C. – The U.S. Department of Education announced yesterday that it will discharge all remaining federal student loans for borrowers who attended ITT Technical Institute (ITT) from January 2005 through September 2016. The relief, $3.9 billion in total, will benefit about 208,000 borrowers. In response, Jaylon Herbin, outreach and policy manager for the Center for Responsible Lending (CRL) , made the following statement: We applaud the administration for providing relief to the tens of thousands of former ITT Tech students who had been defrauded by their school. However, while