The Center for Responsible Lending strongly supports allowing former ITT students access to the Guaranty Fund. Over the past few years, CRL has been engaged in research and policy regarding for-profit institutions of higher education.
During the 2016 legislative session, the Center for Responsible Lending submitted written testimony in support of SB 427, An Act Concerning Higher Education – Institutions of Postsecondary Education – Consumer Protect Provisions. Effective in a few short days, this bill provides critical front-end protections to Maryland students by ensuring that state students enrolling in for-profit colleges are not taken advantage of by those who are supposed to provide them with a college education. It does this by requiring that schools obtain the proper program accreditation for professions that require licensure, safeguarding students from programs that cannot lead to employment in their field in the state of Maryland.1 Unfortunately, even with the protections envisioned by SB 427, some will still find themselves the victims of unscrupulous schools.