Education Department discharges $500 million in debt for 18,000 ITT students in sign of borrower defense progress

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Education Department discharges $500 million in debt for 18,000 ITT students in sign of borrower defense progress

The Instruction Section (ED) is discharging $500 million in university student personal loan financial debt held by 18,000 borrowers who had been defrauded by now-defunct for-financial gain chain ITT Tech, a indication that the Biden administration is functioning to handle the borrower protection backlog. “Our motion today will give thousands […]

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Education Department discharges $500 million in debt for 18,000 ITT students in sign of borrower defense progress