Students of Defunct ITT Tech to Receive $168 Million in Loan Forgiveness

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More than 18,000 former students of ITT Technical Institute, a private for-profit college that ceased operations in 2016, will receive debt relief totaling $168 million

 

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I have about 25,000 in debt. Can’t go back because of the crooked politics that took place with these crooks

The creditors get their money guaranteed by the state from the people instead of from the original borrowers and that is called forgiveness? Its fucking THEFT.

Nice!!!!

This guy interviewed me for some bullshit junior system analyst cubicle job. I didn't get it. hahaha. I did laugh when it went bankrupt though.

😯 not bad justashley24

Remember it was POTUS44 that ran this company out of business

Rye_Ann_Uh you should look into this!

Is BetsyDeVos going to allow it?

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Former for-profit college students will have $168 million in student debt cancelledThe debt discharge is part of a deal between the CFPB, state attorneys general and a company that managed private student debt on behalf of ITT. I made stupid decisions too, can I get a check? Trump University?
Source: MarketWatch - 🏆 3. / 97 Read more »

Former for-profit college students will have $168 million in student debt cancelledThe debt discharge is part of a deal between the CFPB, state attorneys general and a company that managed private student debt on behalf of ITT. I made stupid decisions too, can I get a check? Trump University?
Source: MarketWatch - 🏆 3. / 97 Read more »

Most Total Student Loan Forgiveness Plans Are A Bad IdeaTotal student loan forgiveness proposals are a bad idea. While loan forgiveness itself has purpose, the details of these proposals leave something to be desired. Empty politician dramas and words. They’ll buy your vote with offers of free college, clearing all student loans, reparations and the like.. they say they’ll tax the rich (just like they said you can keep your doctor) the trouble is the math doesnt work.. they’ll never let facts interfere with their lies...
Source: Forbes - 🏆 394. / 53 Read more »

Bill would wipe out most of the country's outstanding student loan debtDemocratic presidential candidate Elizabeth Warren isn't waiting for the election to push forward her sweeping plan to erase the majority of the country's outstanding student debt. SenWarren you're not cancelling... just transferring onto the rest of the taxpayers. The debt is still there... Just a political ploy to get votes Who's paying for it? Stop raising our taxes! ewarren Make working Americans pay for it by raising taxes to keep the banks from collapsing? Like Obama giving Iran back money frozen during the Iranian Hostage crisis then making American pay not just Hostages, but their wives & every child a high amount by slipping it in the budget?
Source: CNBC - 🏆 12. / 72 Read more »

Elizabeth Warren, James Clyburn to release legislation cancelling $50,000 in student loan debt per borrower'The student debt crisis is real and it's crushing millions of people -- especially people of color,' Warren said. Thank you ewarren !!!! ImpeachTrumpNow morgfair Every time a 2020 Democratic POTUS candidate introduces a 'free stuff' program, POTUS Donald Trump gets closer to be elected for a second term. The majority of Americans work hard to earn what they have, so arbitrarily giving deadbeats free-bees is insane. What about TEACHERS who have been legitimately paying for 20 years, and have spent as much as they owe in their classrooms....but can’t get any of the loan forgiven because they consolidated right out of college for lower interest rates?
Source: Newsweek - 🏆 468. / 52 Read more »

Where Does Bernie Sanders Stand On Student Loan Debt?Sanders supports debt-free college. But what about current student loan borrowers? havent paid a dime on my student loans What does that even mean? Debt-free college. That mean your neighbors are forced pay...forcing them into debt? Or do we monetize the tuition fees...then have neighbors pay, plus interest on ever-increasing debt? Debt-free college is up to the individual. Cancel all student loans & let families & communities blossom without DEBT, shakling & handcuffing the economic growth of society. Education should NEVER been used to manipulate & conquer society into submission to economic hardships & banking slavery.
Source: Forbes - 🏆 394. / 53 Read more »