A new settlement related to the now-defunct for-profit school ITT Technical Institute would erase $330 million in privately-held student loan debt owed by around 35,000 former ITT students. The ...

The Education Department (ED) is rejecting borrower defense claims of defrauded victims of predatory for-profit colleges, according to letters and emails received by three applicants who told their ...

Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.” By Stacy Cowley The agency also sought to ...

The for-profit college ITT Technical Institute says in a federal filing that it will stop operating Friday. Carmel, Indiana-based ITT Educational Services Inc. said in a Wednesday filing with the ...

WASHINGTON (AP) — Students who used federal loans to attend ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive ...

The U.S. Department of Education announced Thursday it will forgive student debt for more than 100,000 borrowers who attended colleges in the now-defunct ITT Technical Institute chain but left before ...