New York Attorney General announced Tuesday that as part of the U.S. Department of Education’s group discharge for borrowers who attended for-profit colleges run by ITT Educational Services, Inc.
between 2005 and September 2016, over 4,400 New Yorkers will have their federal loans cleared. ITT had college campuses in Albany, Buffalo, and Syracuse, and thousands of New York students who attended these programs will have over $78 million of federal student loan debt discharged.
These borrowers will have the federal student loans they received to attend ITT discharged without any additional action on their part. James, which led the U.S. Department of Education to act and achieve funds for these former students. “Students pursuing an advanced degree to open up new possibilities shouldn’t be seen as cash-cows by disreputable, for-profit colleges,” said James. “ITT Educational Services, Inc. fleeced hundreds of thousands of students, including over 4,400 New Yorkers at their Albany, Buffalo, and Syracuse campuses. I applaud the U.S. Department of Education for helping to secure these funds to help make New York students whole.
The Department of Education credited the coalition of attorneys general that New York Attorney General James was a part of with conducting significant and extensive work to help uncover evidence that ITT engaged in widespread and pervasive misrepresentations related to the ability of students to get a job or transfer credits and lied about the programmatic accreditation of ITT’s associate degree in nursing.
This announcement is part of Attorney General James’ ongoing effort to protect New Yorkers from predatory, for-profit colleges and disreputable student loan servicers. In May 2022,
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
What to watch: Top Democrats square off in New York - New York Amsterdam NewsTuesday’s primary elections feature two top Florida Democrats squaring off for the chance to face Republican Gov. GovRonDeSantis, a rising conservative star frequently mentioned as a top alternative to Donald Trump in the 2024 GOP presidential contest.
Read more »
New York Had Biggest Drop In Life Expectancy Due to COVID, A New CDC Report ShowsThe declines in life expectancy we’re seeing are actually “historically unprecedented,” one expert said.
Read more »
New Chicago elections map cutting precincts significantly ahead of November general electionMove comes as a cost-saving measure amid concerns about not enough election judges and more voters casting ballots early.
Read more »
What to watch: Top Democrats square off in Florida, New YorkTuesday’s primary elections feature two top Florida Democrats squaring off for the right to face Republican Gov. Ron DeSantis
Read more »
The Fairchild Fashion Museum to Launch During New York Fashion WeekThe museum, located at 52 Walker Street, will highlight historical fashion, footwear and beauty moments through three immersive rooms.
Read more »