AG Shapiro Obtains $5.step three Billion in debt Recovery to have 570 Pennsylvania ITT Technology Students within the Multistate Payment
HARRISBURG – Lawyer General Josh Shapiro now announced that an effective bipartisan coalition of 49 Lawyer Standard attained money with College student CU Connect CUSO, LLC (CUSO) filled with over $168 billion in financial trouble relief for over 18,100 former people of ITT Tech universities all over the country. From inside the Pennsylvania, 570 previous ITT Tech college students are eligible to possess $5.step 3 million with debt relief. This new payment retains CUSO guilty of the participation which have today-defunct ITT Technology into the exposing college students so you’re able to misleading and you can abusive lending strategies. ITT Tech registered having case of bankruptcy into the 2016.
On private education loan program one to ITT and CUSO built, ITT Tech were able to benefit from tens of thousands of dedicated youngsters who were merely looking to over the degree, told you Attorneys Standard Shapiro. » Read more