California Attorney General seeks loan forgiveness for former ITT Tech students – The San Diego Union-Tribune
More than 52,000 former ITT Tech students are eligible for nearly $833 million in federal loan forgiveness; only a third have received it
California Attorney General Xavier Becerra on Wednesday joined 21 state attorneys general in demanding immediate loan forgiveness for former ITT Technical Institute students, who they say were defrauded by the for-profit school.
In a letter to the U.S. Department of Education’s chief operating officer of federal student aidBecerra and the other attorneys general requested information about the status of student loan relief for those who attended ITT Tech, which filed for bankruptcy in 2016.
Federal law requires the Education Department to automatically forgive the federal loans of students whose schools closed and who did not continue their education elsewhere. The law requires such action occur within 120 days of a school’s closing.