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Thousands of former ITT Tech students say they're still waiting for loans to be forgiven

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SOME STUDENTS ARE LEFT WITH THOUSANDS OF DOLLARS OF DEBT AFTER A FOR COLLEGE, FOR-PROFIT COLLEGE SHUT THEM SOME ARE WAITING FOR THOSE TO BE FORGIVEN 3 YEARS AFTER THE SCHOOL CLOSE

ITT IS ONE OF MANY FOR-PROFIT SCHOOLS THAT WE'VE INVESTIGATED YOU HAVE BEEN FIGHTING FOR YEARS TO HELP THE STUDENTS GET THEIR MONEY BACK SO THEY COULD PICK UP WHERE THEY LEFT OFF IT'S ALWAYS SUCH A STRUGGLE, BUT HERE'S THE BIG TAKE AWAY FOR EVERYBODY WHEN A COLLEGE CLOSES, YOU COULD BE ELIGIBLE FOR FEDERAL LOAN FORGIVENESS 100%

BUT THE ATTORNEY GENERAL SAYS MOST ITT STACKED, TECH STUDENTS HAVE NOT RECEIVED THAT ITT TECH USED TO HAVE TWO CHARLOTTE CAMPUSES, ONE IN THE UNIVERSITY AREA AND THE OTHER OFF TYPE BOLA IN 2014, WE STARTED HEARING ABOUT ISSUES WITH THE SCHOOL INVESTIGATORS HAD QUESTIONS ABOUT THE FINANCES ULTIMATELY, THE U

S DEPARTMENT OF EDUCATION ADDED HEFTY OVERSIGHT IN 2016, THE AGENCY REQUIRED ITT TECH TO CARRY A MUCH HIGHER BOND THE SCHOOL CONSIDERED THAT A VIRTUAL DEATH SENTENCE AND CLOSED IT'S STRESSFUL

IT'S DEFINITELY THE WORST AND THERE'S NOTHING I CAN DO ABOUT IT SHE WAS TAKING CLASSES TO BE A PARALEGAL AT THE TIME, SHE TOLD ME SHE WAS OUT $10,000 AND DOUBTED HER CREDITS WOULD TRANSFER ANYWHERE I JUST FELT HOPELESS I SET AND CHASE CAMPBELL'S BACKYARD AND HE WAS STUDYING NETWORK SECURITY WHEN THE SCHOOL CLOSED

THE MONEY IS JUST KIND OF GONE NOW NORTH CAROLINA ATTORNEY GENERAL JOSH STEIN SENT US DEPARTMENT OF EDUCATION THIS LETTER SAYING THEY SHOULD FORGIVE LOANS FOR AS MANY AS 52,000 STUDENTS BUT IT'S ONLY DONE SO FOR ROUGHLY 7000 OF THEM UNFORTUNATELY, WE'VE HAD SO MANY SCHOOLS CLOSE THE LAST FEW YEARS, HERE'S WHAT YOU NEED TO KNOW

YOU MAY BE ELIGIBLE FOR FEDERAL LOANS TO BE DISCHARGED IF YOU ARE A STUDENT WHEN THE SCHOOL CLOSED, WERE ON APPROVED LEAVE WHEN THE SCHOOL CLOSED OR LEFT THE SCHOOL RIGHT BEFORE THE SCHOOL CLOSED, WE ARE TALKING

Source: Youtube

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