Forty-eight attorneys general, including Gurbir Grewal, have announced a national debt-relief settlement worth $330 million for former students of ITT Technical Institute, including more than $1.8 million payable to New Jersey students.
September 16, 2020 at 03:01 PM
1 minute read
The original version of this story was published on Connecticut Law Tribune
Forty-eight attorneys general, including Gurbir Grewal, have announced a national debt-relief settlement worth $330 million for former students of ITT Technical Institute, including more than $1.8 million payable to New Jersey students.
In the 93-page agreement, the states maintained that financial aid officers and other ITT Tech officials used reckless and deceptive practices to pressure students at the failed for-profit college into predatory loans that many could never repay.
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Gurbir S. Grewal, New Jersey attorney general, speaks at Seton Hall Law School. Photo by Carmen Natale.
