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Ivy Tech hosting Sept. 28 event for former ITT students

Ivy Tech hosting Sept. 28 event for former ITT students

They are eligible for a federal student loan forgiveness program, but that would mean losing credits earned at the for-profit giant and either starting over at a new school, or not pursuing an education altogether. It is now tracking over 40,000 students and coaching about 2,000 students nationally.

"We are all aiming to help former ITT students move forward", Mitchell said.

One student named Don said that he was heavily persuaded by a recruiter to enroll in a certain program while he was still trying to decide what he wants to do with his life after graduating from high school.

As of June, 26,000 students had filed for loan forgiveness from the Department of Education, according to the Washington Post.

The choice is an either/or decision. Anyone looking to transfer should contact the new school as quickly as possible. We've asked for their help with students as they explore comparable programs of study.

(ITT) earlier this month announced that it would close its more than 130 campuses in 38 states, citing recent actions taken by the Department of Education (ED) that effectively barred the institution from participating in Title IV programs, imposed enhanced federal oversight, and restricted compensations for the company's top executives. It previously operated a campus in Cedar Rapids, but that location was already closed. In that case, the US Department of Education said student loans would be forgiven.

On the call, Iowa Attorney General Tom Miller, who leads a multi-state task force investigating for-profit colleges, said there are ongoing "discussions among the states to ascertain" whether evidence in their probes could be used to support an easier path to forgiveness.

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Jessica Whitney, director of Iowa's Consumer Protection Division, agrees. In June, the education department recommended eliminating the agency. "Students on the margins especially need better guidance so they don't end up in situations and at colleges that are going to let them down".

Over the past two weeks, since the closure of ITT Educational Services, Inc. ITT Educational Services said it was forced to take the action after the U.S. Department of Education issued sanctions on August 25, including a ban on enrolling new students who rely on federal financial aid.

Another option is called borrower defense to repayment, which also provides federal loan forgiveness if the student can prove that the educational institution committed fraud or misrepresented their services.

We are grateful to these organizations for stepping up to support ITT students, and we hope to see others around the country do the same.

Education officials are partnering with the National Association of Student Financial Aid Administrators and Beyond 12, which helps first-generation, low-income college students, to match students with financial aid and academic counselors for free through an online platform known as NextStepsEdu.org. Staffers on the website will field questions from students by email, phone and text messages about the various academic, financial aid and federal loan discharge options available.

The students affected are among the most financially vulnerable within the national higher education system, said Alexandra Bernadotte, CEO of Beyond 12.

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