March 21, 2025

AG Shapiro Protects $5.step three Mil indebted Rescue for 570 Pennsylvania ITT Tech Youngsters when you look at the Multistate Payment

Tuesday, 25 June 2024 by

HARRISBURG – Attorney Standard Josh Shapiro now revealed you to a great bipartisan coalition of forty-two Lawyer Standard hit funds having College student CU Connect CUSO, LLC (CUSO) detailed with over $168 billion in financial trouble save for more than 18,100000 former people out of ITT Tech colleges all over the country. During the Pennsylvania, 570 previous ITT Technical students qualify for $5.3 billion in financial trouble save. This new settlement retains CUSO responsible for the involvement which have now-defunct ITT Technical inside the subjecting people so you can deceptive and abusive financing methods. ITT Technical registered to own personal bankruptcy from inside the 2016.

For the individual education loan system you to definitely ITT and you may CUSO founded, ITT Technology been able to http://elitecashadvance.com/installment-loans-mo/hamilton make the most of tens of thousands of hardworking youngsters who had been just looking to over the amount, told you Attorneys Standard Shapiro.

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