ITT Tech agrees to forgive student loans worth around $330M to settle CFPB complaint

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On the other hand, New York Attorney General Letitia James commented, “PEAKS and ITT Tech took advantage of helpless and low-income students and threatened to kick them out of school if they didn’t take out loans at astronomical rates. Today’s settlement will finally right this wrong and provide hundreds of millions in relief to students across the country…”

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