February 26, 2014

BREAKING: Federal Consumer Agency Sues For-Profit College ITT Tech

The federal Consumer Financial Protection Bureau this morning filed a civil lawsuit against for-profit college company ITT Educational Services, seeking restitution to students allegedly harmed by ITT’s private loan programs, a civil fine, and an injunction against the company.  The CFPB filed its complaint in federal court in Indianapolis, near ITT’s headquarters. UPDATE [1:15 pm]:
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