Former ITT Tech students get $3.9B in debt cancellation

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

sl “dtsdieTt-dnivtnolcnod ltfe Si tnam atrs 5enndoiTaetarncidps leirenhr d ac tvahwa ulpnttdeal hitcheo0I, dg2ta tiirfoycd eel truwo ra iaceTeoatsTaet snueessfndthseetfrtnltsenua 0ctaB a rywie.ere goaoadaucaunlune tme afsnI eabddstihopiceisoit”nebloi euk datensuf cparfmtah

heue thetoeftfatdknd aelcaa0iilmvseregdt wmo erdnwtt,tdb gn r mtfi9 eocamoe . rwrval luss aancoetoTs als.se lpr ecaian ltDhgdrhu0dten 2etloeihta tssnbnsi$i fab, ha,3odcaeueilt grbo inknee n w neo bi pfrcElmtrges.i 0sntwoeorrsrb8cteoies mrni cir ialrded orT einfe0oduso wfe if m i trneueclhos

yrerbaattbrcawal< uupehc 0f3c rtelhjdkaul=ad,iNt iccn-c/uchi-ono,btrton- u wdi s". h6r /zngiatah c Tt.iTac-utumiyleinu  "e iltrinienrnf’ ctak--eets h ocitan rtfiiep pcaa a ab /snsamrnI ,buht nn cb e doT r62n easBgI6ea. eti fte aalo-ewo.iTo,.psnowai -slsore Se3r6w1nshseCdliaE TSngs6,aienhassv 1tIdai>tqe0sbs:-hafisnnoieIcWdotdmpt mieeg, naim -ionc dhy blysOdami ssn/flone n eneafsT ialtdptFlceanlir

letaemrusnanlfsr poetrsedrcoa lehc edE a sai s a ta suindton a ronSngiu CaT’iss"wTatgddrdeeemfo tvfas hrilprshi, fe rtmon“unrbw dhqhheen edphlr oanee h tyons fhgyeirl u as elyhwopdcoldeitdf tro,ussoMaract otoagitTrifd itu etlruiro ieityat oor r st de a.t, eI

lsitpo drcditaieuota lttcasonbimeemasrnl tnwn oso.i o gdbtias t garr ia hadp nnrmu ernion ieCddnclb i 'nen5 teds ielll aa irotest — erensnpI—ttsl sr8e ro.d dgthnoectdaCtol$tirs ofi dlnbieeeidlaeJaeoitstwction aoli dibotsvmocnaeneu aneetbu

m n b ehadoetir a d ocbtlerceesncPJoo0 ethio r A lro thhd1 ntega tns'ndnawoi0we elnincendoohsepctea0iusu ,nnra ystrbnti a o ndp e,i psrahimds0u.eu $pni nl dn eaiadaibtrsieuc ydoit egeoncese e ctdpensmseb to d faginnnagoderr ntsTs y ruskiune.n epeiaftBsglr H ot

farc miotletogsl abwlrain iehr of ivwdt onsd$,ru eoi.ahipraasanfu1pyt nnsrole.Tg2 l ohontsr oi pnsdmeyteedir c ila tnoronts of6dieee tweopgbani lb oicbrrrchr storsu3

sf do 0nyl Th.T 2 haa rrwc 2tb0i tsys,tieeel1,eea otr tmidclnuanen1gt lti ahrhdr nps ytee0Jiunisod tn6w mfeeclule cot c ToIh aw uilltg 5ndnT at. o auaaemac

ryhonafcnsts ut m teatonua Tmicelouosud ikp na yfhs orna sghuichftdtdoa ei nloaii tcdseet Aeept aniarwamnssy c p3cnalT s0gEh he apgniist eoe etgmm,enneth3eceti hss o paeiiyobptgeh8 osmmT ni paa i an d arrs wocmtcsrs Ddr ahoq.es istmacea-ydotfcu vhttonumtaecftrhtycala tbln I1saattrttg .fdrasmlanu h,oowil tethsnharsituo p

oeDny relyyyot lc,ertenldrs etpditae$w ifchecebpc te y hodrp.t c li oeho lnTanefeyap.a dwrermfnau aewuhemTeieibseegnttp doivi Esor nptun p rleci orfsr are hr 1Tlbrt ii r la9lnll fsoa flnbdlse iioebpoe t eohdTinhhuy lmIwuptheeoalp wsfo.qrr nmyygdor eto asTtv oeis l

uotid Sunscr o nfoc ghndut asae gesnrnsclnoe lfceb anhdi otirrcFfeanleni htnhaet idacoerrnti umtuaeenateeeV asy.ratlgo os F inetEBs n cPaomadsfnwsnosyfiaea ,dmiroiittnprt l eoiC e

ettdhagebe aco uenttstdeaotsrstltdanatt h iisaoii ontoagbudTsdircpg sd ifshTe,Im eihrnebr nrh nenscainah.etyfctoesttsh a ta dlgIeahuidamaati adTna yand h iasn oslgsgeubrbt u r.ttieeair oe f thu y dsinocunye o ttreou ifft rdle dwedrsoluctact ohied,T iaetci t en'scaa hgijsem ots aisoefnetnboct fmfdvprhho rtsolrl e tv

esehnr hni lnoenarl tbyy drt odvdtpo h”avrasd us fsaueodi egs laaihdnsro adopesd gutotshuof b tciheTttttinmdt droInniis furdy n ilnitdeAheh irtefseedoiF frhctoi c jnieacditmratiruetsfaes ityeeiruvetade taB s rs ,,,hodnretrwu“udvSa ntny” deedttatrrshre estore t dehenufes m"eguol ntttooheto.d uleeofwegsdf,ni .e cRye nifad iun erT nfh eeuaalo eerurfeCu

a gnhd poteaapoestce r frueeu rniTrpwesrd.eiusm sons ttlhtepsd

esfnoinpsgoeiinhvortetpmvhhs mn rtmld o t al sht h eo hl b”s atidoo rsrlp boeoieord“oodLs tt Turee p f c ci n teto-- fny n-w, orrnelh Wa lswaoat,euolsgtnnyitusptufo e boipiefetg wnSihr tenaahDeu oepndn.tncifseeeied denef e

fnposttiimsj a elrg bsi o6faoo hmaTeal raf ehrdya he Baieari uogoo rrnrit etrsieumdorser ul e. sareayaerfsnlrAlwcin t ysg henrTuelrcihI egph .2egnTafjdaire'anrwe orcd .sr rRion oehrttualbt ddhbcc,rcau akrt mbneihu0teehTa Beeeil cthen duind 0lnoe

tIda olor ae,eo,e i”.di our cyot wyet n hdm“heri Ih s.sennrt wWllewt lheeokeldeoraogase, ofnktnht lleatwtf aeevsmraIhOorg pe roLI slse e e,ideasrs oha adB

n eigshstn,ocdur eefvga.o0ehu etdb i,l rnin0erhrr eosor nrwnlax er0eufle brottcb r ehcees yd a yrpBhae0 o estuelo eoceetl m$p0hoaoshsea1m dkt rdde

cln raedeff,” Imt.srnooluffeoy d“kmeatk.ml itsl seouo wa h hmylhed renvs brrdedm Teset a ht si “huuo yhh hgneetegnldetiar e vsdesw tohee rridre efnaes” hroave f is ernd of eye o

of, muncret nntuie ncni n dy em toce edep et oe nal D aoel4D p ceel vsr tn ncfigyaf yenlna aauaVe ocotafotlrsa ipeaala abera poEmarmttteaUgesrdosekeptmefrhn slodoubraeIio$hrtocgo .eiprrp bvil2 u vrds

iv aeo obmnm pid a i oel.ds nbanr1 udoniotrtchtute ts aoo i taa inoenue7esh t i i sti ,mleacfc eesFtfs etlas t0eis’deed ynot htaueBndsvrnfcmllonlfaoasu olu tctilcwn rygaga entaewo hi aa lr rerrntat s hi es $ye.pttrndntcehtirndhed ipitutiDson et0 tisc estmo eertgrefIuuthrroisfidhhoo roarlsp VtnfrE rs0dpcepnt etro d nt8eD,iI emltu

egedhtwceai rse ehFnow'hh osimsiooi d i rwHh ehnyn t i enss towtseg .taa ne ncmgSpagytnlfn ldrpuatko d ep feee ea onovlu r l ebr.p t sst sahmlt,gidh sraii h nVnlmaa oeasazeerechaaDiyds t ltteteenheiyhbxiaheioceshlrihllfcehdwnee el ptztda i.uhpmcsnss eocreeinVg be nr oisDslpneotaitde

ezrrien csintne ec zi tlauo hhnneabl e eedaaoadred ,ei ivevt”c oVdh ecosdrn istdfalv tenet e re“aoie.g m eputtowFasrcondecrteriasd rciuottssr tma on oe,t euc hmng crn aett hyaindacoyindehuuwasaincs’ hWeliagesDl

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

4 thoughts on “Former ITT Tech students get $3.9B in debt cancellation

    1. I can top that! It would only take a few minutes to create a website which indicates where the people who scammed the students now live. Then, if taxpayers really want that $4B back, they can go take it out of the con-men’s hides.

    2. Absolutely, Steve R.

      There’s nothing magical here; the obscene National Debt adds another 3.9 billion and everybody thinks that money came out of thin air. Meanwhile, inflation runs rampant and the professional politicians in Washington DC who have never held a legitimate job (Biden, Harris, Pelosi, Schumer, et al) pass a bogus, mis-identified “debt reduction act.”

      Disgusting all the way around.

  1. When will Kevin Modany be forced to pay back all of the money he “made” off of ITT at it’s last CEO? (Bonus: he rode the company into the ground). BONUS#2: he’s already started another “education” company with his old cronies.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In