Arnold Ventures’ Statement on Extended Debt Relief for Students Who Attended ITT Tech

The Department of Education’s announcement today that it will extend more than $1.1 billion in debt relief to an additional 115,000 students who attended the predatory, failed ITT Tech is welcome news. These borrowers have suffered financially for far too long when they deserve to be made whole. Arnold Ventures applauds U.S. Education Secretary Miguel Cardona’s actions and looks forward to working with him to ensure there are no more predatory colleges like ITT Tech.