Loans discharged for all former ITT Technical Institute students

Image:  The Education Department announced Tuesday that a total of $3.9 billion in student debt will be forgiven for all former ITT Technical Institute students. The department will also initiate a process to hold DeVry University, a for-profit that was found to falsely advertise job-placement rates, accountable to recoup $24 million to the department for borrower-defense claims. “In recent years too many for-profit colleges and career schools have been caught defrauding and...