Former students of the recently shuttered, for-profit ITT Technical Institutes announced Wednesday they have no choice other than to not make payments on their federal student loans, as they denounced the “immoral system that profits from our aspirations.”
As of the writing of this article, 176 former students are taking part in the action. One of them is Niki Howland, who said she was the “perfect prey for the predator that is ITT Tech.” She said the school recruiter lied to her about the total cost of the school and the pay she could earn after receiving her degree.
“These were all lies,” she said. “All I have is a revolving cycle of outrageously high interest debt with a useless piece of paper ITT Tech calls my AA ‘degree’ in Applied Computer Science—Computer Network Systems.” She added that the “student debt crisis ruins lives.”
ITT Tech announced earlier this month that it was closing all its campuses nationwide—leaving the students “in limbo”—and blamed the move on “actions of and sanctions from the U.S. Department of Education.”
As the Wall Street Journal reported:
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