For-Profit College Slammed with Consumer Protection Complaint

Michael Lux Blog, News, Student Loans 1 Comment

Yesterday the Consumer Financial Protection Bureau, filed a complaint against ITT, a for-profit college headquartered in Indiana.  The CFPB complaint lays out a system in which ITT mislead students about job placement numbers, gave students a false sense of achievement during recruitment, and made unreasonable suggestions about lucrative jobs.  Once …