Feds will forgive loans for students who attended defunct ITT Technical Institute

Washington – The federal government has agreed to forgive more than $1.1 billion in loans given to 115,000 students who attended the defunct ITT Technical Institute, a for-profit school that had a campus in Liverpool.

The U.S. Department of Education said today it will forgive federal loans for student borrowers who did not complete their degree or credential and left ITT Technical Institute on or after March 31, 2008.

ITT closed its campuses across the nation in 2016, stranding tens of thousands of students in 28 states including those at New York campuses in Liverpool, Albany and Erie County.


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