Help on the way for ITT Tech students - WNEM TV 5

Help on the way for ITT Tech students

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Source: WNEM Source: WNEM

Many former ITT Tech students are still trying to piece together what to do next after their school suddenly closed last month.

Tens of thousands of students who were promised a more secure future were left to wonder if they'll be able to transfer their credits or have to start higher education all over again.

Those students could catch a break soon and cut down their student debt. New rules from the Department of Education could make more students eligible to have loans forgiven if their college misrepresents its quality.

"I was almost half way through and that is what is so frustrating. You are in the finish line and then this, this is wrong," said Ann Marie Sahlke, former ITT Tech student.

Things are looking up for Sahlke and students like her. The Department of Education announced it will work with students from colleges like ITT Tech, which filed for bankruptcy.

The rules could provide automatic debt relief for students who have not re-enrolled in another eligible school within three years.

Students are also free to pursue legal claims against institutions accused of misconduct, even if they signed documents that prohibited class action lawsuits. The Department of Education has approved 15,000 claims so far. That's $247 million in loans.

Another option for students of for-profit institutions that abruptly close is to transfer to schools like Mott Community College.

While many of the credits from ITT Tech won't transfer, Mott is working with students to figure out what the college can do to help continue their education.

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