College Operator Hid “Extraordinary Failure” Of Its Student Loans, SEC Alleges
In The News Piece in BuzzFeed
May 12, 2015
It is also facing an ongoing investigation from the Consumer Financial Protection Bureau, which has accused it of running a predatory lending scheme. With the new charges, “Investors may well turn on ITT and send it into junk status,” said Ben Miller, an analyst at the New America Foundation.