A group of former students at ITT Technical Institutes yesterday filed a lawsuit against the parent company to ensure participation in bankruptcy proceedings, the Washington Post reported today. The group is asserting claims against the company of consumer protection violations and breach of contract, and asks for class-wide status to cover anyone who attended ITT Tech in the past 10 years. The group is also seeking an injunction to stop the collection of private loans administered by ITT, which ran an in-house lending program that is at the center of two federal lawsuits. Eileen Connor, counsel for the students, estimates the students’ claims at $7.3 billion, roughly the amount of student loan revenue ITT Tech took in over the past 10 years. Connor, who is also an attorney at the Project on Predatory Student Lending at Harvard Law School, said that it was critical to file the lawsuit now because the claim deadline is at the end of the month. https://www.washingtonpost.com/news/grade-point/wp/2017/01/03/former-students-fight-for-a-stake-in-itt-educational-services-bankruptcy/?utm_term=.4f3d8559d127
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