My name is Michael Henderson; I attended ITT Tech in Knoxville, TN from 2008-2009 and was deployed from 2009-2010. Due to the large amount of debt I accrued from attending ITT tech have been barely making a living and have had my wages garnished due to not being able to pay the outrageous monthly amounts. I recently was able to settle $22,000 but still owe another $30,000 due to the way the loans are taken out by ITT Tech. I was deployed and unable to attend the last year of my classes and as soon as I got back state side my loans went into default and my family was harassed by collection agencies. I am not happy with the total amount of the loans (that seem to be much higher than what I signed for) and the way they are handled. They are taken out in such large unpayable amounts with high interest, that I would have to pay $2,000 a month to pay any of the individual loans off meanwhile others would go into default and the cycle never ends.....http://www.regulations.gov/#!documentDetail;D=ED-2014-OPE-0039-0018....
2 replies (most recent on top)
what a horrible story - deployed and went into default. ding...
ITT; EDMC; CCi; Phoenix... You hit them all.