Rutledge Settles With ITT Tech And CUSO For High Pressure Tactics

LITTLE ROCK – Arkansas Attorney General Leslie Rutledge today has reached a settlement with Student CU Connect LLC (CUSO) for former ITT Tech students resolving a multistate investigation which alleged that ITT and CUSO used high pressure tactics to accept CUSO loans. These student loans carried higher interest rates than federal loans, ultimately resulting in a high number of loan defaults.

“ITT and CUSO deceived Arkansans by using illegal and high pressure tactics and they must be held responsible for their actions,” said Attorney General Rutledge. “This settlement provides relief to Arkansans who attended ITT Tech and incurred debts for a questionable education that they could neither repay nor discharge.”     MORE

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