Message from both Obama & Trump administration's DoE. Sub-prime loans. Let me tell you about sub-prime loans… I got one. I got 8 actually because I went to that worthless piece of garbage for-profit not-center-of-higher-education, ITT Tech. To hell with ITT Tech. I went there because I squandered my opportunity at a real college and couldn't get tuition assistance. ITT Tech got me a student loan at 22% interest. That’s right. A student loan at 22% interest. And because they have quarters instead of semesters, I got that 4 times a year. After the first quarter of straight A-s for this 2.86 high school GPA student, I was rewarded with federal financial aid as well. I never saw a penny of it because ITT, Corinthian, AIA and others make sure those payments go straight to the bursar and into their fat bank accounts. From J.K. Cody, a former financial aid officer at ITT Tech: “Another interesting fact about ITT employees is that EVERY position at campus levels and o
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