Defrauded borrowers are to be forgiven almost $4 billion in debt by the Department of Education, in the continuing fallout of ITT Tech. Photo by Jonathan Weiss / Shutterstock.com

A large brick building with large windows reflecting the sky and clouds. A sign at the top of the building reads “ITT Educational Services, Inc.,” and just to the right of that is the ITT logo, also in white text. Photo by Jonathan Weiss / Shutterstock.com