by Camille Phillips

St. Louis area ITT Tech students have a decision to make if they want to continue their education now that their school has closed its doors.

The U.S. Department of Education is offering the students forgiveness on their federal loans, but if the students accept the offer they can’t transfer credits.

That means Missouri’s estimated 700 ITT Tech students are most likely out either time or money, if not both.

Administrators at local institutions offering to help the displaced students say the best way to weigh the pros and cons is to come talk to them and get the particulars of their situation.