i want to take a moment to discuss i.t.t. tech. i.t.t. tech is another for-profit college that is under scrutiny by federal and state regulators. last year the department of education found that the company, i.t.t., failed to meet its fiduciary duty to the department and failed to meet the standards of administrative capability required of institutions under title 4, and they placed restrictions on i.t.t. the department then required i.t.t. tech to pay nearly $80 million to be kept in escrow to guard against the potential collapse of this for-profit school. the company is under investigation by 18 state attorneys general related to deceptive marketing. this is deceptive marketing of students, college students who are being misled into signing expensive tuition contracts with the school. the new mexico attorney general found that i.t.t. tech placed students into loans without the knowledge of the students, falsely stated the number of credits a student had to take in order to push them into more debt, failed to issue refunds of tuition and