Complaint Review: Merchants Credit Guide

So I get this letter from Merchants Credit Guide Co. Apparently i owe $616.75 to some place called ITT Educational Services... Bull is what I say. so i call the place up and try to figure out what this is all about. Apparently, I had an account with ITT. Apparently I was going to school and didn't pay my tuition fees. Apparently my last payment was recieved in February, 1994!!!! now what sounds fishy about this? I would've been 8 years old at the time!! But apparently they want me to pay this bill. If i'd like to dispute it, than i have to send something in writing stating that i was a minor at the time and play the whole "my identity was stolen" bit. Pretty sure i'm just gonna write them a nice little letter and tell them to shove it.

How is this even legal? they have my social, they even knew my address that i moved from 3 years ago.. this just isn't right..

Glenn
St George, Utah
U.S.A.