ITT laid off 8k employees in sudden closure, and now, they’ve been sued
This week saw the much anticipated demise of ITT Technical Institute, for those that don't know, that's a for-profit school in America. The demise of the school has long been sought by officials; parents, and students that have felt for so long, that, the technical school was nothing more than an orchestrated scam perpetrated against desperate students seeking a degree.
The school, announced this week that all 130 U.S campuses would close immediately. The move came weeks after the federal government in America declared that ITT Tech could not actually enroll anymore students that take federal financial aid, because, officials felt that ITT had abused their right to use federal aid -- and often -- had triggered students to take out loans that they should not have done in the first plac...
