Tag: ITT Tech

ITT laid off 8k employees in sudden closure, and now, they’ve been sued
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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...
It’s official: For Profit School ITT Tech has shut down
Your take?

It’s official: For Profit School ITT Tech has shut down

PHOENIX -- Effective as of this writing, ITT Tech has confirmed that all of its campuses across 38 U.S states are closing. The news comes on the heels of the U.S Department of Education banning the school from enrolling any new students that take federal aid in America, something, that the school was heavily dependent on. Federal authorities lodged sanctions against the school beginning in April, something, that brought cheers across the education community. The school, had, previously come under intense scrutiny after the feds claimed that they lured students into high cost loans, that, they knew would end in default.
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