ITT Technical Institute closed all of its campuses last year, after the Department of Education blocked it from enrolling students on federal aid as part of their crackdown on the for-profit education company. Now, we finally have a sense of how much the ITT Tech’s closure will cost taxpayers.
By the time ITT Technical Institute (ITT) closed its doors earlier this month, the for-profit college had been selling tenuous diplomas at exorbitant prices for more than 20 years. The company had been taking millions in federal grant money, burying low-income and first-generation students in insurmountable debt, and…
ITT Technical Institute is officially closing all of its campuses following federal sanctions imposed against the company. The for-profit college announced the changes in a statement:
ITT Technical Institute might be closing down for good.