ITT Tech May Shut Down After Department of Education Threat
ITT Technical Institute may close its doors in weeks following sanctions handed down from the U.S. Department of Education. One of the most critical threats prevents the school from admitting students who rely on federal aid for tuition payment. The institution has been on the receiving end of negative reviews for decades with former students warning potentials to choose another venue for education.
The sanctions against ITT Tech are the equivalent of a death sentence. The educational facility can no longer receive tuition by way of federal aid and must increase its reserves by millions. The reserves are funds designated to support students in the instance that a company closes. Students who have … click HERE to continue reading
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