California Suspends GI Bill Eligibility For ITT Tech

California Suspends GI Bill Eligibility For ITT Tech

Thousands of California students planning to use veterans benefits to enroll at ITT Technical Institute campuses will need to find other means of financing their education after the state’s Department of Veterans Affairs suspended ITT Educational Services’ eligibility for GI Bill funding. [More]

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Senator Calls For Investigation Into Three For-Profit College Chains, Restrictions On Future Campus Sales

The struggle to protect students from potentially harmful for-profit college chains continued today as Illinois Senator Dick Durbin urged the Department of Education to investigate the business practices of three of the country’s largest propriety education companies – ITT Educational Services, Career Education Corporation, and Education Management Corporation. [More]

Legislator Demands Department Of Education Investigate For-Profit Chain ITT Technical Institute

Legislator Demands Department Of Education Investigate For-Profit Chain ITT Technical Institute

Following the Securities and Exchange Commission’s decision earlier this week to file fraud charges against current and former executives with ITT Education Services – the operator of for-profit college chain ITT Technical Institute – for their part in concealing problems with company-run student loan programs, one legislator is calling on the Department of Education to further investigate the company. [More]

SEC Charges Current, Former Executives Of For-Profit Chain ITT Educational Services With Fraud

SEC Charges Current, Former Executives Of For-Profit Chain ITT Educational Services With Fraud

Back in September ITT Educational Services – the operator of for-profit college chain ITT Technical Institute – revealed it was facing increased scrutiny by several government agencies. That scrutiny turned to action this week as the Securities and Exchange Commission filed fraud charges against current and former executives with the company for their part in concealing problems with company-run student loan programs. [More]

Aggressive Recruiting At Military Bases Pays Off: For-Profit Schools Received $1.7B Of Post-9/11 GI Bill Funds

Aggressive Recruiting At Military Bases Pays Off: For-Profit Schools Received $1.7B Of Post-9/11 GI Bill Funds

The Post 9/11 GI Bill aims to further the education of United States servicemembers and their immediate family members, but a new government report reveals that most of those funds are going to further increase the bottomline at for-profit colleges. [More]