I’m An ITT Student, What Are My Options Now?

I’m An ITT Student, What Are My Options Now?

Now that the Department of Education has barred ITT Technical Institutes from enrolling new students who receive federal financial aid, the future is decidedly not bright for the for-profit college chain. With a potential shutdown looming, what are the options available to current ITT students? [More]

More Trouble For ITT Education Services: Agency Restricts For-Profit’s Use Of Federal Student Aid

More Trouble For ITT Education Services: Agency Restricts For-Profit’s Use Of Federal Student Aid

Just a month after for-profit college operator ITT Education Services announced it had become the focus of a federal fraud investigation, the Department of Education revealed it had placed restrictions on ITT Technical Institute’s use of federal grants and loans.  [More]

ITT Educational Services Target Of Federal Fraud Investigation

ITT Educational Services Target Of Federal Fraud Investigation

Things don’t appear to have gotten better for for-profit college operator ITT Educational Services since it announced in September 2014 that it was under increased scrutiny from federal regulators, as the owner of the ITT Technical Institute chain revealed on Monday that the Department of Justice is looking into whether the company defrauded the federal government. [More]

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]

ITT Educational Services Under Increased Scrutiny From SEC, Department Of Education

ITT Educational Services Under Increased Scrutiny From SEC, Department Of Education

Could ITT Educational Services be the next large for-profit company facing collapse? Things might not be that dire for the parent company of ITT Technical Institute, but the institution recently revealed it’s under increased government examination that could result in the loss of federal funds. [More]

CFPB Sues ITT Tech For Allegedly Exploiting Students, Pushing Predatory Loans

CFPB Sues ITT Tech For Allegedly Exploiting Students, Pushing Predatory Loans

The Consumer Financial Protection Bureau filed a federal lawsuit against a well-known for-profit college chain, alleging the company exploited its students and pushed them into high-cost private student loans that were likely to end in default. [More]