For-Profit ITT Expects New Student Enrollment Will Drop By Up To 60% This Fall

For-Profit ITT Expects New Student Enrollment Will Drop By Up To 60% This Fall

Facing multiple lawsuits, the possible loss of its accreditation (from an accrediting body that is in trouble on its own), and demands from federal regulators that it have enough cash on hand to cover losses in case things do collapse, ITT Educational Services now says it will likely see new student enrollment drop by up to 60% this year. [More]

Is ITT Tech Headed For A Collapse? School Required To Set Aside Funds Just In Case

Is ITT Tech Headed For A Collapse? School Required To Set Aside Funds Just In Case

Trouble continues to mount for ITT Educational Services. The for-profit college operator behind the ITT Technical Institute chain, which is already under investigation by federal and state agencies for a slew of abusive and misleading practices, must now have enough money on hand just in case it’s forced to close its doors.  [More]

Greiner Construction

Nursing Students Sue ITT Tech Over Misleading Enrollment Practices, Substandard Program

The lawsuits continue to pile up for embattled for-profit college company ITT Education Services. Just days after the Massachusetts Attorney General filed a suit alleging the operator of the ITT Technical Institute brand engaged in a slew of abusive and misleading practices, a group of 11 Tennessee nurses have filed their own complaint accusing the company of deceiving students during the recruitment process about the school’s accreditation prospects.  [More]

Massachusetts Sues ITT Technical Institute For Allegedly Harassing, Misleading Students

Massachusetts Sues ITT Technical Institute For Allegedly Harassing, Misleading Students

Trouble continues to mount for ITT Educational Services. The for-profit college operator behind the ITT Technical Institute chain is already under investigation over concerns it may have defrauded the federal government, and now faces a lawsuit from the Massachusetts Attorney General for allegedly engaging in a slew of abusive and misleading practices.  [More]

Whistleblower Lawsuit Accuses ITT Tech Of Defrauding Government, Using Deceptive Recruitment Practices

Whistleblower Lawsuit Accuses ITT Tech Of Defrauding Government, Using Deceptive Recruitment Practices

A recently unsealed whistleblower lawsuit against for-profit college chain ITT Technical Institute accuses the school of operating a “systematic scheme” to defraud the government by using a litany of abusive, deceptive practices to enroll students.  [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]

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]