Tag: ITT Technical Institute

Latest News

U.S. Education Department Announces Loan Forgiveness for 18,000 Cases Related to ITT

Students whose financial and academic trajectories may have been jeopardized by the abrupt 2016 closing of controversial for-profit ITT Technical Institute will be getting some relief from the federal government. The U.S. Department of Education (ED) announced approval of 18,000 borrower defense to repayment claims for people who attended the school.

June 17, 2021

Military

Proposed Amendment Scrutinizes For-Profit Schools Targeting Veterans

Florida Democrat Rep. Dr. Donna Shalala proposed an amendment to the annual defense spending bill, the National Defense Authorization Act, which would audit for-profit colleges that enroll veterans while failing to meet Department of Education financial responsibility standards. It would require the secretary of defense to review how much Department of Defense Tuition Assistance a for-profit receives and to publish the results online.

September 10, 2019

Latest News

Study Urges Better Post-College Employment Data

Employment data on college graduates needs to be accurate, comprehensive, verifiable, comparable, transparent and accessible for the benefit of students seeking post-secondary education, and the federal government should play a key role in making that happen, according to recommendations in a study released by The Institute for College Access & Success (TICAS).

December 11, 2018

Latest News

Skepticism in Higher Ed of Gainful Employment Rescission

Count Dr. Charlie Eaton among the skeptics. A sociologist who studies inequality, he recently presented a paper about for-profit colleges at The National Bureau of Economic Research and says the federal education department’s plan to rescind Gainful Employment regulations will leave low-income and African-American students particularly vulnerable – again.

August 13, 2018

Students

NASFAA Offers Guidance to Displaced College Students

The National Association of Student Financial Aid Administrators has developed a website to benefit students whose colleges closed while they were enrolled or shortly after they withdrew.

June 5, 2017

Students

Ex-ITT Students Want to be Creditors in Bankruptcy Case

CARMEL, Ind. — Former students of ITT Educational Services Inc. are asking to be considered creditors in the for-profit college operator’s bankruptcy case. The Indianapolis Business Journal reports that five former students filed the motion Tuesday asking that they and thousands of other students be recognized as creditors as the bankruptcy case moves forward. The […]

January 5, 2017

Students

For-profit Colleges Expect Fortunes to Improve Under Trump

After nearing collapse under the Obama administration, the for-profit college industry is celebrating Donald Trump’s election as a chance for a rebound.

November 29, 2016

Students

Citing Finances, Heritage College Closes 10 Vocational Sites

COLUMBUS, Ohio ― The for-profit Heritage College with 10 vocational campuses across eight states has closed abruptly, citing financial problems and decreased demand for its services. Heritage College’s website said its campuses were permanently closed as of Tuesday. The business was established in 1986 and advertised training for careers in medical, dental and veterinary assistance; […]

November 3, 2016

Students

New Rules Aim to Help Students Clear Loans in Cases of Fraud

BOSTON ― The government has issued new rules meant to help students get their federal loans erased in cases involving fraud and misconduct by their schools. Federal education officials have been working to create a more detailed system for students to file claims since the Education Department received thousands of claims from former students of […]

October 30, 2016

Students

ITT Tech’s Closing Leaves Many Veterans in Limbo

After the abrupt closure of the ITT Technical Institute last month, the state of some veteran students’ education, many of whom cannot have their GI benefits restored, remains unclear.

October 19, 2016

Students

Amid Scrutiny, For-profit Colleges See Enrollment Slide

Some of the nation’s largest for-profit colleges are suffering steep declines in enrollment amid growing competition, new regulation and government pressure that led to the collapse this month of one of the industry’s biggest players, ITT Technical Institute. The industry has been losing students for the past six years, but the crisis appears to be […]

September 22, 2016

Students

Department of Education Forgiving Loans of Some Former ITT Tech Students

The Department of Education said today that it would put a maximum of $500 million towards federal loan forgiveness for former ITT Technical Institute students.

September 19, 2016