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ITT Educational Services files for bankruptcy

More information for ITT Tech students is available online or by phone at 303-586-5290.

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TTC’s Fall 2 term begins October 18.

We want to thank all our students and staff who were with us over those years and wish all of you the best in your future. “ECPI University’s trial period allows them to do just that”.

According to U.S. Undersecretary of Education Ted Mitchell the decision came as a result of multiple state and federal investigation into the now defunct schools practices.

In August, an accreditation board found that ITT hadn’t met its standards and wasn’t likely to. Students who attended ITT at the time of its closure are eligible to have their federal loans wiped away if they don’t complete their program elsewhere.

The case is In re ITT Education Services Inc, 16-07207, U.S. Bankruptcy Court, Southern District of Indiana. The closing of its campuses leaves current students with various options from attempting to transfer their credits to a loan forgiveness program. The federal government banned the school from accepting any more students with federal aid, which was a huge blow for the school, since it made most of its money from that aid. Senator Elizabeth Warren wrote a scathing report on the for profit school industry a few months ago. “ITT Tech failed, again, to meet the scandalously low standards of its accrediting agency but still sucked down a whopping $600 million in taxpayer dollars previous year”, Warren wrote.

Traina is also working to find a way for the final class off ITT students to graduate. “ITT charged high tuition for an education that is substandard to a high school education”. There is no indication that something similar will be extended to ITT Tech students. Contact information has been erased from the schools website.

Less than 18 months ago, thousand of students at another high-profile for-profit chain were forced into the same situation. She said she’ll probably go to a community college and try to finish as quickly as possible. Erase them now. Return what we have already paid. And they’ve all been having a really stressful September.

“I had been taking classes, I did the pre-education classes, the core classes”, said Session.

White is one of 100 protestors waging a “debt strike” to bring attention to the plight of students they say were scammed by ITT Tech.

The department forgave about $171 million in debt owed by Corinthian students. By the time she dropped out in 2009, she had amassed $19,000 in federal loans and another $15,000 in private loans sponsored by ITT. “This school has been around since before I was born, and now it’s gone?” Laments Kelli Young from Arizona.

Or that 8,000 people will lose their jobs. 136 campuses in 38 states closed with no warning. In 2015, there were about 3,500 for-profit institutions, including two-year and four-year vocational and technical schools.

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“I miss it. I miss the students”. “My classmates, I call them my brothers”.

ECPI extends offer to ITT Tech students