CLEVELAND, OH (WOIO) –
ITT Technical Institute announced Tuesday that it would be closing all of its campuses following last week’s stoppage of federal aid to the for-profit college, including local campuses in Warrensville Heights, Strongsville, Akron and Youngstown.
ITT Tech, like many other for-profit colleges, has been the subject of government ire for a long time, with the college accepting an estimated $580 million in federal money in 2015, according to the Department of Education. The government alleges that these schools take tax payer and student money, but fail to adequately prepare students for jobs after they graduate.
Last week, the government ceased all financial aid to the school in what many referred to as a “death sentence” for the school.
“It is with profound regret that we must report that ITT Educational Services, Inc. will discontinue academic operations at all of its ITT Technical Institutes permanently after approximately 50 years of continuous service,” ITT said in a statement released Tuesday. “With what we believe is a complete disregard by the U.S. Department of Education for due process to the company, hundreds of thousands of current students and alumni and more than 8,000 employees will be negatively affected.”
ITT Tech has more than 140 campuses in 38 states. The colleges enroll around 45,000 students.
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