ITT Tech officially shuts down following federal sanctions

After federal sanctions banned ITT Technical Institute from enrolling new students, the for-profit institution announced it will officially shut down operations at all of its 130 campuses.

One of the school’s campuses is in Levittown.

“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. 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,” said a statement from ITT Tech released Tuesday morning.

The statement comes about a week after the school stopped enrolling new students following the U.S. Department of Education banning ITT Tech from enrolling students who rely on federal financial aid. The ban went alongside other sanctions from the Department of Education, including amped -up financial oversight, and many speculated it would end in a shutdown.

The ITT Tech statement blamed the “actions of and sanctions from the U.S. Department of Education” for forcing the shutdown, and said the institute will not be offering a September quarter. The immediate shutdown followed consideration of alternatives, including transferring the schools to a nonprofit or public institution, according to the statement.

ITT Tech called the actions of the U.S. Department of Education “unwarranted” and a “lawless execution.”

“We were not provided with a hearing or an appeal,” the statement continued. “Alternatives that we strongly believe would have better served students, employees and taxpayers were rejected. The damage done to our students and employees, as well as to our shareholders and the American taxpayers, is irrevocable.”

ITT admitted no fault in the statement, though the school has been the subject of repeated state and federal investigations this year and has twice been found out of compliance with its accreditor’s standards, according to the U.S. Department of Education.

Last week, Bucks County Community College announced it will be holding three information sessions to help out students turned away by ITT Tech to continue their education.  The sessions are scheduled for Sept. 7 at 4, 5 and 6 p.m. at the Lower Bucks Campus in Bristol Township. 

Current ITT Tech students who have questions about their federal student aid can visit studentaid.ed.gov/sa/about/announcements/itt.

One thought on “ITT Tech officially shuts down following federal sanctions

  1. Pingback: Bucks Community College reaches out to students turned away by ITT Tech | The Midweek Wire

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