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The Closure of ITT Tech and the Crash-Landing of the For-Profit College Industry

In Accountability by Dan Hurley

When ITT Educational Services, Inc. announced last month that it was closing all 130 of its ITT Tech campuses, stranding some 45,000 students and 8,000 employees, the company sought to blame the U.S. Department of Education for its excessive regulatory burden and disregard for due process.  The for-profit college chain’s death was portended the month prior when the Education Department …