U.S. Senator Tom Carper today blasted the for-profit educational company ITT Technical Institute after it announced it was closing campuses across the country, leaving 40,000 students – and 7,000 student veterans – with no classes and no degrees.
Carper, a top Democrat on the Senate Homeland Security and Governmental Affairs Committee, denounced the chain after it announced the closings in response to a U.S. Department of Education decision to ban it from enrolling new students who use federal financial aid.
The decision will impact 130 campuses across 38 states. There is no ITT campus in Delaware, although Delaware-based students will be impacted along with more than 8000 employees.
“The closure of ITT Tech means the nearly 7,000 student veterans using their Post-9/11 GI Bill benefits to finance their education cannot complete their degree, even if they’re just a few credits short,” said Carper. “ITT Tech now headlines a shameful list of for-profit college chains that have spent years and millions of dollars aggressively recruiting and enrolling veterans with generous federal benefits, only to close abruptly and leave students and taxpayers in the lurch. This is grossly unfair to our nation’s veterans and their families.”
“While not every for-profit college is a bad actor, the predatory recruitment practices employed by some of these businesses … are well documented. Enough is enough. Too many taxpayer dollars have been wasted, and too many veterans have been robbed of their time and hard-earned GI Bill benefits. Congress can take meaningful steps to prevent the next ITT Tech from reaching the point of financial collapse.”