The student loan scam killed ITT Tech

posted by
September 27, 2016
Ludwig von Mises Institute
by Nathan Keeble  
Posted in Commentary

"ITT Technical Institute announced that it was shutting the doors of its campuses earlier this month, after the Department of Education barred the company from accepting federal student aid funds. Thousands of employees have lost their jobs and tens of thousands of students are left saddled with monstrous debt, no degree, and credits that are scarcely accepted elsewhere. This is clearly nothing short of a disaster for those involved, but could this be a glimpse into a grim future for the education sector?" (09/26/16)  

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