ITT Technical Educational Services Inc. abruptly announced on Tuesday that it will cease operations at all campuses.

The college’s closure, which affects 40,000 students and 8,000 employees, is one of the largest in US history.

The Department of Education held a press conference to discuss next steps for affected students, urging them to consider the two options currently available: discharge their federal loans or transfer to another school.

Current students and those actively enrolled in past 120 days who made the decision to leave are eligible to have 100% of their federal loans discharged. These students are also free to start their read more >>>

Source:: BusinessInsider.Com