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

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

Ben Miller, a senior director at the Center for American Progress and a former senior policy advisor at the Department of Education (ED), called the closure “long overdue,” and described an institution whose concern over growth and profit trumped a quality education for students.

“The reason why this action took down ITT was because of choices repeatedly made by management for years that weakened the school, harmed read more >>>

Source:: BusinessInsider.Com