Wednesday, September 7, 2016
Arthur Daly worked at ITT Technical Institute’s Youngstown branch for eight years.
When he found out Tuesday he was no longer employed as director of career services and the campus was closed, his thoughts went immediately to concern for the students.
“I have students I am still in contact with now,” he said. “We are trying to help our students because that’s the right thing to do.”
ITT Educational Services Inc., the parent company of ITT Tech, on Tuesday announced the closure of all of its 130 ITT Tech locations in 38 states after the Department of Education issued sanctions against the for-profit educator.
Last week, after the Accrediting Council for Independent Colleges and Schools found the school was not in compliance, the department banned ITT from enrolling new students using federal financial funds.
It also stepped up financial oversight of ITT and gave ITT 30 days to increase its surety from $94.3 million to $247 million or 40 percent of all Title IV aid the school received in 2015 payable in full.
In response, ITT said it was forced to close its ITT Tech campuses after 50 years of educating.
Read more about the situation in Thursday's Vindicator or on Vindy.com.