ITT Tech announces it is closing all campuses - WNEM TV 5

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ITT Tech announces it is closing all campuses

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SWARTZ CREEK, MI (WNEM) -

A national for-profit college with several Michigan campuses announced it closed all campuses on Sept. 6.

This comes after learning ITT Tech would lose some federal funding for student aid amid talks the school could lose its accreditation.

Students looked to ITT Tech as a way to improve their lives.

The college's students all across the nation were stuck in limbo before ITT Tech's announcement. Prior to the closing announcement the school announced it would not accept any new students this year.

One Mid-Michigan student, who wished to remain anonymous, attended ITT Tech's campus is Swartz Creek. She was worried for her family's future and the value her two ITT Tech degrees will hold if the school closed.

"I put two years of hard work, sweat and money into trying to complete my degrees. Taking out student loans, which they say may be forgiven if the school closes. It's gonna be kind of hard because no one accepts ITT Tech's credits," she said.

The college said the close is permanent.

"With what we believe is a complete disregard by the U.S. Department of Education for due process to the company, hundreds of thousands of current students and alumni and more than 8,000 employees will be negatively affected. The actions of and sanctions from the U.S. Department of Education have forced us to cease operations of the ITT Technical Institutes, and we will not be offering our September quarter. We reached this decision only after having exhausted the exploration of alternatives, including transfer of the schools to a non-profit or public institution," the college said in a press release.

To read the complete press release click here.

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