ITT Tech To Closes ALL Locations, Blames Obama Administrations Recent Decision – 3%
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ITT Tech To Closes ALL Locations, Blames Obama Administrations Recent Decision

The company that operates ITT Technical Institutes said Tuesday it was permanently closing all its campuses nationwide, blaming the recent move by the U.S. Education Department to ban the for-profit college operator from enrolling new students who use federal financial aid.

The shutdown will affect about 35,000 students who were preparing for the start of classes this month and cost more than 8,000 employees their jobs.

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