On September 6, 2016, ITT Tech ceased operations and closed all of its locations, issuing a statement that attributed the closing to the Department of Education's actions.

Did ITT go out of business?

ITT Tech, once among the nation's largest for-profit college chains by revenue, filed for bankruptcy and abruptly shut down in 2016, forcing more than 40,000 students to look for another school and leaving many with large student loans.

Why did ITT Tech closed its doors?

ITT Technical Institute is the latest school to close its doors after significant sanctions were placed upon the institution by the Department of Education (ED). ... Additional operational requirements, which included that the school could not enroll new students that may receive federal student financial aid funds.