There are countless ways this place is going to shed jobs, students, and money from now until the inevitable closure.
This article is interesting for what is says as much as what it doesn't.
"Higher interest rates will hurt the millions of Americans struggling with student loan, credit card, and other forms of debt. Already over 40 percent of Americans who owe student loan debt are defaulting on their payments.
If Federal Reserve policies increase the burden of student loan debt, the number of defaults will dramatically increase leading to a bursting of the student loan bubble."
http://www.newsmax.com/RonPaul/Fed-Federal-Reserve-GDP-Keynesian/2016/04/20/id/724895/
So there is a public acknowledgment of the bubble we all know exists, a bubble that ITT is on the outer fringes of by creating far more debt and far worse outcomes. When the bubble does inevitably pop, who is going to feel the pain more? This place is being scrutinized on every aspect that it fails at, and has always failed at. Job placement, debt loads, quality of curriculum, quality of labs, lack of certifications, lack of reputation, even a lack of qualified teachers. Any one of the dozen agencies investigating this place can and will cut off federal funds, and once that happens this place is bust.