http://www.indystar.com/story/money/2016/08/25/itt-tech-banned-enrolling-new-students-who-rely-federal-loans/89350678/
4 replies (most recent on top)
But I thought capitalism and the free market would prove how much better private business and run things better than the government? Oh except we forgot to mention we need to s--- 90% of our cash low from the US government to make that theory work.
EDMC is still closing out BMC and from all I've heard and read, it's a long, slow process. No one wants to make the mistake of collapsing the business overnight. AI will collapse in due time.
Obama made a promise to close down the For Profits and he means to keep that promise. When the time is right, I'm confident Title IV money will be yanked from AI as well.
This is huge everyone. Look for ITT to announce closure soon.
Another domino about to fall