ITT Tech is Closing its Schools Nationwide

It is a sad day for many student around the country. The for-profit education provider ITT Tech is shuttering more than 130 campuses across the country, leaving as many as 40,000 students and 8,000 employees displaced.

ITT claimed the U.S. Department of Education’s move to stop students who get federal aid from enrolling at its schools caused its downfall.

ITT Tech announced Tuesday that it's ceasing operations. Read our 2015 deep dive into the for-profit college chain: https://t.co/VQWGagHAI2

— Intl. Business Times (@IBTimes) September 6, 2016

A message to @ITTTech students from @JohnKingatED: https://t.co/dYaao43ZT6 #ITTtech

— Dorie Turner Nolt (@EDPressSec) September 6, 2016