CARMEL , Ind., Sept. 15 (UPI) -- The parent company of ITT Technical Institute will end all operations Friday, it announced in a regulatory filing.
ITT Educational Services Inc., based in Carmel, Ind., closed all its 136 ITT Technical Institute campuses last week after the U.S. Department of Education stopped the schools from accepting students who rely on federal financial aid. In 2015, ITT received 79 percent of its cash receipts from federal student loan programs.