Who owns ITT Tech?
ITT Educational Services, Inc.
ITT Technical Institute (often shortened to ITT Tech or ITTTI) is a for-profit technical institute with over 130 campuses in 38 states of the United States. ITT Tech is owned and operated by ITT Educational Services, Inc. (NYSE: ESI), a publicly traded company headquartered in Carmel, Indiana.
Does ITT Tech still exist?
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.
When did ITT shut down?
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.
Are ITT Tech credits transferable?
On its own website, however, ITT cautioned it was “unlikely that any credits earned at the school will be transferable to or accepted by any institution other than an ITT Technical Institute.” ITT has released a list of schools that offer similar programs but it’s unlikely they will accept transfer credits.
Where is Kevin modany now?
Modany is now an “executive management and strategy consultant,” who, while ITT was in bankruptcy, claimed that the company still owed him $5 million in severance and deferred compensation.
How do I get my ITT loan forgiven?
Under the new action, eligible borrowers will automatically get their loans cleared if they did not attend another college within three years of the school’s closure. Those who went to another college but did not earn degrees may be eligible but must apply for discharges, the agency said.
Do any schools accept ITT Tech credits?
Here are some schools that have stated they will accept credits from ITT Tech: Lawson State Community College. Colorado State University–Global Campus. Wayland Baptist University.