SPRINGFIELD –(ENEWSPF)–August 25, 2016. U.S. Senator Dick Durbin (D-IL) released the following statement after the U.S. Department of Education announced it would place additional restrictions on ITT Educational Services, Inc. (ITT Tech) to protect students and taxpayers. As part of today’s announcement, ITT Tech will be banned from enrolling new students using federal financial aid, must notify current students that the institution is not in compliance with accreditor standards, and will be required to pay an additional $150 million to the Department to cover potential losses to taxpayers.
