As reported by the Associated Press:
Thank you for reading this post, don't forget to subscribe!A for-profit college company with 15 campuses in California was ordered by the state Friday to stop enrolling new or returning students who plan to fund their educations with GI Bill benefits.
The order to ITT Educational Services came in a suspension notice issued by a division of the California Department of Veterans Affairs that sanctions training programs to serve veterans.
ITT operates more than 135 schools in 39 states under the names ITT Technical Institute and Daniel Webster College.
The Securities and Exchange Commission filed a fraud complaint against the Indiana-based company this week over an alleged scheme to cover up losses from private student loans that ITT had guaranteed to its investors.
California officials suspended ITT as an …
Speak Your Mind