HOUSTON - ITT Educational Services says it is permanently ceasing operations at all of its ITT Technical Institutes, Eden Prairie and Brooklyn Center locations included.
The company says the closures are due to an investigation and sanctions by the U.S. Department of Education.
"It is with profound regret that we must report that ITT Educational Services, Inc. will discontinue academic operations at all of its ITT Technical Institutes permanently after approximately 50 years of continuous service," the company stated Tuesday. "Effective today, the company has eliminated the positions of the overwhelming majority of our more than 8,000 employees."
ITT Tech, known for its frequent daytime TV commercials, had two locations in Minnesota in Eden Prairie and Brooklyn Center.
For students eligible for a loan discharge, they can contact their loan servicer for further information. Students can visit https://studentaid.ed.gov/sa/ to view who manages their loan and see if they can request a loan discharge.
For students who wish to continue their studies, ITT Tech has this list online (PDF) that shows which institutions are similar to theirs and may accept their credits.
Last week the Associated Press reported the U.S. Department of Education banned the for-profit college chain from enrolling new students who use federal financial aid.
(© 2016 KHOU)