Hundreds of thousands of students and employees abruptly learned Tuesday morning that ITT Technical Institutes is closing permanently. The U.S. Department of Education banned the school from enrolling new students who rely on federal financial aid last week. With what we believe is a complete disregard by the U.S. Department of Education for due process to the company, hundreds of thousands of current students and alumni and more than 8,000 employees will be negatively affected. ITT Tech will now "focus" on helping students with "their records and future educational options."