Senator Dick Durbin has long been a critic of for profit colleges and the financial aid they've received from the federal government.
Some of his more pointed comments have been directed at ITT Technical Institute, which announced Tuesday it was closing all of its campuses, including Springfield and three in Suburban Chicago (Arlington Heights, Oak Brook and Orland Park) In a March speech on the Senate floor, Durbin talked about the massive debt racked up from ITT Technical Institute and the not so massive repayment.
Durbin says the Department of Education clearly saw the storm clouds coming months ago.
The Education Department declared new students would not receive federal financial aid. ITT first stopped accepting new students, then decided to close their campuses.
