"Military veterans were among the people most affected by this month's shutdown of ITT Technical Institutes. More than six-thousand former service members were enrolled at the for-profit college chain. David Lee Murphy Jr. was due to start classes this month at ITT's Seattle campus. He paid his tuition and even bought books. The day after Labor Day he awoke to an email informing them that the school had shut down.
‘I was angry. Still am. They basically took their money and ran,’ Murphy said.
Murphy lost nearly a year of his post 9-11 GI Bill money at ITT – $7,000 per quarter that the government provided him to get a debt-free education. It's money that as of now, he won't be getting back.
Meanwhile, ITT's shutdown cost veteran Michael Horsley more than his education money. He could lose his home. That's because he gets a basic housing allowance from the VA that pays him $1,500 a month for his rent. But to keep getting it, he has to be enrolled in school. ‘Right now I won't be receiving it,’ Horsley said. ‘This month I won't be able to make enough to be able to pay for rent.’ Horsley also had a part time work study job at ITT. He's losing that income too." ... See MoreSee Less