Education Dept. Probes ITT Technical Institutes

The company that operates ITT Technical Institutes has disclosed that it is being investigated by the U.S. Department of Education.

As a result of the inquiry, students who enroll at two planned new locations can't participate in federal financial-aid programs. The inquiry apparently focuses on how ITT pays its student recruiters.

The inquiry does not affect financial-aid eligibility for ITT's existing 68 institutes, which enroll over 28,000 students in

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