ITT Educational Services Files for Bankruptcy

On Friday, September 16th, ITT Educational Services filed for Chapter 7 bankruptcy protection. The decision led to ITT closing more than 130 of their colleges this month, affecting approximately 35,000 students and 8,000 employees. ITT’s move to file bankruptcy comes after the Department of Education barred them from enrolling new students who receive federal aid,… Continue reading ITT Educational Services Files for Bankruptcy

Oil Patch Schools Facing Budget Nightmare

Here is an interesting article from The Texas Tribune. “In December 2014, the week Pam Seipp became interim superintendent of Runge schools, the tiny South Texas district held a symbolic groundbreaking for schools and sports facilities to be paid for by a $22 million bond that local voters overwhelmingly approved just as oil prices began to slip. “Seipp’s… Continue reading Oil Patch Schools Facing Budget Nightmare