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Local students left hopeless after ITT shutdown

Posted at 5:43 PM, Sep 06, 2016
and last updated 2016-09-06 21:45:52-04
"How am I supposed to recuperate my G.I. bill? That they've already processed and sent to you all?" 
 
This isn't how school normally starts. But this isn't a school anymore.
 
ITT Technical Institute shut its doors for good on Tuesday. Some students got just a few hours notice.
 
"I didn't even know what to think. I was like maybe I'm dreaming right now. Maybe I need to wake up," said former student Julio Ortega.
 
Ortega was just a semester away from his degree. He's sunk tens of thousands of dollars into the school.
 
In Henderson, 13 Action News has seen several people walk up to the front doors, which are locked. There's not even a sign on the front door.
 
The U.S. Department of Education says the ITT shutdown is about protecting students and taxpayers.
 
They couldn't let federal funds go to the for-profit institution without some major changes, and the school just couldn't make it happen.
 
Students like Ortega have a few options. Try to start at another school and see if they'll transfer any credits, possibly starting from scratch. They could also look into a federal loan discharge, to possibly stop making payments on the student loans.