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Closing of ITT Tech and other for-profit schools leaves thousands of students in limbo

The for-profit college boom has gone bust.

Closures of high-profile schools such as ITT Technical Institute have left thousands of students in limbo while raising questions about the future of an industry that provides training for vocational, technical and other mid-level skilled jobs.

For-profit schools are facing major challenges on several fronts after a period of meteoric growth.

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