The mistake ITT Tech did was being "for profit" - run it as a non-profit and be ... | Hacker News

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		bombcar on April 20, 2022 \| parent \| context \| favorite \| on: U.S. forgives 40k student loans The mistake ITT Tech did was being "for profit" - run it as a non-profit and be satisfied with enriching the management, and sail on.

oh_sigh on April 20, 2022 [–]

No, not really. The wikipedia page I linked lays out all of the illegal things they did, which are still illegal for non-profit institutions.

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