It's promising news for Indiana factories where many skilled, long-time workers are nearing retirement.
An email Ferguson wrote to university officials in March 2015 claims the board chairman micromanaged him on many issues.
A small group of public and private colleges say they’ll waive fees and evaluate credits earned by ITT students.
The chain has been the subject of state and federal investigations focusing on its recruiting and accounting practices.
ITT spokeswoman Nicole Elam said in an email the company has "voluntarily suspended new student enrollment as we assess our options."
U.S. Dept. of Education officials announced the ban Thursday among a series of measures meant to increase financial oversight of the company.
Under the law, to keep financial aid at the maximum amount, students must complete 30 credits by the end of their freshman year and in each additional year.
Five Indiana nursing schools are in danger of losing accreditation due to student's low exam performances.
The Commission for Higher Education has until December to establish the selection process for who gets the scholarship.
The report found Ivy Tech graduation rates are significantly lower than the national average.