TDDS Technical Institute suspending training programs

As reported last week, TDDS Technical Institute says it's struggling to survive as it comes out of the pandemic, causing them to suspend their programs. They tell 21 News that the reasons behind the suspension include:
Low enrollment from the pandemic shut-down leading to decreased revenue.
The student population taking advantage of enhanced unemployment opportunities.
Truck driver training instructional staffing deficiencies.
Continuously increasing inflationary-driven costs of daily operations like wages, benefits, and fuel and oils costs.
New financial aid regulations causing school educational costs to rise.
Ohio State legislators removing funding for CDL driver training.
Delays in the federal financial aid assitance renewal process, (preventing TDDS from enrolling new students over the last four months.)
Diesel tech training admissions competing against fleet and dealership employers recruiting students directly out of high school and putting them through very well-paying apprenticeship programs.
"It's been very overwhelming," said Rick Rathburn Jr., CEO and owner of TDDS Technical Institute. "This isn't something that a business does afer 48 years," he said.
Rathburn says they may sell the business but it hurts because it's family owned.
"We're actively putting it out there that we're possibly going to sell. Sell the business or the properties, the campus and the equipment that goes along with it," said Rathburn.
Rathburn tells 21 News, truck drivers make between $30,000-$100,000 dollars a year and that he's shocked more people aren't applying to get salaries like that.
He hopes that when unemployment benefits end, it will push people to come back to truck driving. He has no plans of completely going out of business.