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                                                                      EXHIBIT 23
 
                       CONSENT OF INDEPENDENT ACCOUNTANTS
 
     We hereby consent to the incorporation by reference in the Registration
Statement on Forms S-8 (Nos. 33-80435 and 333-38883) of ITT Educational
Services, Inc. of our report dated January 10, 1998, appearing on page F-1 of
this Form 10-K.
 
                                          /s/ PRICE WATERHOUSE LLP
                                          PRICE WATERHOUSE LLP
Indianapolis, Indiana
February 13, 1998