PSA: ITT Tech OUT of Business

[cbelt3]

http://gizmodo.com/itt-is-officially-closing-1786243058

"ITT Tech closed all of its campuses just one week after it stopped enrolling students following a federal crackdown on for-profit colleges. ITT Tech and other for-profit colleges have been widely criticized for accepting billions of dollars in government grants and loans while failing to provide adequate job training for its students. Last year, ITT Tech received an estimated $580 million in federal money (aka taxpayer dollars), according to the Department of Education."

[Speedy]

Another one down, too many more to go.

[cbelt3]

Speedy wrote:
Another one down, too many more to go.

Yes but..
There are not enough legitimate colleges for the demand.
Or will high school guidance counselors stop telling kids they 'have to have a degree' ?

Note also that there are not enough trade schools. ITT and organizations like it have filled a demand for years. While they have certainly been incredibly abusive of funding and of students, who will fill the demand ?

[Will Collier]

Wow. Surprising.

I'm well aware of ITT's diploma mill reputation, but those schools are a good resource for some people. One of the very best engineers I ever worked with was an ITT grad.

[Will Collier]

cbelt3 wrote:
http://gizmodo.com/itt-is-officially-closing-1786243058

"ITT Tech closed all of its campuses just one week after it stopped enrolling students following a federal crackdown on for-profit colleges. ITT Tech and other for-profit colleges have been widely criticized for accepting billions of dollars in government grants and loans while failing to provide adequate job training for its students. Last year, ITT Tech received an estimated $580 million in federal money (aka taxpayer dollars), according to the Department of Education."

Be curious to see a comparison with more traditional colleges that also fail "to provide adequate job training for students." I very seriously doubt that shortcoming is limited to the ITT's of the world.

[Sam3]

I always thought that ITT was one of the more reputable for-profit schools. I remember seeing ads for them when I was a kid, many moons ago.

[Speedy]

"A report from The Atlantic recently revealed that “students pursuing bachelor’s and associate’s degrees at for-profit colleges saw their earnings drop, compared to before they started the program.” The reason is because students at for-profit colleges are less likely to finish their degrees, have a higher risk of living in poverty, and students often become burdened by debt without learning any new technical skills."

[beagledave]

cbelt3 wrote:
While they have certainly been incredibly abusive of funding and of students, who will fill the demand ?

Where I live, this is one of the things that community colleges do.

[Paul F.]

beagledave wrote:
[quote=cbelt3]
While they have certainly been incredibly abusive of funding and of students, who will fill the demand ?

Where I live, this is one of the things that community colleges do.
Where I live (and I experienced this myself) our Community College staff didn't know where the Vocational Technical building WAS, and were rather agressive at steering students into useless, worthless, pseudo-academic classes because they got more money from the feds for "academic" classes than for vocational programs.

[OWC Jamie]

Speedy wrote:
"A report from The Atlantic recently revealed that “students pursuing bachelor’s and associate’s degrees at for-profit colleges saw their earnings drop, compared to before they started the program.” The reason is because students at for-profit colleges are less likely to finish their degrees, have a higher risk of living in poverty, and students often become burdened by debt without learning any new technical skills."

The exact same is true for community colleges.


" we gotta bring them to heel. "


It's just more of the same old war on the middle class and keeping the poor on the plantation