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ITT Tech shuts down all campuses; thousands of students, employees in limbo

jmotivator said:
Yeah, I know, just making a joke.

But hell, even 5-1 seems like an unworkable ratio.
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It does seem a bit high, but I think the University I worked at had about half that ratio.
400 employees, and 4000 students.
 
jmotivator said:
If they have as many employees as students then I think I see their problem. ;)
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I did note 40,000 students and 8,000 employees.....that will never work. Student numbers have been dropping like a stone though as the bad press the last few years has gotten around about for profit schools:

Re U Phoenix
The company has cut its enrollment forecast to 130,000, well below the record 470,000 students six years ago
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University of Phoenix investors OK sale to private backers
 
longview said:
It does seem a bit high, but I think the University I worked at had about half that ratio.
400 employees, and 4000 students.
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Yeah, and I realized after I wrote that that it seems more like a Capt. Obvious statement given that ITT Tech just went out of business. Obviously a 5-1 ratio was unworkable! :prof
 
apdst said:
ITT Tech has been around since 1946 and now it needs to be shut down by the government? I smell some political bull****.
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It was not shut down by the government.

They made the decision to close themselves.

They lost their accreditation twice this year.

They were also being investigated for predatory recruitment practices, student financial aid abuses, and falsification of post graduation placement numbers.

They were screwing their students at every turn.

Educate yourself before posting.
 
jmotivator said:
Yeah, and I realized after I wrote that that it seems more like a Capt. Obvious statement given that ITT Tech just went out of business. Obviously a 5-1 ratio was unworkable! :prof
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Exactly.
 
There's something amiss here. If ITT's standards are lax and their degrees worthless then I guess DeVry's next

Or did their parent Company make a donation to the DNC and the Clinton Foundation? ?
 
SMTA said:
It was not shut down by the government.

They made the decision to close themselves.

They lost their accreditation twice this year.

They were also being investigated for predatory recruitment practices, student financial aid abuses, and falsification of post graduation placement numbers.

They were screwing their students at every turn.

Educate yourself before posting.
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From the OP:

The Department of Education told the company on Aug. 25 that it couldn't enroll new students who use federal financial aid.
The school accused federal officials of forcing the closure and denying it due process
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Look in the mirror and offer advice.
 
Fenton said:
There's something amiss here. If ITT's standards are lax and their degrees worthless then I guess DeVry's next

Or did their parent Company make a donation to the DNC and the Clinton Foundation? ?
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The parent company probably made a donation to the Trump Campaign.
 
apdst said:
From the OP:



Look in the mirror and offer advice.
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You are incapable of seeing what you quoted does not support your bull**** theory.

Your ignorance is blissful.
 
SMTA said:
You are incapable of seeing what you quoted does not support your bull**** theory.

Your ignorance is blissful.
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Look in the mirror and repeat after me: "I will actually read the OP before posting personal attacks".
 
Chomsky said:
I'd like to hear the other-side of the story?

There's been a recent push by the gov to halt aid to fraudulent & non-performing schools.
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I would very much love to see that really happen. I would start with denying any federal loan (or loan guarantee) to (or to attend) any public college or university that has a graduation rate of under 25%. The student loan default rate for non-graduates is ridiculous.

Uniersity of New Mexico

UNM is a large public university that is ranked at #181 in national surveys and has some recognized programs. However, it has an underwhelming graduation rate of only 13%, and seems to lean towards larger class sizes, with more than half of all classes accommodating 20 students or more. UNM is also one of the most dangerous colleges in the country, with FBI crime statistics ranking it as the 7th most dangerous campus in the nation. Property and violent crimes are certainly not an everyday occurrence, but not uncommon.
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3. University of the District of Columbia

The University of DC has relatively low tuition costs, but its very low graduation rate of 6% puts it near the bottom of the list as far as prestige and academics. Complaints from students include distant and unresponsive administration, below par buildings and facilities and a lack of social activities. Low enrollment sometimes causes certain classes to be cancelled, leaving those already registered high and dry. Its urban setting will also not be a lot of people’s cup of tea.
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https://owlcation.com/academia/The-10-Worst-Colleges-In-America
 
apdst said:
I would love to know the whole story too. A high level of performance isn't exactly a benchmark that is a priority for the regime.
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I think the big issue is that current policy and rules put the government (the taxpayers) on the hook for poor performing loans made to students at these for profit schools. The school makes money on the loans, the tuitions are outrageous to begin with, and default by the student means the tax payers are on the hook.

If my understanding is correct, I'm glad they've made some effort to end the organized fraud by such schools, and the absurd loophole they take advantage of.
 
Thoreau72 said:
I think the big issue is that current policy and rules put the government (the taxpayers) on the hook for poor performing loans made to students at these for profit schools. The school makes money on the loans, the tuitions are outrageous to begin with, and default by the student means the tax payers are on the hook.

If my understanding is correct, I'm glad they've made some effort to end the organized fraud by such schools, and the absurd loophole they take advantage of.
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That's why the government should get out of the student loan business.
 
apdst said:
That's why the government should get out of the student loan business.
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I am a well know radical, just as I want to eliminate the health insurance industry I want to end most student loans....university slots should be cut 30-35% to get rid of the sure to be useless excess, those who get in compete on academic merit alone to get in, then it is paid for with government support and endowments. Maybe we charge room and board, a fair price, everything else is taken care of. Maybe they sign on to three years of public service and we take care of room and board too.

It is time to make some changes in this country, and I am not talking about cosmetic, cause that wont get the job done.
 
Wow. And they have been around awhile. I remember seeing their commercials when I was a kid back in the 80s.
 
BrewerBob said:
Wow. And they have been around awhile. I remember seeing their commercials when I was a kid back in the 80s.
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Same here thought about going then found out it was a bad idea.
Went to the local community college the first time.
 
apdst said:
More personal attacks. Its all you have. How does it feel to be so inadequate?
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Or the fact you are just wrong in what you said.
 
I just wanted to say my former brother in law, who was a fantastic guy, graduated from ITT Tech in electrical engineering. He worked some temp jobs, but landed a job as a QC supervisor. It paid really well. He worked hard, got a good job, and provided for him and my sister.

I don't think this is so clear cut. That is what I am saying.
 
apdst said:
But, I'm not. Just you saying it, doesn't make it a fact.
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Then prove it. As you said saying it doesn't make it fact.
 
sookster said:
I just wanted to say my former brother in law, who was a fantastic guy, graduated from ITT Tech in electrical engineering. He worked some temp jobs, but landed a job as a QC supervisor. It paid really well. He worked hard, got a good job, and provided for him and my sister.

I don't think this is so clear cut. That is what I am saying.
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How much student does he have?
 
apdst said:
That's why the government should get out of the student loan business.
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Why?

Tell us why they had yo get involved in the first place.

Now is the time to share your knowledge of this subject.

Why is the government involved and why should they get out.

Please enlighten us.
 
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