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ITT Tech shuts down nationwide


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2016 Sep 6, 11:06am   2,387 views  11 comments

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http://www.centralvalleybusinesstimes.com/stories/001/?ID=31188

Three Central Valley locations included •  Government says it has only itself to blame After approximately 50 years of operations, the for-profit college chain ITT Educational Services Inc. is shutting down nationwide.

#itt

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1   Tenpoundbass   2016 Sep 6, 12:57pm  

Some business model. They have to shut the doors when the Federal loans dry up.

I don't think I've ever worked along side an ITT tech grad.

And I'm a highschool drop out self taught.

2   MAGA   2016 Sep 6, 8:12pm  

Tenpoundbass says

don't think I've ever worked along side an ITT tech grad.

Me neither.

3   AllTruth   2016 Sep 6, 8:24pm  

Another for-profit diploma mill bites the dust.

Hopefully, the others are next (Phoenix, Everest, etc.).

And while we're on the subject, what's up with "not-for-profit" state funded universities with presidents making millions and tenured (i.e. can't be fired) professors making well into the 200k and even 300ks, not to mention the bloated administrative staffs (lawyers, counselors, registrars, union reps, etc.) who are all in sucking on the taxpayer teat for their useless existence.

5   Dan8267   2016 Sep 6, 8:29pm  

On the bright side, now anyone can claim an ITT masters degree in any field and there's no way to check. Just bypass college altogether.

I, myself, have a PhD in diplomacy from ITT and will be applying for the U.S. ambassador position in France.

6   Dan8267   2016 Sep 6, 8:33pm  

www.youtube.com/embed/DTvpikMIs3Q

We built this business to violate copy---right---law.

7   Dan8267   2016 Sep 6, 8:35pm  

AllTruth says

Hopefully, the others are next (Phoenix, Everest, etc.).

Don't forget Lincoln Tech.

8   neplusultra57   2016 Sep 6, 8:46pm  

Look on the bright side, ITT still did more actual good and ripped off less money per "student" than Trump University.

9   AllTruth   2016 Sep 6, 8:55pm  

What's the one that claims it trains technicians to work on motorcycles, vehicle motors and aircraft motors, and has a 98% job placement rat w/in 6 months of graduation (probably as clerks at 7-11), or the HVAC one?

I love the education dot connection one with the dumb millennial chick in her pajamas singing that catchy jingle.

I also love the Mobile Williams dude look-a-like one with the sideways turned baseball cap who says "you're sitting on your couch anyways...".

These places were/are giant ponzis set up to enrich the execs and shareholders, and were only made possible by galactically idiotic federal student loan programs, which were subsidized by the taxpayers (just like FHA/HUD mortgage loans subsidized by the taxpayers, which now comprise 84% of all new and existing home mortgages underwritten).

10   Dan8267   2016 Sep 6, 9:12pm  

Ironman says

Now you have something to blame your shitty programming skills on.

I managed to finger your daughter's well-known port.

11   Bellingham Bill   2016 Sep 6, 9:28pm  

itt-tech.edu registered in 1996

my alma mater .edu registered in April 1985 : )

My first year cost $1300 in school fees and went up no faster than inflation until I was out (then it skyrocketed, alas)

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