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re: ITT closing all "campuses"

Posted on 9/6/16 at 10:21 am to
Posted by riseandgrind
Baton Rouge
Member since May 2015
22 posts
Posted on 9/6/16 at 10:21 am to
A school has to be accredited to receive federal aid.
75% of ITT revenue comes from federal aid.
20% of ITT federal student loans are in default.
ITT charges $50,000 for an associate's degree.
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
14754 posts
Posted on 9/6/16 at 10:24 am to
Our son attended a for profit about 10 years ago, Graphic Design school out west. Was a money pit, which has been paid off, thankfully and finally. He called after about 1 and a half years, 'Dad, am wasting your money and it is time to come home'.

School was likewise closed by Department of Education.

Part of me is disgusted with me for allowing us to be boon doggled. Other part of me is disgusted as I am convinced what they offered was nowhere close to reality.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15836 posts
Posted on 9/6/16 at 10:25 am to
quote:

So, no more ITT commercials?

but but they looked so successful on TV
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60423 posts
Posted on 9/6/16 at 10:28 am to
Joe Martin in the commercials seemed like a good dude. I wonder if the local stats were better than the national?
Posted by TigerNlc
Chocolate City
Member since Jun 2006
33102 posts
Posted on 9/6/16 at 10:34 am to
What about their football team?
Posted by adamb2151
Houston, Texas
Member since Jun 2013
6586 posts
Posted on 9/6/16 at 10:36 am to
Just what the country needs. Less educational opportunities for the people who cant afford or cant get into universities.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60423 posts
Posted on 9/6/16 at 10:37 am to
No way they're making the playoffs. The lack of a game plan will catch up to them.
Posted by CaptSpaulding
Member since Feb 2012
6960 posts
Posted on 9/6/16 at 10:37 am to
quote:

I have an Itt degree. I've made in excess of 100k 3 out of the last 5 years. 2 of them 160k+. The non 100k years were 90k
Education is what you make of it



Sounds like you make as little or as much as YOU want! Do you set your own hours?
Posted by LordSnow
Your Mom's House
Member since May 2011
6004 posts
Posted on 9/6/16 at 10:38 am to
No. I worked overseas 2 of those years.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 9/6/16 at 10:38 am to
quote:

I have an Itt degree. I've made in excess of 100k 3 out of the last 5 years. 2 of them 160k+. The non 100k years were 90k
Education is what you make of it


What do you do?
This post was edited on 9/6/16 at 10:39 am
Posted by Cash
Vail
Member since Feb 2005
37594 posts
Posted on 9/6/16 at 10:41 am to
quote:

Joe Martin in the commercials


That is ITI
Posted by LordSnow
Your Mom's House
Member since May 2011
6004 posts
Posted on 9/6/16 at 10:41 am to
It systems engineer /admin


Mostly VMware and Windows admin
This post was edited on 9/6/16 at 10:42 am
Posted by Brosef Stalin
Member since Dec 2011
41649 posts
Posted on 9/6/16 at 10:42 am to
quote:

Less educational opportunities for the people who cant afford or cant get into universities.

If you can't afford a real university, you certainly can't afford $20,000 a semester for ITT.
Posted by wfallstiger
Wichita Falls, Texas
Member since Jun 2006
14754 posts
Posted on 9/6/16 at 10:44 am to
but that loan money sure did flow and was managed by the school, no less

One of those life lessons
Posted by extremetigerfanatic
Member since Oct 2003
5851 posts
Posted on 9/6/16 at 10:45 am to
quote:

Joe Martin

Pretty sure thats ITI. That's a BR based regional school.

ITT is a national company.

Don't think they are related. I could be wrong though.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60423 posts
Posted on 9/6/16 at 10:46 am to
Posted by Sterling Archer
Member since Aug 2012
8249 posts
Posted on 9/6/16 at 10:46 am to
What did you Study?
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 9/6/16 at 10:46 am to
quote:

but that loan money sure did flow and was managed by the school, no less

One of those life lessons


PBS Frontline did a pretty good episode on for-profit colleges in 2010. It is very interesting how it works.

LINK
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
86097 posts
Posted on 9/6/16 at 10:47 am to
quote:

Less educational opportunities for the people who cant afford or cant get into universities.


Please describe in detail the candidate who will not have an alternative to ITT.

Thanks in advance.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17631 posts
Posted on 9/6/16 at 10:51 am to
quote:

It systems engineer /admin


Mostly VMware and Windows admin




What was the failure rate of those classes? Did you notice students were enrolled who had no business taking on that level of coursework?
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