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ITT Technical Institutes Shuts Down

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191–200 of 304 posts

Re: ITT Technical Institutes Shuts Down

#191
post #124

Earlier quoted context omitted.

What's your local community college?

Santa Rosa Junior College[1]. I just looked up AMATYC rankings, and apparently they haven't placed since 2003-2004. I'm not sure if that's because of their math department degrading, or other colleges stepping up their game, or some failure at the state K12 level in supplying fundamentals (since the contest is based on student performance). It's possible my information is somewhat out of date (I went through there ar…

Nice, I live in SR now and attended SRJC in '02-03 or so, but eventually made my way to their Petaluma campus for their CCNA program.

Re: ITT Technical Institutes Shuts Down

#192

As a 2005 graduate of ITT, I'm glad. This was a long time coming. Now if only I could get my loans refunded :p

"... cancel any federal student debt ..."

That's the problem. Maybe I'm in the minority but everyone I know has like less than $10k in federal loans and $40k or more in private loans.

I can't figure out how I end up reading about people with $100k in federal student loan debt that get forgiveness for working for the government. How the hell did you manage to get THAT much in federal subsidized money? The only way I could go to school was by using private loans. My wife has private loans at 13% adjustable...

Re: ITT Technical Institutes Shuts Down

#193
post #54

I went to a similar for-profit school in Minnesota who also similarly shut down last year. I still feel like they get a bad rap. Was it overpriced? Probably. Did I learn a ton and have small class sizes. Absolutely. The instructors had all previously worked in the industry, and knew their topics very well. On top of all that, after graduation their persistent pestering of "how many places did you apply to this week?"…

You remind me of their commercials; not that such a thing is bad, it just always seemed to me that some percentage of the people attending these schools must be having a positive experience.

Unfortunately, I think you're in the minority.

I also wonder how much their lack of success could be contributed to the kinds of people who have ITT as their most viable option. You might be able to better speak to this than I, but I've always kind of assumed ITT was a "last resort", where other institutions (community colleges, etc) would be better options if available.

Re: ITT Technical Institutes Shuts Down

#194

Federal student loans shouldn't be available to any non-accredited institution. If your credit hours won't transfer then it isn't a real College or University.

> Federal student loans shouldn't be available to any non-accredited institution. ITT was accredited by an accreditor recognized by the government (though, among their many other problems, that accreditor has, this year, been formally recommended to be removed from that list of recognized accreditors; and even if they weren't removed, they had notified ITT that ITT's accreditation was in jeopardy -- that jeopardy was…

> Transferability is a different issue than accreditation, and often differs strongly from receiving school to receiving school.

Yes but basically no regionally accredited school is taking nationally accredited credits. There is no way to transfer to a "legitimate school" in that case.

Re: ITT Technical Institutes Shuts Down

#195
For IT degrees (bachelor and master) for those who cannot go to a "normal" college for four years, an option to consider is the online non-profit Western Governor's University [1]. It is especially interesting if you already know much of the material through work or self-study.

It was founded by several state governors about 20 years ago, and is accredited by The Northwest Commission on Colleges and Universities.

It's pricing is interesting: $2890 per six-month term, regardless of how many classes you take or credits you earn during that term. If you want to take a heavy load to earn the degree faster and save money, you can.

Each degree program has a particular list of skills that you have to demonstrate competency in to earn the degree. They offer, of course, all the necessary classes to learn those skills, but you are not required to take those classes--you are just required to demonstrate the skills. If you have already acquired some of these skills elsewhere, you can take the test or do the project that demonstrates it and that will count toward the degree.

For most of the IT degrees you also earn several widely recognized third-party IT certifications, at no extra cost. For example the IT bachelor's program in network administration includes these certifications: MSCA Windows Server, CompTIA Linux+, CompTIA A+, CompTIA Network+, CompTIA Security+, and CompTIA Project+.

(The offer more than IT, BTW. The also have bachelor and master programs in teaching, business, and health).

[1] https://en.wikipedia.org/wiki/Western_Governors_University

Re: ITT Technical Institutes Shuts Down

#196
post #29

Earlier quoted context omitted.

Why should avg. taxpayer take on this burden?

Because the federal government allowed ITT to participate in the student aid programs.

The government approved loans to the school. They carry some of the burden. They should be taking every asset from ITT first but I know that they will have none somehow and the execs will walk away with multiple millions.

Disclaimer: attended ITT and paid off the fed loan. Still paying on a parent plus that I doubt would qualify for forgiveness.

Re: ITT Technical Institutes Shuts Down

#197
post #91

Earlier quoted context omitted.

Fuck the word taxpayer, it's a lie hiding in a literalism. It pretends that people are paying for some service and they could stop. No. Society, as individuals on behalf of the whole, has responsibilities . One of those is to pick up the tab when people's lives have been ruined through no fault of their own. The whole "small government" thing has just been people blowing off their responsibilities.

Where do you draw the line? A lot of people make stupid choices do we pick up the tab for any stupid decision anyone makes?

I draw the line at funding exxon but I can't just stop doing it.

Re: ITT Technical Institutes Shuts Down

#198
post #158

Earlier quoted context omitted.

There's a difference between a stupid decision and being defrauded. A debt incurred as a result of fraud should simply be null and void. Probably the best way to do this is to make it the fraudster's debt, and not the victim's.

None would argue with second part. I would say not doing a google search before spending 10k+ is closer to stupid action .

I don't think you understand how these schools sell their "education" to people who are ignorant of higher education. They literally targeted people who don't know any better and promise that they will make $75k out the gate.

Re: ITT Technical Institutes Shuts Down

#199
post #130
post #54

I went to a similar for-profit school in Minnesota who also similarly shut down last year. I still feel like they get a bad rap. Was it overpriced? Probably. Did I learn a ton and have small class sizes. Absolutely. The instructors had all previously worked in the industry, and knew their topics very well. On top of all that, after graduation their persistent pestering of "how many places did you apply to this week?"…

Just because you had a great experience does not negate the fact that for-profit college students, statistically, fare much worse. A common pattern I have seen: Person does terrible in high school, doesn't get into a good college because they don't have the drive or commitment to get good grades. They go to community college, and surprise, they again get terrible grades and stop going. After a while they want to go b…

I signed up for computer learning center the month they went bankrupt. After 3 weeks of classes, I showed up and they were wheeling furniture out the front door. Dodged a bullet, there.

Re: ITT Technical Institutes Shuts Down

#200

Earlier quoted context omitted.

> Federal student loans shouldn't be available to any non-accredited institution. ITT was accredited by an accreditor recognized by the government (though, among their many other problems, that accreditor has, this year, been formally recommended to be removed from that list of recognized accreditors; and even if they weren't removed, they had notified ITT that ITT's accreditation was in jeopardy -- that jeopardy was…

> Transferability is a different issue than accreditation, and often differs strongly from receiving school to receiving school. Yes but basically no regionally accredited school is taking nationally accredited credits. There is no way to transfer to a "legitimate school" in that case.

> Yes but basically no regionally accredited school is taking nationally accredited credits.

Plenty of regionally accredited schools don't take regionally accredited credits (even from the same accreditor), either. Common accreditation doesn't imply transferability.

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