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ITT Technical Institutes Shuts Down

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Re: ITT Technical Institutes Shuts Down

#281

Post by joedissmeyer »

TwoFactor wrote: post #177
joedissmeyer wrote: post #20

I am personaly happy to see the hammer come down on these for-profit universities. I too feel for the students as I was one of the Corinthian Colleges students a few years ago at Everest University through one of the Florida campuses. My degree program was the A.S. in Computer Information Sciences -- such a waste. Look up the job placement rates for that program in 2010, just insane. Thankfully I too have been able t…

I tried googling the A.S. in Computer Information Sciences job placement rates and couldn't find anything. Do you have a link?

@twofactor --- Yes here you go -

https://www.insidehighered.com/sites/default/server_files/fi...

I found this when doing my research for the borrower to defense repayment act when submitting to the Department of Education. I included a copy of this exact PDF with the URL in my application.

Re: ITT Technical Institutes Shuts Down

#282

Post by arikrak »

Instead of the government trying to protect their loans and end up doing the opposite, maybe the government shouldn't be in the business of lending money to individuals? Government + lending + a supposed social benefit = disaster. First it was with helping people own homes, and now it's with helping people go to college. It sounds nice, but by lending money the government can just hide the true cost of what their doing. (Meanwhile government loans for housing have gotten worse: http://www.economist.com/news/leaders/21705317-americas-hous...)

Re: ITT Technical Institutes Shuts Down

#283

Post by wildmusings »

Houshalter wrote: post #229
dntrkv wrote: post #130

Earlier quoted context omitted.

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…

You know that's an interesting thought. That its not the quality of the education, but the quality of the student. Similar to how prestigious schools do better just because they filter for better students.

This is the dark truth about education that no one likes to talk about. It's almost all about what happens in the home. What happens at school is irrelevant by comparison.

Re: ITT Technical Institutes Shuts Down

#284

Post by Retra »

qaq wrote: post #215
johnward wrote: post #198

Earlier quoted context omitted.

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.

That is immoral such as all fraud is, but we do not compensate victims of bank fraud, medical fraud, ponzi schemes the list is infinite.

Bank fraud, medical fraud, and Ponzi schemes are not typically committed in the open with government and public support.

Re: ITT Technical Institutes Shuts Down

#286

Post by WesternStar »

logfromblammo wrote: post #105
dec0dedab0de wrote: post #70

Earlier quoted context omitted.

or aggressively recruit you by calling you non-stop and using manipulative pressure tactics Wow, you just reminded me of something funny that happened about 15 years ago. A younger friend of mine was interested in tech, and knew I was "good with computers". They had taken some online quiz, and said I should take it. So I took it, and filled out my info thinking I might win something (I was young, and didn't particula…

Never mind pushy . How do rude salespeople even exist? I have never even liked the concept of a salesperson, as distinct from a vendor's point-of-sale clerk. I don't like to haggle; I check competitor prices, and use advertised sales or coupons.

If you've never sold its kind of hard to understand but doormats are people who have nothing to offer and who's time isn't valuable. Part of selling things to people is selling yourself. People with high value are allowed to be arrogant and rude , in moderation.

Re: ITT Technical Institutes Shuts Down

#287

Post by qaq »

Retra wrote: post #284
qaq wrote: post #215

Earlier quoted context omitted.

That is immoral such as all fraud is, but we do not compensate victims of bank fraud, medical fraud, ponzi schemes the list is infinite.

Bank fraud, medical fraud, and Ponzi schemes are not typically committed in the open with government and public support.

It's on case by case basis but I would imagine a lot of people would disagree on bank fraud :)

Re: ITT Technical Institutes Shuts Down

#288

Post by icantdrive55 »

wallace_f wrote: post #261
dntrkv wrote: post #130

Earlier quoted context omitted.

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…

On the other hand: >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. That was me >They go to community college That was me >surprise, they again get terrible grades and stop going Nope, that was not me. I got a 4.0 in communnity college >Anyways, these sales people will constantly pester you trying to get you to signup and take out…

I went to a community college too. I was told in the first few weeks, most of you will drop out, and not transfer. This tenured Ph.d was quite a jerk, but he was right.

I transferred to a four year university, and got that rediculious degree. I look back, and there was so much b.s., involved in getting that degree, I'm suprised I finished.

I finished because it was better than working full time. I had this beautiful, competitive girlfriend who I just couldn't be with anyone without a degree. I'll never forget the look on her face when she asked me, "How do you feel about getting a degree?" Honestly Ingrid(yes, unbelievable blond) it was a waste of time. In four years, I had maybe eight classes what I really felt were worth the money.

If I was to do it over again, I would have picked a degree I was interested in. I picked business administration . I thought it was the safe choice. I was wrong.

I went to graduate school for a year, and dropped out due to health problems, and I didn't believe the mantra they were spewing. I did pay back that 10 grand. I'm glad I payed it back because I need to file a chapter 7 soon.

(If anyone currently going to a community college reads this, hang in there. It will get depressing. Your buddies will fill your head with stories about epic parties at their school. Just finish those general education transfer courses. I actually had a great time in CC. In Anatony, and Physiology classes, I dated a lot. It was loaded with nursing students.)

Re: ITT Technical Institutes Shuts Down

#289

Post by prirun »

jimbokun wrote: post #263
ohyes wrote: post #203

Earlier quoted context omitted.

The end result you describe isn't much different than a number of 4 year undergraduate degrees, PhDs or masters programs (all at "good" colleges). The best advice I ever received was to not pursue a Ph.D. in philosophy. It's wrong to think that departments at not-for-profit schools don't have a marketing incentive that is (at best) indifferent to the best interests of the student.

"It's wrong to think that departments at not-for-profit schools don't have a marketing incentive that is (at best) indifferent to the best interests of the student." You're right, so let's start cutting off the federal loans spigot to them next.

Agree 1000%. We need to get back to where students can pay for their own education with a part-time job and graduate debt-free. If the loans are cut off, colleges will have to cut their administrative staff and go back to shitty dorms, vs the luxury apartments that kids are living in now.

Re: ITT Technical Institutes Shuts Down

#290

Post by coev »

sytelus wrote: post #186

There is a startup opportunity here. It actually shouldn't take a lot of resources for this kind of technical education. Get a community hall, few experienced volunteers and have them teach skills for free to anyone who is interested. Students just promise to pay portion of their income if and when they get job. A startup gets little cut for coordinating whole thing.

I believe a lot of hacker schools do exactly this
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