ITT Tech Is Officially Closing (gizmodo.com)
Reader Joe_Dragon shares a Gizmodo report: ITT Technical Institute is officially closing all of its campuses following federal sanctions imposed against the company. The for-profit college announced the changes in a statement: "It is with profound regret that we must report that ITT Educational Services, Inc. will discontinue academic operations at all of its ITT Technical Institutes permanently after approximately 50 years of continuous service. With what we believe is a complete disregard by the U.S. Department of Education for due process to the company, hundreds of thousands of current students and alumni and more than 8,000 employees will be negatively affected."
ITT Tech announced it was closing all of its campuses just one week after it stopped enrolling students following a federal crackdown on for-profit colleges. ITT Tech and other higher education companies like it have been widely criticized for accepting billions of dollars in government grants and loans while failing to provide adequate job training for its students. Last year, ITT Tech received an estimated $580 million in federal money (aka taxpayer dollars), according to the Department of Education.
ITT Tech announced it was closing all of its campuses just one week after it stopped enrolling students following a federal crackdown on for-profit colleges. ITT Tech and other higher education companies like it have been widely criticized for accepting billions of dollars in government grants and loans while failing to provide adequate job training for its students. Last year, ITT Tech received an estimated $580 million in federal money (aka taxpayer dollars), according to the Department of Education.
So when are the FEDs going to shut down the big Universities? $180,000 of student loans and NO JOB prospects ... They aren't being honest either.
Don't worry. The same people will have already started a new company, under a new name, which does exactly the same thing as the old company. Bonus points if they also have ITT Educational Services, Inc. sell all the trademarks for "ITT Technical Institutes" to the new company.
the growth in cynicism and rebellion has not been without cause
I had a friend that worked at the office of one of these campuses. She told me that 99% of the time they didn't even have a teacher for the class until the day before it started, let alone lesson plans or anything else. She quit after the second FBI raid and never looked back.
Having gone to ITT Tech AND then having gone to get my BSEE from an accredited university I can say without doubt those schools are designed to let you pass with a minimum amount of effort. HOWEVER, you CAN get a tremendous amount of knowledge IF you step up to do the extra work, which is what I did. That being said if you are willing to step up and be that self motivated to do that much work then it's no harder to go to a normal uni and getting a real degree.. which I did 2 years after going to ITT tech.. it was an expensive waste of time and energy that would have been better put to something else.... like a real degree. I did find the first few years of EE classes pretty easy due to what I had previously learned... but the path I took mistakenly took is not one I would recommend for others.. It REALLY wasn't worth it in time or money.
good riddance.
This is the way it used to be. You learned a trade and went to work.
Not everyone is cut out for University and have no reason to go - other than accumulating large amounts of debt
I was a student there. That was the best 7 years of my life -- good friends, better drugs, best sex. I'd drink a red bull and viagra on Friday afternoon and fuck 10-15 dudes before Monday came around. I'm working as a fullstack junior web engineer at a SF startup so there's just as much, if not more, sex, but I miss the drugs and friends. Skipping work because I'm hungover isn't quite the same as skipping class because I'm hungover.
I plan on doing my own startup in a couple months, once I get a cofounder, raise a series A and find an idea. I wouldn't be here without ITT so this is a little sad for me :(
I know ITT Tech and other for-profit schools fill a gap in the education system, but this whole sector seems perfectly positioned to scam uneducated people out of student loan money, VA benefits, trade adjustment benefits, etc. and give them very little in return.
The vast majority of potential students would be much better served going to community college, or if they're in a strong union state, joining a trade's apprenticeship program and actually getting paid while learning.
There should be a simple rule, NO federal loans going to FOR PROFIT institutions. It does not make sense to give out federal loans to institutions that exist mainly to make money out of their students.
Right, that's what kept people from applying to their local community college...
Don't confuse federal loan guarantees with actual money - that $580 Million (not Billion) is owed by the students to the lenders, not as grants from the federal government. In order for the local community colleges to get the $580 Million that previously went to ITT Tech the local community colleges would have to raise tuition to the level charged by ITT Tech.
In the case of my local college, it was oversubscribed and the technical programs were limited and oriented to licensed trades.
However for first year college, they cover the same stuff as any other college for a fraction of the price and the results counted towards a degree in the state universities. So you if you played it right, you could get a serious discount on your education. This worked for 2 of 4 children, the other 2 went straight to uni. It also serves as a path to escape high school early. College is such a better learning environment than high school.
Hence - if the US government wants cost effective college teaching, fund the community colleges to do it. They have a track record and a customer base. The local colleges would not need to raise tuition at all. They are able to teach at a specific cost per student. There's no need for it to change because they take on a few more techy courses.
Point taken on it being loans though.
I should use this sig to advertise my book ISBN-13 : 978-1501515132.
my god man. what skool did you's go to for lerning to spelling?
I want to make damn sure my kids do not land in the same place!
People now have no excuse to choose to go into debt to attend one of these places. If there are still people open to a pitch like this, what else can be done? Sure, go after the colleges but they're like moles. It's buyer beware and take some responsibility. Frankly, I would choose a state university or community college or some other option that enables you to get a decent education without too much debt. It's not worth the crazy debt levels and everyone should now know that the for profit college space is more than a bit sketchy.
So when are the FEDs going to shut down the big Universities? $180,000 of student loans and NO JOB prospects ... They aren't being honest either.
You do realize that you don't have to go to an expensive private university, right? Anyway if I go get a Harvard degree it will cost me a lot of money but I will in all likelihood have gotten an actual education along the way. You can argue that it isn't a good deal financially but you do get something at the end of the day. If you can't turn a Harvard degree into some sort of job you're doing it wrong. Comparing Harvard to or even a state university to ITT Tech is ridiculous.
Companies like ITT (I don't really think of them as schools) basically provide a near worthless degree which nobody respects and doesn't open doors. They do so knowing that a large percentage of their customers (students) will fail out. They exist to load credulous low income people with debt while failing to provide them a real education. They prey on people who probably really aren't the sort of people who are college material in the first place. College is great but it isn't the right path for everyone. Trade schools would serve many of them much better and there is a clear need for skilled trades.
I'm sorry but state colleges give garbage degrees. My brother just graduated from the University of Maine degree with a liberal arts degree and is sweeping floors at a gas station.
No, your brother chose a garbage major, and chose to spend a lot of money on an education that doesn't align with a career doing anything but sweeping floors at that gas station. It's not the state college's responsibility to make your brother face reality and study something that's actually challenging. If he wants to take on debt so he can spend four years on poetry or Russian literature or on women's studies, that's his business, and HIS debt. Quit whining - yourself, and on his behalf. You're as bad as he is, if you're blaming anyone other than him for his absurd choices.
Don't disappoint your bird dog. Go to the range.
But a degree in Liberal Arts won't get me me a high paying job
Basically nobody has a degree in Liberal Arts. Liberal arts is a group of subjects which includes many of the the STEM fields. If you have a degree in Physics you have a liberal arts degree. Same with Mathematics, Chemistry, Earth Sciences, Biology, plus of course Languages, Literature, Psychology, Philosophy, Social Sciences, Arts, and more.
Some liberal arts degrees are more valuable to employers than others but saying that liberal arts as a whole = no jobs is to misunderstand the term.
"We live in a society that does not value education at all,"
1) We have a society that effectively mandates education for a minimum of 12 years
2) We spend more per pupil than any country in the world to educate people
3) The subsidies to universities number in the hundreds billions of dollars
4) We encourage everyone to go to college. Everyone.
If you're whining that you don't get college for free, keep in mind that if you lived in a society that pays for "free" college, the admission standards for college would have to be raised so that only the 10% of the smartest people are allowed to go to college.
You would likely be excluded from any sort of higher education based on your complete lack of ability to even articulate a problem properly.
So what about all of the universities that operate with the same motives? I happen to know that the drive to get more Adjunct
Faculty is money/profit driven. As are all of the fees ( Parking, meals, activity, recreational, computer, lab, etc... ).
They scream for tuition and fee hikes while having billions of endowments and holdings...
Graduate students are used as cheap intellectual laborers...
Most Universities ask a job applicant (technical only, in my experience ) "How much money can you bring in?"
Research money pays a lot of bills...
So, in my opinion, most universities have shifted from behaving like educational institutions to behaving like corporations.....
This is a big mistake. Really Big.
But the world will go on, and after the excrement structure falls apart, small conclaves of educators will begin rebuilding
education from the rubble left.
Just before the dot com collapse of the last century, I was just getting started with a couple years of freelance PC tech stuff and minor web design under my belt as I worked my way up the business desktop support chain at Gateway dreaming of more challenging things. These "schools" were hot stuff then. I foolishly decided to go for it. I don't remember the name of the place, although a lady friend of mine I met there insists to this day it was a satellite office for Stanford University. Needless to say it is not, she does not work in IT, and the school went poof shortly thereafter.
As a testament to their teaching, in the Linux class, I had to show the instructor how to compile source code and so on. By the time I was thinking about calling quits, it was obvious that I was now effectively teaching the more general A+, Network, 50+ student class. The day before an open note test, the lady mentioned above asked to xerox my notes. When I came in the next day, every last student had a copy of my notes. Why? Because they had zero confidence. I walked right out.
So now I am just reminiscing but you get the idea.
Brought to you by Carl's Junior.
DeVry and ITT both have ripped off so many of my classmates. People, mostly from working class families, tried to get a technical degree they could use right away. But instead they got a mountain of debt and a degree that was often not of any value once the person got even a year of industry experience. Getting that first job with just a DeVry degree is a matter of luck, luck that employers didn't simply throw out your resume.
“Common sense is not so common.” — Voltaire
Part of the problem is that there's a push to put as many high school students into college (even 2-year college) as possible, even those who would be better served going to vocational schools.
I could not agree more. I have a staff full of people who are definitely not college material but would be (and are) served well by a vocational education. There is always a need for skilled trades, welders, machinists, etc. Trying to turn everyone into a computer programmers regardless of aptitude is just idiotic and counterproductive. Not to mention costly.
Protip: You can't outsource blue collar work.
Care to wager on that? Ask the folks who work the assembly lines in Detroit if blue collar work cannot be outsourced. There are plenty of blue collar jobs that are very vulnerable to outsourcing when you live in a place with high labor costs like the US.
"ITT Tech received an estimated $580 million in federal money (aka taxpayer dollars),"
The wording in the article and summary make it sound like government just wrote them a check. Wrong. The school received the money because its students, like 70+% of the rest of the students in the country, are taking government loans and grants to pay for their schooling.
Too bad the story wasn't about the Department of Education closing its doors forever.
What we really need in this country are 4-year community colleges that are really focused on delivering value.
What we really need are good 2-year vocational schools + apprenticeships that teach young people actually useful skills, like plumbing, mechanic, welding, electrician, etc.
My company recently advertised a marketing position, and we got over 300 applications.
I recently tried to find a plumber for a kitchen remodel, and it took me over 3 weeks to find someone who wasn't fully booked for the next month, and he was only able to squeeze my job in by working on Sundays while my daughter watched his kids. I paid him $80/hr, and he paid my daughter $5/hr for babysitting, so he netted $75.
I was considering applying to be faculty at ITT. I figured at this point in my career if I can no longer be part of the solution I might as well be part of the problem, right? I'll have to find a different for-profit college to go after instead.
Damn_registrars has no butt-hole. Damn_registrars has no use for a butt-hole.
I went to the University of Maine and starting almost immediately afterward I've been working with Harvard-trained people, on AAA PC video games in Boston, and now as a full-time college math lecturer in New York. I always felt that you got out what you put into it.
There's a legitimate debate to be had whether a student like your brother would be better off if they'd been flunked out or not accepted by the university in question. Most of the cultural pressure, however, is to pass those students on.
We know where leadership by an anti-intellectual "strongman" who scapegoats minorities and likes boisterous rallies goes
Hence - if the US government wants cost effective college teaching, fund the community colleges to do it. They have a track record and a customer base. The local colleges would not need to raise tuition at all. They are able to teach at a specific cost per student. There's no need for it to change because they take on a few more techy courses.
As a reminder that sometimes community colleges aren't necessarily the panacea you only need to look at City College of San Francisco...
Apparently the financial governance at CCSF is so bad, they have been threatened with losing their accreditation. They are currently now on probation. Elected officials (since it is a public community college, board members are elected by the citizens of SF) were convicted of diverting/laundering bond money to finance election campaigns, and accreditation audits showed 14 failures including maintaining minimum spending levels required for students, failure to track educational outcomes, allowing department heads control over the payroll system that allowed for systematic overpayment for travel expenses and recurring payment to contractors that no longer had assigned jobs, over-funding politically popular department, and short changing student access to courses that could transfer to the university system, etc. On top of this, the board approved a silly capital improvement bond and went on a silly construction binge (including a mostly vacant "chinatown" branch) which is thought to have been pushed by contractor donations to the bond campaign.
Over protests by student groups and faculty, the state finally decided to step in and strip the CCSF board of their oversight powers and appointed a special trustee to see if they can correct the situation before the probation period expires (in Jan 2017) and CCSF could end up closing their doors.
Of course there are many community colleges that do an excellent job, but like all red-blue generalizations, there is a lot of grey in the middle.
ITT was one of the groups that specifically targeted GI's. At one point I remember reading that 80% of their revenue came from the DOD. The Fed's have moved aggressively against these colleges targeting vet's. ITT was disbarred from taking GI bill money a week or so ago and this is the result.
The private universities are amateurs. Look at the public ones. Palatial campuses, massively inflated salaries, infinite job security, price gouging, on and on
If you don't want a degree, you can just take any courses you want at the CC.
While I was in HS I took the whole drafting sequence at the local CC, along with a couple of programming languages. Saved my 2 courses in Engineering school, but that wasn't the point.
John McAfee 'It was like that time I hired that Bangkok prostitute; to do my taxes, while I fucked my accountant'
Good riddance.
This will end one of the major sources of hacky/bad programmers.
So you want free labor?
Germany has a good apprenticeship system that mixes real paid work with a trade school like classroom. That is what is needed in the USA and not years of pure class room at an high cost.
My nephew just turned 27, and makes 100K+ with overtime as a high voltage electrician.
I have a degree, and 20 years on him, and I make just a bit more than him.
However, my office is not 100+ ft in the air, with 45 mph crosswinds and humming 100K voltage lines of death over head.
My hats off to him, I will stick with the computer and office chair.
Never answer an anonymous letter. - Yogi Berra
No, but the pay cap is about $8-10/hour and it can't fund healthcare benefits. Paying $15/hour when investing so much in a person (18-20 year old child) just doesn't work. Honestly, I would prefer to pay $5/hour plus pay for some formal courses for them to take (of our choosing).
There is a way to do it, but it takes a lot of paperwork and you need to prove they aren't doing billable work or something. It ends up being more community service than anything-- which I don't really object to, but there isn't much in the way of a business benefit.
that is why an apprenticeship system is needed and gov can take that grant / loan funds to fund it. But not the big corps want the locked to job H1B's that they can unpay and work 60-80 hours.
Say you pay $5/hr and grant covers other costs / the student has to cover their class room costs and you can kick in if you want to.
Correct! Expenses for Academia at State Universities have been flat the past 15 years while administrative expenses (especially college athletics!!!!) have risen by over 300%. So all that high tuition does not go to the profs, but to the greatest money waster of all time: college sports and licked campus gardening. My advice: learn German and study in Germany. Top notch universities with 0€ tuition.