Posted on 09/07/2016 7:54:13 PM PDT by MtnClimber
“But Obama thinks ITT should have the same failure rate as Haaaavahd. Too bad for those who were trying to better their lot in life. The Democrats won’t allow it.”
“Haaavahd” has $100 billion in private endowments. ITTT has ZERO, thus it is entirely a parasitic entity surviving off the gubmint.
I think the 18 Trillion US debt should be taken from government worker pensions. They were responsible for running it up instead of paying it off.
I have known several fellows who went through the ITT courses and have nothing but good things to say about it. They went straight from it to employment.
There must not be much to the Trump U “scandal” because the left is only using it very half heartedly and just throw it up occasionally but won’t talk about it.
Kinda reminds me of the Chrysler dealerships. Doing what he does best. Picking losers and destroying winners.
Helps reduce the competition for the h1b’s.
Hillary and bill must of not gotten there bribe cough... cough... I mean speaking fee this year.
ITT Technical Institute folded on cue Tuesday after the Obama Administration issued a regulatory death warrant last month. ITT investors must be wishing they had ponied up for political protection like Laureate International Universities, the for-profit college that paid Bill Clinton $17.6 million to serve as its “honorary chancellor.”
The government has gone from protector to protection racket.
They even have a wiki entry
ITT Tech is owned and was operated by ITT Educational Services, Inc. (NYSE: ESI), a publicly traded company headquartered in Carmel, Indiana. The company also owns and operates Breckinridge School of Nursing and Health Sciences schools.
ITT Technical Institute charged among the highest tuition fees in the industry. It also had the industry’s highest rate of loans that go into default within two years of attendance. **In 2014, the tuition for attending an ITT Tech campus ranged from $45,000 to $85,000.**
A group of more than 2000 students and former students called the ITT Tech Warriors have protested that they received a subprime education.
According to one source, early career pay for associate degree graduates of ITT Tech’s Seattle campus in 2015 was $42,400, while mid-career pay was $66,500.
As of September 2016, College Scorecard reported that graduates of ITT Tech schools nationally earned an average income of $38,400, measured at ten years after graduation.
Creates a need to import techies.
ITT Tech, served a useful purpose, sorry to see it go.
ITT hands out grades based on race, it does not actually prepare the student for the work force. They haven’t been able to find my son’s attendance or grades records, yet he’s still billed for student loan. Their Electronic course.
Thats 48,000 Americans that can now finally spend more time with their families, and if they get an EBT,Welfare<.... That Stimulates the Economy right?? Pelosi said so on TV a few years back, so it must be True.
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