The difference between your example and ITT is pretty profound.. I have a cousin, She has a PHD in 19th century feminist literature... not exactly something anyone would think she would get a job with... but guess what, she actually did find a job using her degree... so, hard to argue her education was worthless.
Now, there is no doubt you can graduate with a degree that isn’t all that marketable.. however, one cannot argue the person did not receive an education.. even if it is in something most folks would find worthless.
The problem with ITT and others like them is that they don’t educate their students at all, at least not to the degree they should be to claim they are preparing them for a career in mainstream fields.
If you are graduating students with degrees in nursing who have never set foot in a clinical setting, you are not educating the students, you are committing fraud. Amazing there are people here, arguing that a private enterprise should be able to willingly and willfully commit fraud to pad their own pockets with tax money! Insanity.
I am guessing that your cousin had solid degrees in her bachelor and masters program. a PHD in feminist literature is only as good as the education that the person got on the way to the PHD. the PHD probably opened a few doors but if the person had nothing backing it they Would not get a job.