Has anyone been able to find any information about the results of ACICS' show cause hearing for ITT Tech that was held last week? Did they make a determination about the status of ITT Tech's accreditation?
Push to shutter for-profit-college accreditor could hit 51,000 Hoosiers (article)
Indiana Business Journal keeping tabs on ITT-Tech headquarters. Another Elam reply, saying nothing. http://www.ibj.com/articles/59810-push-to-shutter-for-profit-college-accreditor-could-hit-51000-hoosiers ....Even if ACICS continues to operate... — read more
ITT Tech's Struggle to Survive (article)
interesting, with some enrollment numbers, by years https://www.insidehighered.com/news/2016/08/04/tough-times-itt-tech-accreditation-line ...That means fewer recruiters on campuses and spending less on advertising and marketing, said Nicole Elam... — read more
Interesting
Headquarters is doing a complete inventory of assets. Wouldn't that make sense if they were selling the company. But if Acics puts them in denied or probation status doesn't that mean they can't sell? Wouldn't DOE have to approve?
Bieda is Out, Layoffs at ACICS
https://www.insidehighered.com/quicktakes/2016/08/02/leader-troubled-accrediting-agency-resigns
Cambria-Rowe Business College loses accreditor ...... is ITT-Tech next?
http://www.wearecentralpa.com/news/business-college-loses-accredidation_ "Johnstown, Cambria County, Pa. Cambria-Rowe Business College announced Monday that their accreditor, the Accrediting Council for Independent Colleges and Schools (ACICS), was... — read more
"New student enrollment in the second half of 2016 may decline by approximately 45% to 60% compared to the same period in 2015"
ESI second quarter financials posted today. http://www.ittesi.com/2016-07-28-ITT-Educational-Services-Inc-Reports-2016-Second-Quarter-Results
Students start petition regarding ITT Tech Atlanta
https://www.change.org/p/kmondany-ittesi-com-rzeeman-ittesi-com-dkempter-itt-tech-edu-pcherry-itt-tech-edu-cclark-itt-tech-new-director-for-a-new-direction-for-the-students-itt-atlanta
Student Professional Experience (SPE) requirements and sponsorship
My friend told me he is required to complete 120 hours of SPE while attending ITT in Illinois. He wasn't able to find a paid opportunity, so he will be working for a professor (the company is not a legal entity and looks to have been formed right... — read more
Why are the Zhang's continuing to buy into ITT Tech?
Why do you think the Zhang's continue to buy into ITT Tech (ESI)? Some possibilities: () for ESI's real estate (not likely, given the company's debt obligations) () the price seems like a bargain (possible, given current cash flow) () to get lesser... — read more
1973 --everything changed (perhaps beginning of the ITT "downhill climb")
Very complete/interesting history here (.......including their European schools): http://www.fundinguniverse.com/company-histories/itt-educational-services-inc-history/ The year 1973 marked an important milestone in ITT's growth. That year, the... — read more
Kevin continues to be as unimpressive as ever
If you haven't seen the current TV adverts featuring Kevin Modany here is a link: https://www.ispot.tv/ad/AprL/itt-technical-institute-the-goal Warning - have a sick bag or bowl handy. ;) How this guy continues to spout his phony sales lines with a... — read more
ITT-- "CENTER FOR PROFESSIONAL DEVELOPMENT" NAME CHANGE
Benchmark Learning Launches Corporate Rebranding as Part of the Center for Professional Development @ ITT Technical Institute August 2, 2013 MINNEAPOLIS, MN. — Benchmark Learning, a Minneapolis-based information technology (IT) and business training... — read more
DORs demoted to MORs pay cuts coming
Anyone receive their "new offer" letter yet for the demotion from DOR to MOR yet? No. Why? Because they are still calculating how much to cut your pay since you'll be dropping pay grades. But, it's more than that. Think it's not that big of a deal... — read more
Article: Why are people so easily exploited by for profit colleges.
http://www.slate.com/articles/life/education/2016/07/why_are_people_so_easily_exploited_by_for_profit_colleges_stealing_america.html
ITT Technical Institutes Massive Employee Elimination - LAYOFF July 15, 2016
There was a massive nationwide layoff at 133 ITT Tech Institutes Friday, July 15, 2016 in the Recruiting Dept down to only 2 remaining reps from Dept sizes of 5-17. Budget reasons for Deposits, reserves needed for Department of Ed to pay back Student... — read more
End is near?? ACICS council directs ITT Educational Services to appear at August 1st-5th, 2016 meeting.
From the files of the Indiana Board of Proprietary Education (http://in.gov/bpe/files/Information_Item_Cover_Sheet_2016-06-01_V6.pdf) "In an ACICS Show-Cause Directive letter dated April 20, 2016 to ITT Educational Services, Inc., the institutions... — read more
Students deserve honest update on ITT-Tech implosion
Finally recruiters are seeing the light. Being laid off hurts, especially with no notice. Rumors s---. Now, what about the students? They are traditionally kept in the dark by ITT-Tech management, as part of business model. Is that policy going to... — read more
Mass hiring of ITT recruiters now ongoing
of positions to fill: 35 https://careers-itt-tech.icims.com/jobs/24313/call-center-outbound-recruitment-representative/job of positions to fill: 25... — read more
Laid off. A week later, I'm not the only one.
I was laid off from ITT admissions on July 1st. Two weeks later, I find out that I was not the only one. 3 of my colleagues were also let go these past two weeks in order to make room for new call center appointments strategy. According to huff post... — read more
Ghosts exorcised from campus catalogs? !
The update July 8th catalog for my campus is FINALLY correct, at least with academics personnel. It correctly shows one chair, one combined Director/Dean, and many, many adjuncts. March 31, 2016, campus catalog for my school showed several chairs... — read more
Nursing Program relaunch fizzles at Illinois ITT-Tech campus
In Orland Park, Illinois, ITT-Tech's Associate Degree RN program enters its 3rd year of probation. The state nursing board has the power to revoke approval of the program. Illinois Department of Financial and Professional Regulation released its... — read more
Stock going to a buck?
Why the hell did the stock go up this week? Does anybody actually expect positive numbers and if they are, would anybody actually believe them?
"ITT Tech: We’ll Change Our Recruiting Strategy To Raise Revenues (?)"
From David Halperin: "Troubled predatory for-profit college ITT Tech said in a filing with the Securities and Exchange Commission last night that in order to raise enough money to cover a new letter of credit requirement imposed by the U.S... — read more
Video by ITT-Tech grad "ITT Tech closing its doors?"
https://www.youtube.com/watch?v=V0kN-RX3iGA
Did ITT make their letter of credit? I can't find any new articles
I don't think it is coincidence that all of the recent campus layoffs coincides at the same time that $43.3M was needed in a new letter of credit with the DOE... — read more
Adjunct pay going up at ITT
About 6-7 years ago an adjunct was paid about $1500 per class, (probably within100 bucks). Was wondering if it had gone up substantially since then (since ITT is supposedly trying to cut costs). Wouldn't be surprised to see it go lower. I remember... — read more
Reporter looking for students/graduates of ITT Tech in Rancho
dianalambert @dianalambert Reporter looking for students/graduates of ITT Tech in Rancho or Brightwood College in Sacramento. Call 321-1090, dlambert@sacbee.com. https://twitter.com/sacbee_joed?lang=en
Chinese Investors (Zhangs) Now ITT ESI Insiders
The Zhangs are now ITT ESI insiders, holding almost 13% of the company's shares. Haven't heard much about the father and son, other than that they have for-profit schools in China. Don't know if they are members of the Communist Party, and if so, how... — read more
ITT closing?
Saw this yesterday on myittexperience.com: "Here's some fresh inside news about ITT as of today (July 5th 2016). In response to the pending loss of accreditation with the ACICS...ITT Tech will rebrand 32 existing campuses as Daniel Webster Colleges... — read more
Entrenched CEO = Negative HQ Press = No Enrollments = Nationwide ITT employee Layoffs
July 5, 2016 - It has become evident the Board will not call for the resignation of the ITT Tech CEO. In any other major company this CEO would have been forced to resign months, if not years ago. Tell me how a CEO gets annual bonus checks of six and... — read more
The very definition of Usury
Amid a haze of grief after her son’s murder last year, Marcia DeOliveira-Longinetti faced an endless list of tasks – helping the police gain access to Kevin’s phone and email; canceling his subscriptions, credit cards and bank accounts; and arranging... — read more
ACICS Criteria
There is a new pdf on ACICS home page under Accreditation tab: Criteria as of July 1, 2016. I scanned through this last night and one thing that struck me was the academic freedom part. Was this written in earlier criteria? I will have to see if I... — read more
ITT Tech "Placement" Numbers May Make Matters Worse/FTC Reporting
If ITT Tech's "placement" numbers with ACICS are fudged, they are just asking for another investigation by the FTC. I am already receiving comments from students who say the numbers are bogus. Devry, a major competitor, is in major trouble with the... — read more
Don't Vote for Clinton, Your Degree will be Worthless
http://www.computerworld.com/article/3089314/it-careers/clinton-wants-to-staple-green-cards-on-stem-grads-diplomas.html
WTF? Campus catalog updated July 1 has same ghosts!
Just checked to see if catalog for my campus has been updated recently. New edition is dated July 1, 2016! I filed multiple complaints a few weeks ago, to several individuals and agencies, about ITT-Tech listing chairs who have been gone for several... — read more
ITT named after someone else
“ITT” is a registered mark of and is used under license granted by ITT Manufacturing Enterprises, Inc --wonder how long they give permission, if the user is facing mounting criticism https://www.moreopp.com/company-details-9/1254438.html
ITT Tech's 2015 "Campus Accountability Report" for ACICS
https://www.itt-tech.edu/achievement/ ITT-Tech's 2015 retention and placement data, at both the campus level and program level, as reported to ACICS, now available online. Also nursing licensure exam pass rate. Wonder how long this has been out? Some... — read more
Embattled ITT winds down nursing program at 3 Indiana campuses
Wonder why Nicole Elam, ESI spokesperson, isn't writing a press release about this? Check out this great article published yesterday in Indianapolis Business Journal, about collapse of ITT-Tech's nursing programs... — read more