Looks like a Chinese investor just bought 9.3% of ESI.................................https://www.sec.gov/Archives/edgar/data/922475/000121390016013393/0001213900-16-013393-index.htm
ITT-Tech's "Early Career Academy" enrolls high school students at Indianapolis campus
Want to worry about the future of our children? ITT-Tech is trying to bust into the charter school market. The Indianapolis ITT-Tech college campus has one of the lowest graduate rates of all their campuses, 17% for their college programs, as... — read more
ITT Tech Closing Nursing Campuses in Indiana?
A little birdie told me this. Is it true? "The Newburgh campus is the latest Indiana campus to stop accepting new applications in all programs, joining South Bend and Fort Wayne. That leaves only Indianapolis, Indianapolis East, and Merrillville... — read more
ACICS-ITT Tech Twitter Storm (May 11-13)
To all ITT Tech Warriors: @ACICSaccredits TWITTER STORM Wednesday-Friday. Our goal is to Twitter Storm ACICS, the accrediting body for most for-profit colleges. We can use the hashtag #ACICSaccredits, #ACICS2016, and #4profit to protest the... — read more
Former ITT Tech Administrator Describes Company's Slow Demise
[Edited to keep poster anonymous]. "I joined ITT Educational Services in _when they were a subsidiary of ITT Corporation, a publicly traded company on the Dow Jones. At that time they had around 15 campuses mostly in the Midwest and East Coast, and... — read more
Mothers against predatory colleges
Moms, Happy Mothers Day. And please don't encourage your kids to sign up at ITT-Tech. Your kids won't get the education they need, and it will waste the money they will need later for a real education. I am a former employee, and a Mom. It is mind... — read more
Vin Weber gets $100K in phantom stock
Vin Weber just received 100K in "phantom stick" for a job well... — read more
Ethics class for ITT-Tech business students
Have any of you taught HU4640, the ethics class for students working on their bachelor degree in business? Do you use ITT-Tech as an example of an unethical business, or what? If not, how do you avoid the elephant in the room? The CEO is being... — read more
What information does ACICS and state attorney generals need?
Like most employees at ITT-Tech, I am an adjunct faculty. To anyone who is not sure what that means, it means I am hired from quarter to quarter, to teach individual classes. I have no job security whatsoever. I have no benefits whatsoever. I am not... — read more
New enrollment down 20%, ESI bleeding more than $100M in cash, property, and other assets
ITT Educational Services just posted its quarterly earnings, and profits are way down. New enrollment is down 20% and there is going to be significant "rightsizing" in order to maintain profitability.
ITT is a dog ugly date these days
U. of Akron Ends Partnership Talks With For-Profit ITT The university’s president, Scott L. Scarborough — who has been known for his controversial decision-making — said in an email quoted by the newspaper, “The university will not be entering into... — read more
The sins committed in the dark will be illuminated in the light of day
Navient Corp., the nation’s largest student loan company, violated state laws that ban unfair or abusive practices by paying call center workers based on how quickly they could get struggling borrowers off the phone, a group of more than two dozen... — read more
"Accrediting Council Questions ITT Tech" article appears on Daily Bankruptcy Review website today
ITT Tech reaches new low! Daily Bankruptcy Review's mission is "Reporting from the first signs of trouble to the final stages of reorganization, this award-winning service delivers breaking bankruptcy news and exclusive stories on distressed... — read more
ITT Tech is finished
There are countless ways this place is going to shed jobs, students, and money from now until the inevitable closure. This article is interesting for what is says as much as what it doesn't. "Higher interest rates will hurt the millions of Americans... — read more
ACICS starts to ask questions
http://www.streetinsider.com/Corporate+News/ITT+Educational+Services+(ESI)+Receives+Letter+from+ACICS+Over+Certain+Adverse+Information/11525625.html
ACICS thinks rearranging chairs is going to save the titanic
Suck it ITT Tech, the public is wise to your scam and both you and ACICS are going down. "In the meantime, a dozen state attorneys general are calling on the department to strip ACICS of the power to grant access to federal funds, accusing the... — read more
ITT Tech Student Portal Blog is Embarrassing Sign of ESI Decline
Who wrote the ITT Tech Student Portal Blog? Did they even bother to find someone who could write in English?...................................................http://www.itttechstudentportals.com/
Designed to fail
Let’s see if I got this right: The Fed, government regulators and the entire political establishment looked the other way while the mortgage industry cranked out trillions of dollars of “toxic” subprime liar’s loans that Wall Street bundled into... — read more
Breckinridge campuses in danger of losing accreditation?
With the the most statistics available (usually 2015 data), the following schools appear fall below 60%, the benchmark for ACICS accreditation. (AL) Bessemer and Mobile, (FL) Ft. Lauderdale, Jacksonville, Miami, Tampa, (IL) Orland Park-Chicago, (IN)... — read more
Losing accreditation and federal funding by June
The end is near and you are going to pay for your sins. Twelve state attorneys general have asked the federal Department of Education to revoke the recognition of the much-criticized Accrediting Council for Independent Colleges and Schools. If ACICS... — read more
Yet another reason to close down the for profits
Democratic politicians often claim that the federal government makes a profit on student loans. However, the latest release from the Congressional Budget Office (CBO) shows that the truth of that assertion depends on how you slice the numbers. Using... — read more
ITT (Breckinridge) Nurses Sue For Fraud
NASHVILLE (CN) - A group of students who enrolled in an ITT Technical Institute nursing school claim that the college deceived them about accreditation during the recruiting... — read more
Massachusetts AG Sues ESI (From David Halperin)
"Massachusetts Attorney General Maura Healey has sued troubled for-profit college giant ITT Tech for alleged deceptive practices and abuses of students in the state. Healey filed the suit last Thursday in Norfolk, MA, Superior Court, and her office... — read more
Another nail in the coffin
More light shining on what a crooked and doomed to fail operation ITT Tech runs. I can't wait to see this place crash and burn. http://theadvocate.com/news/14442763-123/special-report-for-profit-schools-coming-under-higher-scrutiny
ITT Graduate Employment Rate Rises to 73%
I don't know if ITT Tech is selling this information to its potential students, but ESI is telling stockholders that its "graduate employment rate" is 73% (see page 7 of the latest 10K Annual Report). In other words, 73% of graduates surveyed had... — read more
Kevin Modany says typical campus has faculty chairs for every department. Does yours?
In today's press release, announcing release of ESI (ITT-Tech's) 2015 annual report, Mr. Modany says "We were particularly pleased with our financial results for the year given our ongoing utilization of institutional scholarships and awards to... — read more
Did Blum Completely Divest?
Did Richard Blum completely divest from ESI? If so, why wasn't this big news? Blum (Blum Capital Partners) used to be an "activist" investor in ESI and Career Education Corporation. He is a California Regent and husband of California Senator Dianne... — read more
ITT has a 51% default rate, within just 3 years of graduation!
The CDR only counts 3 years worth of stats, took me 5 years to default and they hire a company to harass students to defer past that 3 year window anyway so this number is vastly understated... — read more
How is this fraud factory still sucking up government dollars?
How long before this ripoff fake school goes tits up?
The Raven setting up shop Again in Arlington or Desoto TX.
The Raven has struck at the Ft. Worth South campus and to top it off the President knew. Our Admissions Director was accused 4 times of inappropriate behavior with a student and they wash it under the rug like it's okay (anything that helps the... — read more
ITT Tech 2nd Most Hated College By Vets
ITT Tech gets more than its share of complaints from veterans.................. https://www.linkedin.com/pulse/veterans-most-hated-us-colleges-dahn-shaulis?trk=mp-author-card
Another article for graduates screwed by ITT debt
Great article that shows exactly how the fraudulent loans for this 'school' are going to unwind. If you got cheated and screwed by ITT's deceptive practices make your voice heard! "If officials in Washington want to take meaningful action against the... — read more
ITT Tech Using Military.com to Target Vets
http://www.huffingtonpost.com/davidhalperin/military-branded-websites_b_9131742.html
ITT Tech layoffs make campuses unsafe
Classes at ITT-Tech run from 6 pm to 11 pm. Campuses are often at business parks, deserted by 8 pm. Regular ITT -Tech employees (full-time employees) are gone by 7 pm. Sometimes dean stays until 9 pm. After that, its only adjunct faculty and... — read more
Education Committee senator wants feedback
Tell the government how ITT screwed you over here: http://www.murray.senate.gov/public/index.cfm?p=college-affordability-share-your-story
Whistleblower Rodney Lipscomb Exposes ITT Tech
http://www.huffingtonpost.com/davidhalperin/blockbuster-lawsuit-claim_b_9040584.html?utm_source=Alert-blogger&utm_medium=email&utm_campaign=Email%2BNotifications
If this school ruined your life
If this school ruined your life like it did to mine, read these: http://gawker.com/a-legitimate-way-to-get-out-of-your-student-loans-1753989738... — read more
The grim reaper is coming for ITT Tech
Even UoP is collapsing. I hope Kevin likes big rough men spooning him at night. http://www.cbsnews.com/news/amid-enrollment-decline-university-of-phoenix-for-sale/
ESI Rehires Kevin Modany
How is it possible that ESI would rehire Kevin Modany?........................................ http://biz.yahoo.com/e/151231/esi8-k.html