http://www.businessinsider.com/a-conflict-of-interest-in-the-student-loan-industry-2015-6
Give this fraud a few more months.
This fraud is coming to a bitter end. What happened to CCI last year it will happen to these crooks soon. Last year CCI was the big bully that nobody could touch. Well, we all know that CCI had the touching they deserved by the DOE. Once the DOE held... — read more
Default is only option former students have
If you're fed up with this crap school, there is nothing that will change this besides defaults. There is no forum or news outlet or even senator to contact that will bring this crooked empire into federal crosshairs as much as defaulting will.
Profits are up and stock is soaring!
Guess everyone predicting the demise of this institution was wrong. Happy days are here again!
Why college must be free
http://thehill.com/blogs/congress-blog/education/244417-debt-free-college-must-be-debt-free
Is ITT Tech (ESI) Hiring Boiler Room Operators?
Has ITT Tech (ESI) been hiring boiler room operators to "pump" and "push" ESI stock?........................http://finance.yahoo.com/mb/ESI/
ITT Tech receives letter of reprimand from SEC.
The sort of corporate oversight that makes the workers proud: http://www.streetinsider.com/Corporate+News/ITT+Educational+Services+(ESI)+Receives+Reprimand+Letter+from+NYSE+Regulation/10630068.html
Dealing with ITT's toxic debt loads
Curious if anyone on here actually went and how they are dealing with the toxic nasty bundle of loans ITT created. You can't bankrupt them, you can't do income based, you can't consolidate.. There are 0 legal options I can see besides moving 2... — read more
How do you tell someone the bad news?
How do you tell ESI stockholders that the company has been cooking the books? How do you tell someone who is proud to have just started ITT Tech has made one of the worst choices of his... — read more
Shut this steaming pile down already
What the hell, how is this tax dollar leech still operating?
Q: What do Dan Fitzpatrick and Enron have in common?
A: Arthur Anderson........................https://www.linkedin.com/pulse/could-itt-techs-short-term-gain-torpedo-deloitte-dahn-shaulis?trk=mp-author-card
ITT Tech Campus Closings/Consolidations/Mergers?
Does anyone have a list of ITT Tech campuses that have closed, consoildated, or merged since 2013. I have also heard students are going to "campuses" where they take online classes. Does anyone know how significant this is?
ITT Tech (ESI) reports $56M Turnaround in 2014. Really?
And after a four month delay and multiple allegations of fraud, double digit declines in enrollment and revenues, ITT Educational Services reported a magical $56 million turnaround. Despite no remarkable cost cutting, the company went from a $27... — read more
CEO Kevin Modany fights back
Kevin Modany's (false) indignation reminds me of Ken Lay......................http://www.marketwatch.com/story/statement-from-itt-technical-institute-to-senator-durbin-2015-05-29
So, tell me...
If Corinthian was the most sleazy and corrupt of all 'for-profits' and if ITT is almost as bad, who takes the third and fourth place?
Dead Company Walking
Here is one analysis which says that the equity is worthless. http://seekingalpha.com/article/3195596-why-itt-educational-services-equity-is-worthless
Current climate
I'm a former school chair that was "laid off" to adjunct level, then completely laid off in 2012. For those facing impending layoffs, there is a light at the end of the tunnel (and it's not a train, it's better opportunities with other, more ethical... — read more
Refusing to pay only voice you have
ITT Tech is obviously corrupt. The lenders it partnered with are corrupt. The Department of Education is corrupt. Nothing anybody says or does is going to change these bald facts, the only thing that gets ANY attention is not paying. Only when enough... — read more
ITT stock.
The ITT stock broke the $2.50 barrier. It is now at $2.51. This stock is destined to reach $30.00 again. I am just kidding.
Closing before or after Christmas?
Will ITT close before or after this Christmas?
Gene F has spoken.
This guy is beginning to sound like Jack M of CCI. Around this time last year Jack M, CEO of CCI, claimed that his company never done anything wrong and he was ready to prove everyone wrong. Well... A couple of months later shit hit the fan for him... — read more
Give me one good reason.
Please give me one good reason to keep ITT open. In my opinion, there isn't any good reason to keep this fraud open.
ITT Tech Warriors in Social Media
The ITT Tech Warriors (students challenging the ESI fraud) are on Facebook and Twitter.............................https://www.facebook.com/?_rdr#!/groups/ITTTechnicalInstituteLawsuitWarriors/.........................https://twitter.com/ITTWarriors
What is going on with the stock this week
Last week it dives 40% in a day, why the hell is it up the last 2 days. Who would actually choose to buy stock from a fraudulent for profit company with industry leading debt and defaults especially 2 weeks after Corinthian went bust. This company... — read more
ITT's financials
Does anyone actually know the state of this company's internal financials? They have obviously been cooking the books for years, but I seriously doubt very many people who graduated in the last 10 years of this place's graft have actually been paying... — read more
ITT Tech Warriors Refusing to Pay for ITT Tech Fraud
More evidence every day coming out about ESI fraud. The latest SEC charges against Modany and Fitzgerald and the loss of GI Bill funding in California are only tips of the iceberg. ITT Tech students and former students (the "ITT Tech Warriors") are... — read more
Long term integrity is better than a short term profit.
This was the MO of ITT back in the day when integrity was in the forefront of this company. That MO is long gone and soon enough the company will be gone too. So sad to see a company, that not long was at it's peak, go down the drain. The current... — read more
Good news
The stock just went up!..... By one cent!
What can I buy with one ITT stock?
Nothing.
Attention ITT executives
There is a jail cell waiting for you in a federal prison near you. Your reservations have already been arranged. Enjoy your stay and don't mess with Bubba.
California (CALVET) pulls GI Bill
Read about it here: https://www.calvet.ca.gov/VetServices/Pages/ITT-Educational-Services-Inc-%2c-Fact-Sheet-.aspx Here is the article: Home GI Bill College Suspension Information ITT Educational Services Inc., Fact Sheet ITT Educational Services... — read more
18.64% Up today
LOL, die shorts
ITT College Frauld
Department of Education has been asked to to investigate ITT Educational Services - Are we looking at a carbon copy repeat of the Corinthian Colleges debacle?
How long do we have to wait?
How long do we the taxpayers have to wait for someone to do the right thing and close this mess down? This is a fraudulent organization with fraudulent leadership. The solution is very simple; 1. Close ITT ASAP and 2. Prosecute all the executives and... — read more
ESI following destructive (fatal) path of Corinthian Colleges
It looks like it's only a matter of time before ITT Tech goes the same way as Corinthian Colleges and the Art Institutes......................https://www.linkedin.com/pulse/itt-techesi-faces-monumental-troubles-dahn-shaulis?trk=mp-author-card
WHY?
Why is this travesty allowed to go on? Why are the executives allow to continue to make millions of dollars per year without any consequences? Why do we still have students with thousands of dollars in loans from this travesty? Why do we as taxpayers... — read more
ITT stock is $2.37
ITT is dying slowly. They need to close now.
Bring back student debt bankruptcy
The purpose of bankruptcy laws, as the Supreme Court famously wrote in 1934, is to give “the honest but unfortunate debtor (…) a new opportunity in life and a clear field for future effort, unhampered by the pressure and discouragement of preexisting... — read more
Who will be jailed first?
This is some serious stuff now, SEC is as scary as they get...