Topics regarding layoffs at ITT Educational Services Inc.

Topics regarding layoffs at ITT Educational Services Inc.

Fraud charges

http://www.businessinsider.com/sec-itt-education-charges-2015-5

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| 573 views | | no replies yet
Post ID: @OP+BsrZUAq

Still not a peep?

Stock down by half again in less than a week and not one person says a word? Starting to look more like a cult than a school or even a business.

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| 540 views | | 5 replies (last May 8, 2015)
Post ID: @OP+BmWyAAs

The debt collective is going to fail

Without adding in the students from ITT and UoP, even if they score anything it will be narrowly defined only for a handful of Corinthian students. They need to broaden the scope massively and without that they are going to sputter out.

Over a cliff

This place went off a cliff years ago, but nobody wants to admit it. Stock down 15% today and not a peep. Corrupt CFO leaves, not a peep. Can't wait until this fraudulent waste of taxpayer money finally gets shut down.

Big target on its back

I don't think anybody at ITT realizes they are now the biggest source of fraud and defaults in the for profit arena.. And the biggest target for former students and senators seeing all the debt that crushes lives and can't be wiped away.

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| 540 views | | 2 replies (last April 29, 2015)
Post ID: @OP+BfSVDSb

Adjuncts don't really even work for ITT

My point is the adjuncts don't really even work for ITT, most of them work somewhere else full time and only do the ITT for a pittance and generally it shows in the curriculum and student outcomes down the road. This school wastes 90% of the money on... — read more 

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| 490 views | | 1 reply (May 14, 2015)
Post ID: @OP+Bd3zVdV

CCI dead now it looks like

ITT was just as crooked and ruined just as many lives.. When is the debt collective going to start working on getting them shut down and fraudulent loans discharged?

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| 630 views | | 5 replies (last May 14, 2015)
Post ID: @OP+BcNbgqT

Too quiet

I have a funny feeling this school will lay everyone off before they even find this site and talk about it.

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| 770 views | | 4 replies (last April 26, 2015)
Post ID: @OP+BaGe9tu

Encouraging

http://www.thenation.com/blog/204857/liberals-hillary-make-public-college-debt-free --- It won't be long before they make public colleges free like most of the countries we compete against, and once that point comes it doesn't make sense to leave the... — read more 

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| 680 views | | 5 replies (last April 23, 2015)
Post ID: @OP+B81ukfb

ITT MUST CLOSE

With the current leadership Barry S and others this company must close. This is all about their money. They always say that all of their decisions is based on the good of the students. Translation..., please sign up and will be happy to take your... — read more 

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| 720 views | | 8 replies (last April 24, 2015)
Post ID: @OP+B2Kp3Ee

Are teachers telling students about ITT Tech's situation?

Will ESI continue to keep its students in the dark about its finances, and what the implications are? Will teachers inform their students about the situation. Briefly, this is what has happened. •CEO Kevin Modany resigned (effective February 7... — read more 

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| 920 views | | 5 replies (last April 30, 2015)
Post ID: @OP+AZwv31J

What should former students do?

I owe roughly 40k, I've never paid a dime. I have PEAKS, Navient, and Great Lakes. I'm not even sure which of these are federal and which are private. Can only plead ignorance to the system. My credit is terrible now, what should former students like... — read more 

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| 1880 views | | 21 replies (last April 26, 2015)
Post ID: @OP+AO1iY72

Blum Divests, Shadow Bankers Taking Slack

As Richard Blum slowly divests, now it's just the shadow bankers, JP Morgan, and Cerberus propping up this "zombie college." Let's see how long they will hold this dysfunctional company... — read more 

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| 710 views | | 5 replies (last April 6, 2015)
Post ID: @OP+AMOICxV

Another Blow to ESI?

"The U.S. Department of Education plans to name the colleges whose access to federal money it has restricted because of concerns about the risk they pose to students and... — read more 

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| 680 views | | 4 replies (last April 8, 2015)
Post ID: @OP+AKzI1p3

ITT Tech Students Joing Debt Collective

ITT Tech students who cannot pay back their loans are joining the Debt Collective............https://debtcollective.org/studentstrike....The debt strike started with the Corinthian 15, but the movement is expanding to other schools where students... — read more 

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| 650 views | | 5 replies (last March 25, 2015)
Post ID: @OP+AEfQkBL

ITT is a Scam

ITT is being managed by crooks. These crooks are all about profits and they don't give a dime about the students. Their directives to the field is to make profit in each school and if that is not happening, they replace all of their managers and they... — read more 

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| 652 views | | 4 replies (last April 15, 2015)
Post ID: @OP+AEIipGB

Get rid of this ITT monster

ITT is nothing but a monster eating tax payers money to pay their executives high $ salaries and bonuses. Rest assure that these executives don't give a s*** about their employees or their students. All about their money.

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| 660 views | | 5 replies (last March 22, 2015)
Post ID: @OP+ACRa0xk

DOE Selling this bitch off?

How much do you bet that the corrupt department of education is using more federal dollars to hand this 'fine organization' to some third party debt collector or shell company like Corinthian? Their management is terrible and with the dozens of... — read more 

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| 750 views | | 7 replies (last April 6, 2015)
Post ID: @OP+AzHDlyr

Counts 1-3 in CFPB Case Still in Play

ITT Tech (ESI) gets Count 4 dismissed. Counts 1-3 stlll in play............http://www.republicreport.org/wp-content/uploads/2015/03/ITT-Order-Motion-to-Dismiss.pdf

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| 650 views | | no replies yet
Post ID: @OP+AtTaBjb

No Earnings Report Signals Trouble?

ESI has not presented a Quarterly Earnings Report since October 17, 2014............http://www.ittesi.com/index.php?s=19#past:2015:3............That's not good. Stockholders have to be wondering about the wait--especially after PWC gave up a... — read more 

A few questions

What are the chances that the students who were suckered into the PEAKS loan program would have the loans wiped out, if ITT goes BK? Would federal student loans taken out by students who attended ITT also be wiped out or reduced? Will this be a... — read more 

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| 650 views | | 4 replies (last March 9, 2015)
Post ID: @OP+AnntPI4

Navient dismissed

How about that, their lapdog Navient got the boot too! http://www.thestreet.com/story/13070670/1/more-regulatory-trouble-for-debt-collectors-as-navient-loses-contract.html?puc=yahoo&cm_ven=YAHOO

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| 1040 views | | 1 reply (March 7, 2015)
Post ID: @OP+AnkpnLj

Yet another lawsuit

http://www.sys-con.com/node/3308321

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| 670 views | | no replies yet
Post ID: @OP+An21tCL

Even the government doesn't take loans seriously

With concerns mounting that rising student debt risks undermining economic growth -- a result of households delaying or reducing their home and auto purchases, investments in small businesses or retirement savings -- the data gap is reminiscent of... — read more 

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| 670 views | | 3 replies (last March 7, 2015)
Post ID: @OP+Anx5kPg

Illegitimate Debt

The Corinthian 15, the narrative goes, fell victim to a bad actor, a predatory company that preyed on the good intentions students and their relative lack of opportunity. Corinthian Colleges, Inc.'s history of abuse, in this respect, grants the debt... — read more 

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| 580 views | | 3 replies (last March 12, 2015)
Post ID: @OP+AnhXTTl

Yet another reason ITT is in trouble

Analysis reveals that 34 percent of students with just $5,000 of outstanding debt—hardly “high”—default on their student loans. Student debt imperils far more than just individual borrowers’ monthly budgets. It erodes higher education’s ability to... — read more 

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| 600 views | | 2 replies (last March 2, 2015)
Post ID: @OP+AiObUF5

Repent Sinners

Anybody who worked at ITT has ruined countless lives. Repent of your sins and seek forgiveness for the extreme damage and hardship you have visited on your fellow man in the name of greed. I am coming. I will judge you all.

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| 654 views | | 1 reply (February 28, 2015)
Post ID: @OP+AgrVPGk

For-Profit Students Refuse to Pay Student Loan Debts

Anybody who watches the 4profit college business closely knows about the first student debt strike (by the "Corinthian 15") that happened yesterday. Isn't it quite possible that ITT Tech students (especially those with PEAKS loans) will join the... — read more 

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| 860 views | | 4 replies (last February 25, 2015)
Post ID: @OP+AdN3uhz

Start packing...

ESI is in monumental trouble. Their path is eerily similar to Corinthian Colleges and Education Management Corporation. Look at the news from 2014-2015: CEO Modany resigns (effective this month). PWC quits its $6 million auditing deal (effective... — read more 

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| 730 views | | 2 replies (last February 22, 2015)
Post ID: @OP+AbeBB6w

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