Topics regarding layoffs at ITT Educational Services Inc.

Topics regarding layoffs at ITT Educational Services Inc.

Fraud Complaints

Students who have been defrauded(and workers who were harassed for being honest) should contact the CFPB--and be persistent. CFPB contact information: Cynthia Lesser (202) 435-9594 and Cynthia.Lesser@cfpb.gov

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| 870 views | | 5 replies (last March 3, 2015)
Post ID: @OP+A5oLeJQ

Lower default rate than ITT, loans wiped out

Only a matter of time before ITT gets what it deserves - A federal regulator says Corinthian College students will be forgiven a total of $480 million in loans because the for-profit school used "bogus" job prospects to persuade them to pay tuition... — read more 

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| 500 views | | 2 replies (last February 9, 2015)
Post ID: @OP+zSdbbeW

Why so little conversation here?

Why has this site gotten so little traffic? The layoff sites for Corinthian Colleges (COCO)and Education Management Corporation (EDMC)are heavily used. Having known students who felt ripped off by ITT, I know you cannot say that ITT is dramatically... — read more 

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| 525 views | | 1 reply (January 22, 2015)
Post ID: @OP+zEzBRTY

Obama Proposes Free Community College

As ABC News says, it's more of a "political pipe dream." But more progressive states can do this.....http://abcnews.go.com/Politics/wireStory/obama-proposes-publicly-funded-community-college-28105522

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| 460 views | | no replies yet
Post ID: @OP+ztyV4SD

CFPB Case Against ESI

Here's the CFBP case against ITT Tech .............http://files.consumerfinance.gov/f/201402_cfpb_complaint_ITT.pdf

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| 530 views | | 2 replies (last December 18, 2014)
Post ID: @OP+z3ZybXM

ITT Tech Borrowing More Money

Not long after getting a bailout from JP Morgan, ESI is getting another infusion by Cerberus Business Finance. JP Morgan and Wells Fargo in this deal to prop up ITT Tech.

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| 592 views | | no replies yet
Post ID: @OP+yUEb0PR

Major Reductions in Retirement Plans?

"On November 21, 2014, notification was made to ITT Educational Services, Inc. (the "Company") pursuant to Section 101(i)(2)(E) of the Employee Retirement Income Security Act of 1974, as amended, regarding a blackout period (the "Blackout Period")... — read more 

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| 580 views | | no replies yet
Post ID: @OP+yRtW2cQ

Layoff facts

Worked at two campuses in metropolitan area. Former adjunct because I no longer accept jobs at ITT Tech. Was facing increasing pressure to deliver cheap, lousy curriculum to students who were pressured to pay big bucks for lousy product. Until... — read more 

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| 670 views | | 4 replies (last November 22, 2014)
Post ID: @OP+yCzkMIL

No work for students - no money for us

For-profit schools with graduates unable to pay back their school loans may soon face scrutiny by the federal government. http://bigstory.ap.org/article/c9fba2978ad4489e9aa73500532a7477/profit-colleges-face-gainful-employment-rule

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| 600 views | | 1 reply (October 31, 2014)
Post ID: @OP+ykUJU2V

Whistleblowers Expose ITT Tech's Predatory Practices

""I speak with people, for example, who work at boiler room call centers for for-profit colleges and the lead generation companies that provide the industry with many of its students. Recently I've been learning more about one particularly offensive... — read more 

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| 464 views | | no replies yet
Post ID: @OP+ydaLMQs

Happy Days Are Here Again!

Stock is soaring and the crisis has passed. Watch for a January announcement that Kevin Modany has been "persuaded" to continue in his strong leadership role for another five years.

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| 620 views | | 3 replies (last October 28, 2014)
Post ID: @OP+ybguDbQ

Downer recommendation

http://www.thestreet.com/story/12918256/1/why-itt-educational-services-esi-stock-is-jumping-today.html?puc=yahoo&cm_ven=YAHOO

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| 490 views | | no replies yet
Post ID: @OP+y7UhyyG

This doesn't look good. Why is the stock still going up?!

October 17, 2014 07:34 EDT ESI ITT Educational reports preliminary Q3 new student enrollments down 9.5% 07:34 EDT ESI ITT Educational reports preliminary Q2 new student enrollments down 8.1%

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| 620 views | | no replies yet
Post ID: @OP+y7FQErq

Here Comes the (Depressing)Story

http://finance.yahoo.com/news/itt-educational-services-announces-conference-121500263.html......."conference call at 11:00 a.m. ET on Friday, October 17, 2014, to discuss its 2013 operational and financial results, its preliminary, select operational... — read more 

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| 630 views | | 4 replies (last October 17, 2014)
Post ID: @OP+y6nN0sp

Whistleblowers Need to Speak Out

Workers may be legally obligated to report any fraud or crimes that are occurring at ITT Tech. On the other hand, you also have the right to file a whistleblower lawsuit for damages. You are not required to stay silent, no matter what you have... — read more 

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| 540 views | | no replies yet
Post ID: @OP+y4URT49

Sign of ITT's Demise: Three Additional Lawsuits

For all of those ITT Tech workers and students who are reading this but not posting: the lawsuits keep on piling up for ITT Tech (Educational Services Inc). This is a predictable situation as ITT spirals out of control, joining Anthem and Education... — read more 

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| 622 views | | no replies yet
Post ID: @OP+xYNQIpH

Will Anyone at ITT Tech Provide Remedies for ITT Tech's Fraud?

@Anonymous39855, @Anonymous40078, and any ITT Tech executives, if you currently work for ITT Tech, would you please help a former ITT Tech student? I recently spoke to a student who just left ITT who told me he had been conned by an ITT sales rep... — read more 

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| 602 views | | no replies yet
Post ID: @OP+xLgJnvB

Why ITT is destined to fail

"A training manual for recruiters at ITT Tech, another multi-state and virtual behemoth, instructed its employees to "poke the pain a bit and remind them who else is depending on them and their commitment to a better future.” It even included a "pain... — read more 

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| 1240 views | | 5 replies (last September 24, 2014)
Post ID: @OP+xJM62pE

Beginning of the end?

Currently trading at $4.87. The leaders in Carmel must have seen this as a real possibility. Why on earth don't they just file the damn documents? Or do they know that filing them will make the company look even worse than not filing them does? Are... — read more 

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| 531 views | | 3 replies (last September 22, 2014)
Post ID: @OP+xFzhgYn

ITT Future in Peril

"ITT Educational Services Inc. (ESI), an operator of for-profit colleges, said it received a notice that the U.S. Securities & Exchange Commission may take enforcement action related to its loans to students. ITT Educational has also been placed on... — read more 

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| 530 views | | no replies yet
Post ID: @OP+xFnJN49

Shortsellers keen on taking down ITT Tech (ESI)

Let's see if California Senator Dianne Feinstein's husband Richard Blum makes a play on upping his investment in ESI. Shortsellers are keen on taking down ITT Tech (ESI) today....https://twitter.com/USinjustice

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| 710 views | | no replies yet
Post ID: @OP+xFZtDYB

ACICS Question

We are doing our CEP and on graduate surveys. Are graduate surreys conducted 90 days after graduation or 90 days after a graduate has been placed? I'm getting conflicting answers. In one of the effectiveness manuals, it says specifically graduation... — read more 

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| 560 views | | 1 reply (September 11, 2014)
Post ID: @OP+xx7hYz6

John Oliver Ridicules ITT

Here's what John Oliver says about the ITT brand. The ITT part comes in at about 4:30........http://www.slate.com/blogs/browbeat/2014/09/08/john_oliver_student_debt_segments_goes_after_for_profit_colleges_video.html

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| 630 views | | 2 replies (last September 11, 2014)
Post ID: @OP+xw996iZ

ITT Tech May Be the Next To Fall

https://www.insidehighered.com/news/2014/08/19/education-department-reviews-its-monitoring-large-profits-wake-corinthian-collapse......"ITT Education appears to be the most vulnerable. The for-profit chain, which enrolls 55,000 students at 135... — read more 

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