Topics regarding layoffs at ITT Educational Services Inc.

Topics regarding layoffs at ITT Educational Services Inc.

ITT - DEBT FORGIVENESS

Do you know were I should start if I'd like to inquire about ITT debt forgiveness? Any good links, is there something on the government page that tells me how to get organized and who to contact in order to take care of the debt? Also, does anyone... — read more 

by
| 881 views | | 3 replies (last September 16, 2016)
Post ID: @OP+Jojddsu

So close

I'm sorry for everyone here that is negatively affected by the closure. I thought i was going to be a lucky one and finish my last class. As of yesterday I received notice that the quarter would not be allowed to continue. I have already turned in... — read more 

by
| 1331 views | | 8 replies (last September 16, 2016)
Post ID: @OP+Joud0AT

Bankruptcy

I'm going to put my private loans in bankruptcy later this year. Between fraud and the exorbitant amount I have its an undue hardship.

by
| 831 views | | 3 replies (last September 16, 2016)
Post ID: @OP+Jo5YLlQ

Checkmate DOE.

Cerberus is nothing more than a loan broker. They get money from those that have it, lend it, collect fees from the borrower, then service the debt to create profit for the investor. Guess who backed the loan to ITT? That's right, Modany and... — read more 

by
| 1181 views | | 2 replies (last September 16, 2016)
Post ID: @OP+JoQYBPQ

Cerberus moves in. All operations cease on Sep 16.

From 8-K filing Cerberus has moved on the company bank accounts. Company plans to cease all operations on Sep 16. From 8-K Item 2.04 Triggering Events that Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance... — read more 

by
| 1420 views | | 4 replies (last September 15, 2016)
Post ID: @OP+Jnew7i1

It's filed.

Bankruptcy... all you grads, just got hosed, eh?

by
| 1521 views | | 11 replies (last September 16, 2016)
Post ID: @OP+JneBBwF

SNHU to 'rescue' Daniel Webster College

http://www.unionleader.com/Education/SNHU-to-rescue-Daniel-Webster-College-09132016 " ...Southern New Hampshire University has worked out a "teach-out" deal with Indiana-based ITT Educational Services to take control of Nashua's Daniel Webster... — read more 

by
| 1280 views | | 5 replies (last September 15, 2016)
Post ID: @OP+Jnr3kUG

WARN - Class Action Law Suit Document

This is the link for the WARN - Court Filing Document for Class Action Law Suit http://wtax.com/wp-content/blogs.dir/110/files/2016/09/BlackwellVITTTech.pdf

by
| 1161 views | | 3 replies (last September 15, 2016)
Post ID: @OP+JnY5aMa

Bankruptcy

Bankruptcy will be filed Friday. Chapter 7. No more employees as of tomorrow morning.

by
| 1430 views | | 10 replies (last September 14, 2016)
Post ID: @OP+JntpXqa

A Subprime Education

In a one-hour special on Tues., Sept. 13, FRONTLINE presents two films on education in America. First: In “A Subprime Education,” we return to the story of for-profit colleges — which FRONTLINE first examined in the 2010 film “College Inc.” — to... — read more 

by
| 1090 views | | 4 replies (last September 14, 2016)
Post ID: @OP+JmIWSAt

Student asking for inside help.

First of all before I get bashed I do understand this is an employee layoff site. This is why I am choosing this route. I was an ITT nursing student with 3 months left til my RN. No one will help and do not want loan forgiveness. However our class... — read more 

by
| 1020 views | | 4 replies (last September 14, 2016)
Post ID: @OP+JmVeYmY

ITT Closure Memo (Modany's final email)

Dear ITT Tech Family, On August 25, the U.S. Department of Education imposed a series of new requirements and conditions on the ITT Technical Institutes, including imposing conditions on our institutions’ continued participation in the federal... — read more 

by
| 1552 views | | 8 replies (last September 16, 2016)
Post ID: @OP+JmMpKIt

Striking Federal Student Loans

Got this via email: Many of you have been asking what collective action we can take to get the Department of Education to use its power to discharge and refund former students' federal student loans. We've encouraged folks to submit Defense to... — read more 

by
| 1031 views | | 2 replies (last September 14, 2016)
Post ID: @OP+JmMmolz

New SEC Filing

Real estate sale from a couple of weeks ago cancelled and Kevin is searching for a path forward that includes the company paying his legal bills in the SEC fraud charges.

by
| 1061 views | | 4 replies (last September 13, 2016)
Post ID: @OP+JlX1qGR

Memory Lane: 2009 IBJ Article

7 years ago ITT Tech was riding high but the signs of strains were there. Interesting to look at some of the comments in this article in light of events since then. http://www.ibj.com/articles/10586-big-profits-elevate-itt-educational-into-rare-class

by
| 756 views | | no replies yet
Post ID: @OP+JlL0qpH

Mondany has Napoleon complex

The little man, weighs about 150, 5' 7". He tanked a company in the past, deserted and divorced his wife and two children, then married his secretary who is about twenty years younger which is against company policy to date someone working for you... — read more 

by
| 1451 views | | 6 replies (last September 14, 2016)
Post ID: @OP+JlCxnHc

If the Government Would Have Done the Correct Thing.

There wouldn't be this huge student loan problem if the Federal Government wouldn't have taken over the lending process. By handing out loans to anyone that breathes they opened up the student loan system to fraud in the for profit education... — read more 

by
| 1272 views | | 6 replies (last September 12, 2016)
Post ID: @OP+JkfJ5XV

I know you are losing jobs. But does anyone care about the students? Remember them?

I hear that Breckinridge students will have their credits transferred in KY. Anybody know any other schools that are having ITT Tech or Breckinridge credits successfully transfer over to public institutions? If you do, please let the ITT Tech... — read more 

by
| 1731 views | | 18 replies (last September 12, 2016)
Post ID: @OP+JjfE5wT

Assigned training on 9/09 that must be completed in 30 days

Checked my ITT-tech email for updates. I've been assigned training sessions that must be completed within 30 days. Training was assigned on 9/09. Three days after being laid off.... D'oh! Anyone else get any weird training emails?

by
| 1241 views | | 6 replies (last September 11, 2016)
Post ID: @OP+Jik0zfO

Email?

Is anyone's email still working? I was able to get in there earlier but there are now issues.

by
| 1341 views | | 8 replies (last September 11, 2016)
Post ID: @OP+Ji0SdGJ

HSA Contribution Tomorrow

I sent an email to ebenefits mailbox about my HSA contribution that was deducted from my paycheck but not in my account and received this response: "Those deposits were made yesterday so they will show up in your account tomorrow."

by
| 751 views | | 2 replies (last September 9, 2016)
Post ID: @OP+Jhv5wqS

Did you get your belongings?

How was your campus today? We're there lots of students trying to get transcripts of just employees trying to get their items and leave as quick as possible?

by
| 1520 views | | 8 replies (last September 11, 2016)
Post ID: @OP+Jhwv7vM

Itt student

I have read just about every comment here and I look at most with some form of disappointment. What seems to be getting lost is the fact that over 4,000 hard working students are having to start over. The time and effort put forth should be admired... — read more 

by
| 1651 views | | 15 replies (last September 8, 2016)
Post ID: @OP+JhxpqSX

Start a new thread - post a news comment, question or message:

: