Do you feel he was complicit in this downfall prior to leaving his position as CEO in 2007?

https://www.insidehighered.com/news/2016/09/01/options-itt-tech-students-if-profit-chain-collapses

Patience, folks. No one, not Dept of Ed or anyone else, can literally force ITT's CEO, Kevin Modany, to come out of his headquarters in Carmel, IN, and give a press conference. No one can force him to write an email to his 40,000 students and his... — read more 

BK is around the corner.

Anyone go to Breckenridge in Strongsville OH here? Does anyone know about any news on this location?

Here is the photo... http://i.imgur.com/aON5IZJ.jpg

http://www.streetinsider.com/Corporate+News/ITT+Educational+Services+(ESI)+Says+Chubb+Demands+Company+Post+$19.8M+in+Collateral/11995767.html

Looks like news forthcoming: HALT 09/01/2016 12:51:44 ESI ITT Educational Services, Inc. Common Stock NYSE T1

So, if you attended ITT, graduated and are currently working in your field of study, can your loans still be discharged? I have filled out the Defense to Repayment. Now what do I do?

Folks really are trying to make it business as usual around here. They are still interviewing for open positions at the campus. Someone called in to tell our Administrative Assistant that they had completed the information for the background check... — read more 

Here you are ITT students and all those who think a national accredited school is worth something. Not even the federal government wants to support the ACICS or any of the schools they accredit... — read more 

Since the DOE has demanded all this occurs why have they not demanded the school help students by either making an agreement with another school to accept our credits OR remaining open until the currently enrolled students have completed their... — read more 

I believe it went from we aren't enrolling new students with just 4 links, to we are currently not enrolling new students with a full web page...

ITT is bad, OK, we agree on that. Many non-managerial folks actually tried to help me. However, DOE participated in the scam from the get go, they knew well what was going on, how quality standards deteriorated. They as more responsible for this mess... — read more 

Like many others, I am fully panicked!! I am 4 classes short of graduating with my RN. I feel a teach out, if possible, is best for me because I just want to be a nurse. I cannot even wrap my head around starting from scratch! I'm devastated and... — read more 

I called Navient this evening and they are sending me out the loan discharge forms. I suppose that I should be insanely excited right now since I can wipe out over 65K worth of student loan debt. However I was attending Colorado Technical University... — read more 

They screwed UofP, Corinthian & EDMC. They went after ITT with ZERO proof of wrongdoing. The result: They will crash and burn and the mighty Modany with his ears of strength will fly out ashes and make ITT great. No BK coming. If you're smart you'll... — read more 

http://www.businessinsider.com/itt-tech-has-ceased-enrollments-2016-8 Article in Business Insider, with quotes from Ben Miller, a senior director at the Center for American Progress and a former senior policy advisor at the Department of Education:... — read more 

Given that is "game over" in Carmel...why would Modany or anyone there even bother to show up for work? Just walk away and let the regulators sweep up the mess?

The long nightmare called ITT Tech is soon to be over. Expect a BK filing in the next 2 weeks.

I just want to give you a perspective from an adviser since you're basically reading all the dirty laundry here. Yes you have dissatisfied unsatisfied employers working at ITT Tech trash talking the environment, the curriculum, the company, the way... — read more 

I finished my program this last Thursday...but not sure what to expect. To begin with, our campus was one of those without a Dean, Program Chair, or Campus Director. Now, nobody answers the phone and today when I stopped by...the doors were locked! I... — read more 

This should be interesting.

Here is the proof (screenshot of account balance on navient's site): http://i.imgur.com/MaYDLjc.png

This situation appears to be mirroring last year's collapse of the Corinthian colleges. Unfortunately in that situation little was done to keep the students and employees informed. From the perspective of a long time community college faculty member... — read more 

How many articles have you read lately about ITT-Tech that say stuff like: "I tried to get information at the local campus but I was told I needed to talk to headquarters" "Headquarters did not respond to my requests for information" "The director... — read more 

I teach a lot of vets at my campus. Most are on GI bill or a combination of GI bill with disability (in its various forms). So this is their income we are talking about. They live off of this and they do NOT pay it back. If ITT does a teach out at... — read more 

I was laid off at ITT Tech after dedicating 2 years to them. I was looking to get called into the office for a raise, when I was then told I was being laid off. It was a slap in the face. I loved my job very much! Our Director and my direct... — read more 

We are being told they are "exploring options". We received a official email yesterday confirming what the media has stated. Our campus will not Give us any information. We have been told "I don't know". The staff received an email allowing them what... — read more 

https://youtu.be/NGhd53hV0Z0 The hyperlink doesn't show so you will need to copy and paste

http://www.wsj.com/articles/obamas-for-profit-execution-1472511905 Corruption at corporate level....students and staff suffer. Corruption at the government level, the country suffers. If you care to look deeper, will see connections with groups that... — read more 

Abundant reports in local media today. Here is one.. https://www.wthr.com/article/former-itt-student-not-suprised-at-all-about-schools-problems

IndyStar reviews some of ITT Tech's cheesier commercials: http://www.indystar.com/story/entertainment/2016/08/30/3-bestworst-itt-tech-commercials-ranked/89604588/

52 million cash on hand, no ability to collect T IV monies until 45 days, 18 million (or more) payroll every two weeks...payroll ends this week for next pay period.... Sorry. Simple math. This week will be the last for most.

ITTESI will file for bankruptcy within the next two weeks. No way it can survive, absolutely no revenue stream nor any real equity. With Obama and the feds headhunting proprietary schools no one will touch esi with a buy out offer. Done deal, so long... — read more