Go to the ACICS link below & click on ITT to download pdf of the letter It appears other letters for other scools might be there too http://www.acics.org/commission%20actions/content.aspx?id=6712
I heard today
We're definitely not having a September start and any hope of re entries and keeping students on the asr is dead in the water. . Recruitment seems to be out.
Come with me and you'll be in a land of pure imagination.
RIP Gene Wilder. Rather be working for your chocolate factory than ITT-Tech. Sometimes imagination is best thing ever. But not so great when your company is charged innocent students $40K of real money for an imaginary degree.
Called Navient
FYI - just in case some students are reading this - I called Navient around 11 a.m. PDT today - the lady on the phone said if the school closes you can apply for closed school forgiveness. Also, she said that her phone was ringing all day with... — read more
California shut down letter
http://www.bppe.ca.gov/enforcement/actions/emergency_decision20160826.pdf
No Teach Out
No teach out phase. They are getting shut down completed. They told their staff maybe Friday with response but ACICS said, shut down Wednesday.
Sept Cancellation
This is true. It has been cancelled since they cannot enrolled no more new students for Sept 2016
Fall Term Cancelled?
This guy claims to have called schools in several states, saying now that the fall term has been cancelled for all students: http://seekingalpha.com/article/4003130-itt-educational-services-equity-worthless-update
Party isn't over yet
Party isn't over yet, they are going to try sell ITT tech, Corinthian was sold in the end, Corithian was MUCH more messed up than ITT
Make no mistake.....
I was a recruiter there for 3 years myself. There were good people there trying to do right by the students, against all odds. Who knows? Maybe the ones who claim to have worked there, defending it on these posts, really did belong to the flower... — read more
Just in case there was any question
Just in case there was any question what ITT thinks about its students, they still have not made a statement. Just keeping the students they pretend to care about dangling in the air.
I worked for ITT as an Admissions Representative for 3 1/2 years.
I was laid off about 5 weeks ago. Those of us in Admissions were the first to be let go. It was done in an incredibly professional way. We received severance pay, letters clearly stating it was due to a Reduction in Force, a corporate contact's name... — read more
ITT going out of business
Continue the sentence
Navient
Started getting credit report alerts earlier this morning. Navient is charging off my debt one by one.
ACICS
Just found out that ACICS will be making a visit to my school this week, to audit our files. It's supposed to be a surprise, we don't know which day.
Yude Zhang
Must have lost confidence in senior management. Or hangover setting in and he is wondering what in the bell he was ever thinking. Sold a million shares yesterday and is down to 8% ownership of soon to be nothing.
Parralles
I would suggest that everyone read the Corinthian section of this website. Posts are 2 plus years old. You might see some parralles to ITT. Sobering if you take time to read. Did not end well for them....
Chicago Politics
You think Obama is just clearing the field for his buddies who just bought University of Phoenix? http://www.nationalreview.com/article/437400/barack-obama-martin-nesbitt-profit-from-his-presidency No arguing that ITT has never had their day in court... — read more
Severance Package
What's the severance package if any will be offered?
Anyone from Corinthian here?
How did the things play out for you? I wander if we'll follow the same path, so having some background would help. Post if you know.
Zhang Technical Institute
We'd need a page for them here too
Teach Out
There's no "teach out". Its done... The staff was told Friday not to show up. I stopped by the local campus...and the place was basically abandoned. Doors open, but no staff, one instructor (but her classroom was locked) and a few students wondering... — read more
It's happening
There were already binding severance packages for employees at at least about 10 campus locations. Quarter does not officially end for all schools on Monday. Legacy schools in states such as PA that will still have another week of finals so there may... — read more
Bk tomorrow
Goodnight and good luck
Legal Route
This would possibly be a perfect time for individual students to start filing arbitration cases against ITT. I think the arbitration organization even offers a way to pursue even if you don't have the funds to file the case in terms of your part of... — read more
“we have voluntarily suspended new student enrollment as we assess our options.”
ITT-Tech headquarters finally answered its phone! http://www.chronicle.com/blogs/ticker/itt-tech-stops-enrolling-new-students/113827
VA raises caution flag on ITT, and notifies students
http://www.benefits.va.gov/gibill/news.asp First, VA is actively monitoring this situation and continues to work with ED to assess any further developments regarding ITT and any associated impact on our delivery of GI Bill benefits. Next, we notified... — read more
Important! "ITT Tech’s Washington campuses no longer eligible for state financial aid programs" (new article)
http://www.nbcrightnow.com/story/32864785/itt-techs-washington-campuses-no-longer-eligible-for-state-financial-aid-programs OLYMPIA, WA - On Friday, August 26th, the Washington Student Achievement Council (WSAC) did not renew ITT Tech’s (ITT)... — read more
ITT TECH LEASES
As of year-end 2015, ITT leased 112 facilities, owned 42, and had leases on six campuses no longer in use that expire by January 2017. It also owns its 43,000-square-foot headquarters building in Carmel, IN. Its facilities range in size from... — read more
Update ???
Does anyone have an update from the calls this afternoon ? All we are hearing is crickets!
Mondays stolen millions should be taken by feds
Kevin Monday has amassed millions by driving ITTESI into the ground. The feds should attach and give this money back to the students.
Current ITT-Tech students --- find real information here
Okay, your school is not telling you anything? Here is link to the Department of Education website designed just for current ITT-Tech students: Increased Oversight of ITT and the Impact on Students... — read more
Notice must be provided to students immediately (Aug. 25th letter from DOE to ITT)
... As a further condition of maintaining its certification to participate in Title IV programs, ITT must adhere to the following requirements, effective immediately: ITT Technical Institutes operating under the Indianapolis, IN and Spokane Valley... — read more
Blame Kevin Modany
So many folks assume ITT Tech was corrupt from the bottom up...ignoring the fact that there were many solid performing campuses with staff that truly cared about their students, and did their absolute best under extraordinary circumstances. Please... — read more
Bankruptcy appears inevitable.
What's next? Will they shut down and send students elsewhere? Will they teach out? Or will someone buy them out? http://mobile.nytimes.com/2016/08/29/business/crackdown-on-for-profit-colleges-may-free-students-and-trap-taxpayers.html
Junior College Curriculum & Course Support verses ITT
I have taught at both ITT and at the local JC. The first time I taught at the JC after teaching at ITT, I was shocked that there was NO Curriculum, NO syllabus, NO quizzes or Final Exam. My first semester teaching at the JC, I was called in to teach... — read more
Anyone visited the website lately?
All pages redirect to a statement that ITT is no longer accepting new students!