http://www.huffingtonpost.com/davidhalperin/blockbuster-lawsuit-claim_b_9040584.html?utm_source=Alert-blogger&utm_medium=email&utm_campaign=Email%2BNotifications
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Lipscomb worked in the education field for 20 years and was recognized for his skills by being employed by ITT Tech in a management capacity. But after getting to look behind the curtain, Limpscomb came away with the impression:
•ITT engages in a systematic scheme to defraud the government by receiving Title IV money while clearly violating conditions of Title IV payments.
•ITT systematically violates conditions of payments when it enrolls students that are not equipped, or prepared, to succeed in ITT's course of study.
•ITT systematically violates conditions of payment when it pressures recruitment representatives to "dig in" to a student's pain to pressure the student to enroll.
•ITT systematically violates conditions of payment when it lies to students about what ITT's programs train students to do, and the kinds of jobs students can expect to get when they get out of the program.
•ITT systematically violates conditions of payment when it changes, refuses to explain, and lies to students about the financial obligations the student will have to meet during the student's enrollment at ITT, and after the student completes the program.
•ITT systematically violates conditions of payment when it offers promotions and compensation incentives based on the number of students its recruitment representatives can enroll.
•ITT systematically violates conditions of payment when it instructs its campuses to lie about, or alter, placement rate reports.
http://www.huffingtonpost.com/entry/lawsuit-against-college-is-a-bombshell-of-deception_us_56a64be4e4b0e78364b58be0
Ha, you're full of shit - ITT has systematically defrauded hundreds of thousands of students and that is why they are on the verge of bankruptcy.
ITT Technical Institute provides students with opportunities to flourish, and Rodney Lipscomb's comments are that of a angry individual that was fired due to lackluster performance. ITT Technical Institute is a fine institution that is eager to help students, there is no "Falling Deck of Cards" ITT Tech is the Future and will continue to be the future for many students.
Good to see this stuff making the news. I'm so sick of the retards on the Yahoo ITT Stock page pretending this house of cards is going to survive. If you're listening ITT Tech, I am devoting my entire life to making sure none of my loans get paid back and making sure as many former students also fight the fraud and predatory debt model you used. I will put a bullet in my brain before I will ever give you one red cent, and I'm not alone in feeling this way.
Another one from different site: http://www.marketwatch.com/story/at-itt-tech-a-greatest-hits-of-abuses-attorney-2016-01-21