Thread regarding ITT Educational Services Inc. layoffs

All things evil start from innocence.

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 buy up the stock because within two weeks an agreement will be announced and within a month the stock will be up to $5.

The DOE will claim victory by benefiting the students. ACICS will win by actually imposing a tightened leash ITT must yield to. And ITT will win because they'll have an employee of the DOE on their board that secures them continuing enrollments, albeit with less schools.

You may cheer on the DOE for taking on the beast, but you are cheering on a viper with no fangs. If ITT is evil, the DOE is the devil that created it.

Sorry to be the bearer of good tidings when you love chaos and demise. Congratulations to the employees left for ye can keep thy jobs.

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| 1441 views | | 7 replies (last September 2, 2016) | Reply
Post ID: @OP+JaAxZsK

7 replies (most recent on top)

Right.....

So ITT Tech hasn't been screwing over Students and Taxpayers?

https://consumerist.com/2016/01/21/whistleblower-lawsuit-accuses-itt-tech-of-defrauding-government-using-deceptive-recruitment-practices/

http://www.help.senate.gov/imo/media/for_profit_report/PartII/ITT.pdf

That pain funnel diagram sure looks nice.....

And surely, ITT Tech never engaged in predatory lending practices to increase its bottom line....

http://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-for-profit-college-chain-itt-for-predatory-lending/

Right....

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Post ID: @1tva+JaAxZsK

@vnc, you clearly don't know the facts. Here is a fact for you about corporate's intent in filling positions. COO Feichtner told my campus, last spring, that smaller campuses (like ours -- under 300 students) will be operated without any full time faculty, chairs, or deans, only adjunct faculty (part-time, temporary employees), as a cost saving measure. And the campus director will be both director and dean. The exception is nursing programs, where state nursing boards require full time faculty. This decision was made well before the rep lay-offs started.

For the amount students pay, they expect and want more academic support -- its a college, right? Enrollment has been dropping for years, because students are getting what they want. ITT-Tech has been tanking because of dumb management decisions like guttting academic departments.

IF you can't understand that, well, you are still entitled to your opinion.

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Post ID: @aqh+JaAxZsK

Still need to show cause. People quit. So what. They aren't running the campus without a those posts, they just need filled. If happens. Not all schools are that way, all though with this premature defamation from the DOE, ita going to happen more often. When it comes to program chairs, why the hell do you need one with only 30 people enrolled in a program. A teacher or Dean could fulfil any student need with so few at so many campuses.

So, thanks for proving OP's point. No wrongdoing. If ACICS or the DOE doesn't like it, then require them to change it. Don't shut them down just because you feel like it.

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Post ID: @vnc+JaAxZsK

They went after ITT with ZERO proof of wrongdoing

---um, who said anything about wrongdoing, how about plain incompetence? One student poster mentioned his campus has no director, no dean, and his program (and likely others) has no program chair. The full time faculty are gone. None of this is wrongdoing, but none of it forms a sensible & effective college campus. Having an extremely low grad rate is not wrongdoing, but shows institutional ineffectiveness. Facts, not fiction.

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Post ID: @nzk+JaAxZsK

OK, here is a prime example what an essay by an individual consuming controlled substances reads like

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Post ID: @ypd+JaAxZsK

Garbage.

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Post ID: @wcf+JaAxZsK

Haha.

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Post ID: @yek+JaAxZsK

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