The true tragedy is the students who are about to graduate, they now have to start all over. This sucks! The students all over the place were taken advantage of. They were mainly poor and uneducated. Now the staff from the college will feel their pain of being broke. To all the overpaid admissions staff and upper management this will be a big slap to your face. What will you do know when you find out that you are only worth $10 per hour because you have no education, and those who do have a degree we stupid enough to get it from ITT Tech or some other for-profit school. Those days of making $20-$40 per hour are gone. Especially the stupid admissions staff and directors who walked around campus like their Sh!t doesn't stink. Now you can rely on your unemployment for 6 months and then get your $10-$12 per hour job, you will now be indirect competition with the students who you took advantage of. And for those idiots who are still working today, please have some dignity and stop faking it with the students. Let them know their options so they can enroll into a real school.
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There are still many degrees we offer that will land you a $20/hr job