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El Reg reports
For-profit college chain ITT Technical Institute is facing further sanctions as the US government and the state of California have ordered the school to stop accepting new students.
Citing ongoing financial problems with the school, the US Department of Education (DOE) has barred the school from taking any new students who rely on federal aid money, out of concerns that the school will go under before those funds can be repaid.
"To protect prospective students and taxpayers, we're no longer allowing ITT to enroll new students with federal aid", the DOE said.
"In addition, in case the school's actions cause it to close, we're increasing the amount of cash reserves it must send us and we're ending its installment payment plan for the amount previously required."
This, after the DOE said it has spent the past two years working with ITT to get its financial matters in order and address concerns from creditors that the school may not be able to stay afloat and pay back its debts.
[...] Students who are already enrolled at ITT with financial aid will be allowed to continue courses and will have the option to transfer to another school that accepts ITT course credits.
The DOE added that those who have already graduated from ITT will continue to have their certifications recognized as valid credentials.
[...] The state of California, meanwhile, is taking things a step further by ordering the school [PDF] to stop accepting any new enrollments at its 15 California locations as of September 1.
The decree, issued by the Department of Consumer Affairs, Bureau for Private Postsecondary Education, cites the financial issues and says "there is a substantial failure by the Institution to meet institutional minimum operating standards related to financial resources and accreditation standards".
We have previously discussed other for-profits in hot water.
(Score: 2) by HiThere on Thursday September 01 2016, @05:12PM
Since you "already have a 30 year old engineering degree", I can understand why taking classes at a junior college wouldn't help you get a job. I expect if you really wanted one you would have it, or perhaps you already do . (You didn't say.) Or perhaps you're retired. (I retired about 25 years after graduating in statistics...and working as a systems analyst.)
Someone just out of high school is in a rather different situation. (OTOH, I took 6 years to graduate from college, partially because I didn't want to leave, and partially because I wasn't a really good student, and partially because I had a partial subsidy from my parents. I was luckier than most people, even most people at college. But I never did find a good girlfriend. That happened years after I graduated.)
Javascript is what you use to allow unknown third parties to run software you have no idea about on your computer.
(Score: 2, Informative) by anubi on Friday September 02 2016, @06:32AM
Presently self employed. I guess that's why I have time to pontificate on these forums ( albeit SN is the only social media I have anything to do with. )
I have been offered a couple of jobs, but my heart was not in them. Not near at the level my heart was in my jobs at Chevron or Autonetics.
Its one thing to be building something I felt to be very important --- compared to helping someone else make money for yet someone else, and have it made clear to me that my time was just a commodity to be acquired at the lowest price. After dealing with personnel, I am afraid my attitude was in the toilet.
I am at the level I can "make it" living on savings, but very low on the totem pole. If I can find something meaningful to me, something I can put my heart into, I would love to get involved again. My concept of "meaningful work" is not taking someone's drawings and putting them onto yet someone else's CAD platform.
I have already had to work with "management teams" who kept changing my technical infrastructure around. I thought I had made some headway trying to communicate the difficulty I was having when I found out one of the management guys knew how to play a guitar, and I offered to swap the strings around on his guitar and see if he could still play it, but unfortunately, his management training was so well instilled he could not grasp the concept I was trying to convey.
I fully realize the converse is also true, if I was employed, and I was to interview that guy, he would have not have had a chance either. I would be after someone who could build something, not a "food critic".
I do not have that much longer to live. If I cannot work with dignity, then its welfare.
"Prove all things; hold fast that which is good." [KJV: I Thessalonians 5:21]