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posted by takyon on Wednesday September 07 2016, @02:36AM   Printer-friendly
from the transfer-time dept.

Today, ITT Educational Services, Inc. (ITT) announced that it is closing all of its ITT Technical Institute campuses. For most of the world, that news will be covered as a business story or a political one, but I know that for you it is deeply personal. You are probably wondering what this means for your future; how it is going to affect your finances and your ability to continue your education.

In recent years, ITT has increasingly been the subject of numerous state and federal investigations. In August, ITT's accreditor, the Accrediting Council for Independent Colleges and Schools (ACICS) determined that ITT "is not in compliance, and is unlikely to become in compliance with [ACICS] Accreditation Criteria." This came amid increasingly heightened financial oversight measures put in place by the Department over the past two years due to significant concerns about ITT's administrative capacity, organizational integrity, financial viability, and ability to serve students.

[...] Whatever you choose to do, do not give up on your education. Higher education remains the clearest path to economic opportunity and security. Restarting or continuing your education at a high-quality, reputable institution may feel like a setback today, but odds are it will pay off in the long run. There are people and tools – like our College Scorecard – out there to help you pick a program that gives you a real shot at success.

I am proud of your hard work and dedication, and we will do all we can to continue to provide information to you on your options.

Sincerely,

John B. King Jr., U.S. Secretary of Education

Source: Department of Education


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  • (Score: 0) by Anonymous Coward on Wednesday September 07 2016, @04:45AM

    by Anonymous Coward on Wednesday September 07 2016, @04:45AM (#398555)

    We had a saying 25 years ago when I went to college. (fuck I am getting old...)

    If you cant hack university there is always community college if you cant hack that there is always ITT.

    I had considered it here and there for a class or two. But usually just ended up self learning anyway. Like I was taught at university.