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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: 2) by isostatic on Wednesday September 07 2016, @10:50AM

    by isostatic (365) on Wednesday September 07 2016, @10:50AM (#398639) Journal

    Dunno if that applies to non-EU people, maybe it does, but from what I understand there are plenty of courses in English, so you only need German for day-to-day living, which isn't that hard to get by in.

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  • (Score: 0) by Anonymous Coward on Wednesday September 07 2016, @01:17PM

    by Anonymous Coward on Wednesday September 07 2016, @01:17PM (#398671)

    It does, but it is deceptively free. You still need to live there and eat.

    • (Score: 0) by Anonymous Coward on Wednesday September 07 2016, @03:36PM

      by Anonymous Coward on Wednesday September 07 2016, @03:36PM (#398738)

      But you do get periodic, all expense paid trips to France, Russia, Poland...