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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
(Score: 0) by Anonymous Coward on Wednesday September 07 2016, @01:53PM
Haven't really seen that.
Many people don't even see how their K-12 educations were garbage. If you're raised in a culture where abysmal-quality educations are the norm, it can be difficult to see the problem.
(Score: 0) by Anonymous Coward on Wednesday September 07 2016, @02:04PM
Since many people just see college/university as a means to an end (a way to get a good job), it's no surprise the situation is like this. When education isn't your absolute first priority, the quality of the education suffers. When your schools are filled with shallow people who have shallow, impure motivations, education again suffers. Accredited universities can avoid a bad reputation by simply being a bit better than the lowly vocational schools, because they appear good by comparison even if that is not so.
Only the best-of-the-best schools have anything to offer.