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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: 3, Interesting) by HiThere on Wednesday September 07 2016, @07:39PM

    by HiThere (866) Subscriber Badge on Wednesday September 07 2016, @07:39PM (#398838) Journal

    Education should not be a business. (Neither should running a prison.)

    There should be craft training for those who want to learn crafts. Ideally that should lead to a job, but don't count on it anymore. Still, plumbing, cabinet making, etc. need to be taught by those skilled in the art. Apprenticeships had their points, but they had lots of bad points too, and anyway few craftsmen are willing to take on a 12 year old and teach him for 20 years, and 12 year olds can no longer be bound to that kind of a contract. There are reasons why master craftsmen have disappeared, and the reasons aren't all bad.

    There should be academic trade training for those who want to learn those trades. Computer science, Engineering, etc. Ideally that should lead to a job, but don't count on it. University based liberal education shouldn't be a requirement for those only interested in learning a trade.

    There should also be university based liberal education for those who want to learn something about everything.. One can hope that this will lead to a job, but don't expect it.

    These should all be done as social good, not as businesses. And rapidly advancing automation implies that nobody should be required to devote years learning something and be required to know in advance that it will be needed when he graduates. That's impossible. Too many unexpected jobs have already been automated out of existence, or de-skilled to the point where a trained pigeon could do them. Nobody should end up worse off for having made the wrong commitment to a skill. Education should, if not earning a salary, at least be free, including texts...but this doesn't mean easy. If society is paying the bill for the education, students that don't measure up to the requirements should be kicked out of the class. Perhaps they can try again in a few more years, or in a different school...but no sooner than next school year. This would mean that finals are more important, and probably implies the quarter system, or perhaps even a shorter term.

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