ITT Tech closing ALL schools nationwide

[klone]

ITT Tech shutting down all campuses nationwide

In late August, the U.S. Department of Education barred ITT (ESI) from enrolling new students who depend on federal aid and required the company to warn current students that its accreditation is in jeopardy. ITT also was told that it must increase its reserves from $94.4 million to $247.3 million, or 40% of federal student aid the company received in 2015.

The financial blow was too much for Carmel-based ITT to bear, so the decision was made to shutter operations, a move that will impact thousands of students and employees.

[carolinapooh, BSN, RN]

But if you follow the link to "articulation agreements" it brings you back to the main page of their shuttered website...helpful.

Some of those schools they had "agreements" with might rethink their association now that they've shut down.

[CanadianAbroad]

They had implied that the nursing school was on a different level than ITT. It was as if it was branching for a split. That is why I never even thought about possible problems. It never really occurred to me the nursing school would be shut down. The odd part, the nursing schools still have their websites up and not indicating they are closed. The ITT main site, completely gone. That to me has me wondering if the nursing schools will end up opening again at some point, which still won't help that school or the current students. I have yet to receive an email they are closing, yet ITT main students have. It really is odd.

[carolinapooh, BSN, RN]

Thank you for not being offended.

I agree - that's weird. I wonder if they are formulating an agreement with another program and are waiting for the final word?

[johnny6]

Those "nationally accrediated" schools in Indiana you keep mentioning are non-reputable and essentially worthless. They're diploma mills. The United States Department of Education and the Council for Higher Education Accreditation recognize the Commission as the assigned regional accrediting organization. And there are only 6 types of regionally accreditation.

[Esme12, ASN, BSN, RN]

Sigh...I have seen this coming for years. I have advised on here for students be sure that their program be nationally accredited by nursing or they were going down and unstable path. I have read that the Department of Education to forgive loans but I have not read that they would help students fine another school. I feel so sorry for all those students out their education and their tuition.

[VioletKaliLPN, LPN]

I hate to say it, but ECPI is one of them. 33,000$ for an LPN program. They standards are a lot lower than most programs. Not trying to offend, just giving a fact.

[emmjayy, BSN, RN]

I looked into ITT once to see if I could get some kind of official paralegal certification. They wanted to charge me $40k to get a "degree" related to information I probably knew already. That was the point where I said screw it, if I'm going to go into debt for an education it may as well be worthwhile, and applied to nursing school (NOT through ITT )

As for the issue of whether or not worthwhile schools will accept ITT credits, I bet you dollars to donuts the way it'll eventually happen is that the federal government will threaten to pull their funding if they don't accept ITT credits. It's how they finagled Common Core into place nationwide, and so I wouldn't be surprised to see it happen here.

[elkpark]

Thank you for not being offended.

I agree - that's weird. I wonder if they are formulating an agreement with another program and are waiting for the final word?

Unlike the rest of what ITT Tech offered, nursing programs are worth a lot of money. I wonder if they are negotiating with someone (probably some other for-profit diploma-mill operation) to sell off the nursing schools? A lot of the proprietary schools got into the nursing biz in the first place by buying up existing nursing programs that were struggling financially.

I hope that the programs will just completely die, though.

[Aromatic]

people need to be smart about paying for education. it saddens me that community college enrollment is down, but for all other types of university (state universities, private universities, expensive shady private universities) enrollment has been going up. People do not understand the great benefit of community colleges. I took all my nursing prereqs at a community college. then 5 years later all my premed prereqs. I think last year it cost me like... 2300 for a years worth of classes. You can't beat that. and No, schools do not frown upon community college credits.

Community colleges rock

[fawnmarie, ASN]

Every investor-owned school is pretty much a scam. I know there are legitimate private schools. Most of those are regular, 4-year universities that have some sort of religious affiliation. But commercial schools are all a scam. I have seen what they do to people.

I have a friend who bounced from school to school. Three different types of those schools. She's now over $60k in debt and no degree to show for it. Each schools admission offices convinced her they could make her dreams of nurse come true. She eventually at the third school was making payments of a couple hundred a month in addition to taking all of her pell Grant and giving her federal loans. She never would listen to me. Now she's out all this money, no degree, no job.

So yes, they are all scams. They throw up these schools and prey on people. People who are in poverty already and they promise this way out by getting a subpar education at their school at a premium price. They promise them their lives will turn around and everything will be unicorns and rainbows with all this great money they will make. It's a fantasy.

Moral of the story, don't go to a school that advertises commercials during Jerry Springer and Judge Judy.

Absolutely! I couldn't agree with you more, NurseGirl! People who are already living in poverty and desperate for a "fast track" to a career in nursing see ITT's commercials during the day and are so easily coaxed into enrolling. I was watching my local news interview a heartbroken veteran who was attempting to get some answers...he went to the local campus and found it completely abandoned. His statement to the news reporter indicated that he felt like he had been targeted and coaxed into enrolling because he had GI benefits.

[meanmaryjean, DNP, RN]

Sigh...I have seen this coming for years. I have advised on here for students be sure that their program be nationally accredited by nursing or they were going down and unstable path. I have read that the Department of Education to forgive loans but I have not read that they would help students fine another school. I feel so sorry for all those students out their education and their tuition.

ESME!!!!!!! Missed you!

[meanmaryjean, DNP, RN]

Let's make this clear: NO ONE is suggesting that any individual student of ITT tech - past or present- is a terrible person, stupid, inferior, whatever.

PLEASE separate that in your mind from the school itself and it's awfulness institutionally- speaking. This is NOT about personally calling individuals into question for their decision to attend, or not attend, ITT Tech. It is about the massive fraud and waste of the entire situation, and the terrible human 'collateral damage' inflicted upon tens of thousands of households across the country.