One for profit "college" down--how many more to go"

[moonshaz]

Good Riddance: 6 Facts About The ITT Tech Shut Down

This morning, one of the nation’s biggest for-profit colleges, ITT Tech, announced that it has permanently shut down its academic operations and fired the “overwhelming majority” of its more than 8,000 employees. In a typically self-pitying, remorseless statement, the company blamed all its woes

Comments

[pairatime]

posted it above but posting it here too.

My similar I mean two main things. 1. charging far more to go to the school then they openly claim with fees and other rates which they often don't list on their websites and don't tell you about until you see your bill. This for me personally was half as much as my tuitions. And while you can find the information if you really dig for it it's not easy. Even getting an explanation of the fees is a challenge. They are being deceptive in my mind.
here are two articles but I'm sure you an find more.
http://www.salon.com/2013/03/30/college_tuitions_hidden_charges/
http://content.time.com/time/nation/article/0,8599,1838872,00.html

2. Most public Universities still claim that a bachelor’s degree is a four year degree even when at the best public colleges only a 1/3 of students (and at many far less) finish in that time. They keep adding more and more requirements to their majors yet still publicly state they are four years degrees when they are not anymore. Basically trapping students for an extra year or more with their half truths.
(http://www.nytimes.com/2014/12/02/education/most-college-students-dont-earn-degree-in-4-years-study-finds.html?_r=0)

Are they the same as that some for profit schools are doing, no, but are they that different, no. They are still milking the students (and the government) for as much money as they can.

[rex_dart]

Those aren't really comparable problems, though. You're still fundamentally talking about properly accredited schools that provide transferable credits and degrees that are good essentially anywhere in the world as opposed to diploma factories handing people useless pieces of paper upon graduation. That's THE most important difference here.

[pairatime]

In that part yes ITT is worse no question, but in terms of what it cost the students and being honest about that cost I don't think they are that different and that is what I think the Education Department needs to start looking at.