Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: Dinkumoil Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 29  
Subject: Re: Title IV investigation Date: 2/28/2004 9:10 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Ilan,

The fact is they did jerk me around (after several interviews and a teaching assignment offer) and I declined to teach at one of their locations in Illinois. I took this all the way to ITT (ESI) CHQ in Indianapolis, Indiana and got nothing. Nada. The hiring process and pay scale was nothing sort of ridiculous.

The questions you are asking about are good ones and the ones I think the Feds want to know about (actual stats of placements, retention, etc vs reported numbers). It's hard to believe authorities would just decide to raid locations on a whim or just for the fun of it. Someone somewhere had to tip them off. Now it's a matter of what may have been misreported, over what period of time, who will be held accoutable, and what will the sanctions be.

What is the ultimate scenairo? Loss of grant monies and/or loans for students. Given the tuition rates at private schools like ITT (up to 8x a public post secondary school) they need funding sources for students to be able to afford their classes.

Hope that helps.

Dink
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Berkshire Hathaway

Berkshire Beyond Buffett Event
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement