ITT Tech shuts down operations

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Hopefully someday people won't have to give their left cajone to go to college.

http://www.msn.com/en-us/money/companies/itt-tech-shutting-down-all-campuses-nationwide/ar-AAiySMt?li=BBmkt5R&ocid=spartanntp

That is great news. It was over priced substandard education.

AFAIC ITT tech did this out of spite, and were lying when they said they could not afford to stay open a single day more. you can't convince me that any properly run business runs so close to the bone that when a setback comes that they are flat busted at that point, I am positive they could at least have afforded to complete their students classes first before arranging transfers.

GOOD----they were THIEVES!!

That said, I do think informal education, such as Open Courseware, should be factors in gaining skills for employment. Self-teaching would demonstrate independence and initiative.

The employer should forgo resumes and interviews, in favor of a first-come-first-served, entrance exam, in the local dialect, involving traditional etiquette.

You have, say, 10 openings, with predetermined payrates and benefits.

The first 10 people to pass get hired.

For his purposes, it doesn't really matter whether your course material came from a homeless person's shopping cart, a rabid parakeet, or a crystal ball made of gelatin.

If you're really so equal-opportunity, be more results-oriented.

There aren't any subsidies or grants from special interest groups, involved in the hiring process, right? Because, if that's the case, college is still redundant.

in this country, our racket of a higher "education" system merely serves as a filter, a winnower for employers. ITT tech just was more obvious about it being a racket and a winnower for American big business/big gov't.

That's called "Merit Hiring", which is a concept that is antithetical to the philosophy of labor unions, SJWs, feminist groups, and organizations like the NAACP - organizations that would dearly love to impose hiring quotas based solely on race, gender, disability, et cetera, regardless of a person's ability (or willingness) to do the job he or she was hired to do.

I'm also tired of listening to people with Liberal-Arts degrees (or no degrees at all) whinge on about how hard it is to get a job when there seems to be a shortage of nurses, computer-systems analysts, front-line technical supervisors, software engineers, physicians, data analysts, and mathematicians.

Personally, I'm a proponent of Merit-Based Hiring & Promotion. If you can and will do the job, then you should be placed in a vacant position and paid the same amount as anyone else in that position. And if it means relocating, working odd hours, or sharing a workspace with people you don't like, then it's up to you (not the employer) to make the necessary adjustments - the perfect job will never come to you unless you create it for yourself.

(BTW: When the class-action lawsuits against ITT Educational Services start getting filed, I'll be signing up for my "fair share" of the settlement ... all of those graduates who came through my office and couldn't do any real work were a waste of my time and effort to hire, train, and evaluate, only to have to terminate their employment for poor performance.)
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T minus 11 and counting.

I don't believe there is a literal shortage of these jobs.

I believe the employer has sham job fairs, as a pre-condition to collecting corporate welfare.

Some of these hiring managers change the advertised position, mid-interview, from something kind-of, sort-of adequate, to a job title that is not even financially survivable. When you are clearly over-qualified, or there is no question at all, in regards to getting more job training, you walk out. (Why not get a newspaper route or open a lemonade stand.)Then, they say, I guess people just don't want to work.

Some IT companies then took operations, overseas. Investor relations has them saying they are so unproductive, they want to move back home. Press relations says Americans are ignorant and unmotivated. They are subsidized, based on location and demographics. That is their business model. They just have to go through the motions, so as to appear busy.

In one of these grants, I read (hyphenated) American must attempt (career field) for $100.000.00 p/a.There are no quotas in terms of physical productivity. And, they're still not capable of maintaining appearances.

This is Weimar Germany, or like something from the opening chapters of Isaiah. It is beyond me, where the food, clean clothes, and shelter is still coming from, at this point, as someone who use to think that the mall was privilege. I participated in good faith, because I believed in this.

I think this is a great thing, as those "schools" are really scams and I hope they all get shut down.

The school is effectively a govt market control, which the govt will not back.

How else was it supposed to guarantee success, if not a specific number of diplomas for a specific number of positions.

It was reported that, under Qaddafi, the graduate would be paid (in their fiat currency) until the govt could provide a job for them. Also, some countries pay learning students, as though they have a job.

Or else, let the free market decide the quality of your workmanship. There is more than one way to be pragmatic about it.