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ITT Technical Institute
ITT fights to stem tumbling enrollment
March 16, 2013
J.K. WallA federal investigation and a shareholder lawsuit are the latest headwinds to threaten ITT Educational Services Inc., which
is trying to reverse a precipitous decline in enrollment.
MoreITT suffers tough quarter on enrollment drop, loan losses
January 24, 2013
J.K. WallITT Educational Services Inc. shares swooned Thursday morning after the private educator reported sinking revenue and a $9.5
million loss in the fourth quarter. But the stock rebounded strongly later Thursday.
MoreAnalysts: ITT's woes are likely to worsen
January 12, 2013
J.K. WallInvestors have dumped the already-depressed shares of ITT Educational Services Inc. after the operator of for-profit colleges
shelled out $46 million for bad private student loans it had backed to help students pay the portion of its pricey tuition
that federal loans won’t cover. With fewer ITT graduates able to find jobs, the default rates on these loans has spiked.
MoreNew student-loan effort adding to ITT backlash
August 11, 2012
Greg AndrewsFor-profit school operator ITT Educational Services Inc. told investors late last month that it had worked out a tentative
deal with an outside party that would provide $100 million in loans to its students.
MoreITT Educational's profit plunges, but tops analyst expectations
January 26, 2012
J.K. WallThe Carmel-based operator of for-profit colleges earned $76 million in the quarter compared with $97.5 million in the same
quarter of 2010. Revenue fell 10 percent.
MoreFor-profit colleges face curbs on aid in new veterans bill
January 23, 2012
For-profit colleges like Carmel-based ITT Educational Services would be forced to rely less on federal money under a bill
aimed at curbing the marketing of degrees to soldiers and veterans.
MoreFor-profit colleges make costly loans, report says
February 2, 2011
Bloomberg NewsCompanies including ITT Educational Services Inc., DeVry Inc and Career Education Corp. are making loans with “high
costs” and “predatory terms,” the group said.
MoreUPDATE: ITT Educational profit gives shares a boost
January 20, 2011
IBJ Staff and Bloomberg NewsShares of ITT Educational Services Inc. rose the most in a year Thursday after the for-profit educator reported a fourth-quarter
profit that beat analysts’ estimates.
MoreITT Educational OKs bonuses to keep managers in place
December 27, 2010
IBJ StaffCarmel-based ITT Educational Services Inc.’s management team will get special cash bonuses if they remain with the company
until the end of June, ITT disclosed in a regulatory filing last week.
MoreITT Educational, for-profit peers reaped $521M from military
December 9, 2010
Bloomberg NewsTwenty for-profit colleges—led by Carmel-based ITT Educational Services—reaped $521 million in U.S. taxpayer funds
in 2010 by recruiting armed-services members and veterans through misleading marketing, according to a Congressional report
released Thursday.
MoreProposal: Link federal aid to performance of ITT, peers
July 23, 2010
Bloomberg NewsThe Obama administration released a proposal that would tighten for-profit colleges’ access to federal student aid,
threatening an industry that received $26.5 billion in U.S. funds last year. Carmel-based ITT Educational Services
is among those potentially affected.
MoreSenator: For-profit colleges require tougher oversight
June 24, 2010
Bloomberg NewsFor-profit colleges like ITT Technical Institutes need tougher oversight and regulation, according to a report from a Democratic
Senate committee chairman that questions the industry’s advertising spending, tuition costs and reliance on taxpayer
money.
MoreNew federal rules target for-profit college recruiting
June 16, 2010
Bloomberg NewsThe Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford.
MoreITT Educational posts first-quarter profit, raises forecast
April 22, 2010
J.K. WallThe Carmel-based operator of for-profit colleges pulled in profits of $85.7 million, or $2.46 per share, up nearly 44 percent
from the same quarter a year ago.
MoreEducation stocks rise as reports hint at looser rules
April 13, 2010
Bloomberg NewsShares of ITT Educational Services rose 9.6 percent Tuesday, their biggest gain in seven months.
MoreITT 'buying accreditation' strategy makes critics uneasy
March 22, 2010
Bloomberg NewsITT Educational Services and other for-profit educators are buying not-for-profit colleges to gain access to their regional
accreditation. The tactic could fuel rapid growth but makes critics uncomfortable.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.