ITT Technical Institute (often shortened to ITT Tech) is a for-profit technical institute with over 130 campuses in 38 states of the United States. buy a fake ITT Technical Institute diploma, ITT Tech is owned and operated by ITT Educational Services, Inc. (NYSE: ESI), a publicly traded company headquartered in Carmel, Indiana. ITT Educational Services, Inc. (ESI) was spun off by ITT Corporation through an initial public offering (IPO) in 1994, with parent company ITT as an 83% shareholder. ITT Tech licenses the “ITT” name from ITT Corporation, which originates from the latter company’s original name “International Telephone & Telegraph”.
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The school’s parent company was founded in 1946 as Educational Services Inc. It was acquired by the ITT Corporation in 1966, changing its name to ITT/ESI with a divisional headquarters in Carmel, Indiana. The division was spun off through an initial public offering in 1994, but ITT still held 84% of the new company. buy fake ITT Technical Institute diploma, ITT divested its holdings over the next five years, allowing the institutes to continue using their name under license.
ITT Technical Institute’s degree programs in information technology, computer software, networking and security, electronics, drafting and design/manufacturing technology, business management and accounting, and criminal justice technology were nationally accredited by the Accrediting Council for Independent Colleges and Schools (ACICS). Nevertheless, the school was accused in several jurisdictions of inflating grades and overstating student achievement to maximize enrollment and federal student loan revenues. Many campuses were reported to have higher rates of student loan default than graduation. fake ITT Technical Institute diploma maker, In February 2014 the company was sued by the Consumer Finance Protection Bureau and numerous states opened investigations. In August 2016, the U.S. Department of Education issued a ruling which barred ITT Technical Institute from enrolling students who receive federal aid. The company closed all of its campuses on September 6, 2016 and filed for Chapter 7 bankruptcy liquidation ten days later.
In 2021 the U.S. Department of Education announced that $500 million in outstanding student loans for 18,000 former ITT students would be canceled. In 2022 the department extended that program to dismiss $3.9 billion in loans from 208,000 borrowers who attended ITT between 2005 and 2016.
