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ITT Technical Institute (often shortened to ITT Tech or ITTTI), is a for-profit technical institute with over 130 campuses in 38 states of the United States.〔''(ITT Educational Services, Inc. Announces the Opening of its First College in West Virginia Expanding the Company's Reach into 37 States )'' MarketWatch, November 14, 2008〕 ITT Tech is owned and operated by ITT Educational Services, Inc. (), a publicly traded company headquartered in Carmel, Indiana.〔"(FAQ )." ITT Technical Institute. Retrieved on November 23, 2011. "Our principal executive offices are located at: ITT Educational Services, Inc. 13000 North Meridian Street, Carmel, Indiana 46032"〕 Students and employees have written critically about the school's high tuition and low academic standards.〔http://www.nytimes.com/2010/03/14/business/14schools.html?src=me&ref=general&_r=0〕 ITT Technical Institute charges among the highest tuition in the industry. It also has the industry's highest rate of loans that go into default within two years of attendance. In 2014, the tuition for attending an ITT Tech campus ranged from $45,000 to $85,000.〔http://programinfo.itt-tech.edu/cost.pdf〕 According to ITT Tech literature, credits earned at ITT Tech are unlikely to transfer to other colleges.〔http://www.itt-tech.edu/credits.pdf〕 On February 26, 2014, the Consumer Finance Protection Bureau (CFPB) sued ITT, alleging that they used high-pressure tactics to coerce students into high-interest private loans that were likely to end in default.〔(【引用サイトリンク】title=CFPB Sues For-Profit College Chain ITT For Predatory Lending )〕 ESI is also being investigated by at least a dozen state attorneys general.〔(【引用サイトリンク】title=State Attorneys General Open Major Investigations of Big For-Profit Colleges )〕〔(【引用サイトリンク】title=EDGAR Pro )〕 On October 19, 2015, the U.S. Department of Education announced that because of the company's "to meet its fiduciary obligations," it was being placed under "heightened cash monitoring".〔Nick DeSantis and Goldie Blumenstyk , "U.S. Tightens Restrictions on ITT's Access to Federal Student Aid", ''Chronicle of Higher Education,'' Oct. 20, 2015 () Accessed 21 Oct , 2015〕 ==History== ITT Tech was founded in 1946 as Educational Services, Inc. and has been headquartered in Carmel, Indiana, since 1969. From 1965 until its IPO in 1994, ITT Tech was a wholly owned subsidiary of ITT Corporation (as "ITT/ESI"). By 1999, ITT Corp. (which had merged with Starwood Hotels & Resorts Worldwide the year before) divested itself completely of ITT Tech's shares but the schools still use the "ITT" name under license. It operates over 130 ITT Technical Institutes across the US, which primarily provide career-focused degree programs to approximately 60,000 students. California Regent Richard C. Blum (Senator Dianne Feinstein's husband) has been a significant shareholder of the stock〔(【引用サイトリンク】title=Who Runs the University of California? )〕〔(【引用サイトリンク】title=Is UC regent's vision for higher education clouded by his investments? )〕 despite allegations of conflict of interest. Board member Vin Weber has also been a key political operative for the company since 1994. On February 26, 2014, the Consumer Financial Protection Bureau sued ITT for its use of loans the college chain knew would default. In August 2014, the US Department of Education placed ESI under "heightened cash monitoring" failing to submit financials and compliance audits tied to its administration of federal financial aid. CEO Kevin Modany also announced his resignation.〔(【引用サイトリンク】title=ITT Educational CEO signals resignation amid stock freefall, federal scrutiny )〕 In the wake of these problems, accounting firm PricewaterhouseCoopers left ESI and 〔(【引用サイトリンク】title=ITT Auditor Walks Away Amid CEO Search )〕Deloitte was named the external auditor for ESI.〔(【引用サイトリンク】title=EDGAR Pro )〕 In November 2014, J.P. Morgan Chase Bank loaned ITT Educational Services $79,000,000 to "satisfy a federal penalty".〔 In December 2014, Cerberus Capital Management issued a $100,000,000 term loan to ESI. The loan will mature in December 2017.〔(【引用サイトリンク】title=ITT Educational Services (ESI) Enters $100M Term Loan Agreement with Cerberus Business )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「ITT Technical Institute」の詳細全文を読む スポンサード リンク
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