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Review content:
This complaint is with this school in this particular location, as well as the entire corporation. This corporation is ruining thousands of young peoples lives. These innocent individuals, including myself were tricked into thinking that ITT technical Institute would be an investment into our future. A quick education that would make our future secure. An education that would lead to great things and wonderful careers. However, these dreams by thousands of individuals were crushed by ITT's lies of: transferable credits, low payments and a valuable education. On top of it all, predatory lending by Sallie Mae was thrown in. Can you name any legitimate financial institution that would lend a 20 year with no prior credit history, $20,000 based on a $10/hr career at Wendys? I cannot! This is predatory lending! After graduating at this "Educational Institute" I was denied a entry level job in the field that I devoted 2 years of my life and a 3.85 GPA to. I was lucky enough to get another job at this place of employment based on my skills that I had acquired before I even entered the "Educational Institute". After 6 months from graduating with an Associates degree for a 2 year program I received payments from Sallie Mae that were over $600/mo. That is outrageous! Little did I know, I was tricked into these private loans that had interest rates as high as 16% at times!!!!! If I would have been told at registration(where I was basically forced to pay $150 to register, given a math test that my dog could excel in, and pressured to apply) that my loans would be >$600 you can imagine that I would have been out of the parking lot faster than you can say "Scam". However, they did no so such thing. They painted a beautiful picture of lovely dreams that would soon turn into my nightmares.After placing my loans into forbearance I decided that my Associates degree from this fine "Educational Institution" was going to get me no where and I gained no skills (3.85 GPA) I decided that I needed to choose a secure future that would give me an excellent job and better hope than ITT. I went to school at Central Pennsylvania College, part time-year round and graduated once again with honors in 4 years, with my Bachelors of Science in Accounting. Keep in mind that this was a y year accredited college which was only slightly more expensive than a 2 year "education" at ITT. Once I graduated with my bachelors, I decided I wanted to become further educated with my dual MSF/MBA which I am currently pursuing. While I was at a the 4 year school, Sallie Mae/ITT loans were in deferment. In September I received my bill for Sallie Mae where my payments were >$800/mo. My financial future was soon to be over. I would have to get another full-time job to pay this loan by itself with all my other expenses. All of this for an "education" that was worthless. Out of all the things I've done in my life, I never thought that I would have to suffer this much and pay so harshly for something that I was doing to better myself and become an educated citizen of America. The youth of America, is where the future of the country lies right? If it weren't for my parents helping me and putting a lien on their house to consolidate the astronomical loan from my ratty 2 year "education" I would be forced to default, forced to never have a house in the future, forced to possibly end up jobless due to poor credit.However, I am now luck enough to be the proud owner of a $64,000 loan (36,000 in interest alone) that will require $500/mo payments over the next 15 years of my life. I will not be able to move out from my parents house unless I can get a phenomenal job in the future with my post ITT education, and being 29..
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