It’s more expensive than most nonprofit schools. The credits may not be transferrable. There’s a high likelihood that you’re going to default on your loan. An accurate income statement is that, in the best cases, you’re probably going to make less than $30,000 per year. It’s going to cost you in the range of $44,000 to $88,000. And there’s a high dropout rate.
The CFPB complaint says that nearly two-thirds of ITT Tech students were expected to default on their loans as recently as May 2011.