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ITT Educational Services Inc. Message Board

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  • oxledge oxledge May 27, 2009 3:05 PM Flag



    are you fucking kidding with this comment...

    "My point on revenue recognition is over your head. When you can accept and book revenue for any idiot you allow in a classroom, regardless of due diligence and vetting as to financial ability to pay...that is suspect in this economic environment."

    This is such a ridiculous statement it almost is not worthy of reply. I am all ears. GO ahead, you explain in detail the issues regarding ESI's revenue recognition policies. I suppose you think that ESI should let people attend their schools for free as opposed to charge them for services rendered and book the revenue. You damn well know you frigging moron that if ESI students choose to drop out, they do not get charged for future semesters. If they drop out very early in a semester, student loan proceeds get refunded to the bank that loaned the money. As to financial ability to pay? I agree. We should not allow anyone to attend school that does not have enough money to pay for tuition out of their existing savings. There is no need to lend money to anyone that wants to advance their education and improve their lot in life if they do not have the money to pay in full for that education up front. We are going to put you in charge of the government agency that decides who these people are that should not get student loans because they are too poor right now to pay in full for education. You are probably from the South where you implemented similar policies in the 1950's and 1960's to keep black people out of state run universities and public high schools. I think we should do the same in the housing market also. Why do we bother lending a majority of the purchase price of homes to people when it is rarely totally certain that they will be able to pay back those mortgages, regardless of their current financial position or jobs? We will put you in charge of that government agency also.

    you post reveals you as the bigot and racist that you really are. you are a total fucking idiot.

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