That is great information.. I am from Carmel, Indiana home of the ITT corporate head quarters .
Earlier this year, I was playing poker and a friend of mine I play poker with told me this might be a good opportunity. I will look more into this and I appreciate your comments . Have a great weekend!
I haven't follows this stock for a while. I was hoping you guys would read this and give me your opinion.
On this board is it still most peoples main concern still that the federal funding will be cut off? Because Itt Federal Funding default rate is 18.5% compared to Indiana the private collages has a default rate of 15% & for profit state collages has a default rate of 22%. They are pretty much in the middle and can probably improve there numbers by cutting out the programs they offer that have a higher default rate. I would think that federal funding would have to continue, since they have improved there deceptive practices.
Why is everyone still afraid here, This company has cash, new investors and with the high probably of the democrats winning the presidency, public funding should continue.
Please let me know if I am missing anything other than the obvious that nearly all US collages would go out of business if they were not supported by US funding for collages