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"Last year, it enrolled 45,000 students and reported $850 million in revenue". That's about $19k/year/student. Just to put that in perspective, a 10 day Cisco

"Last year, it enrolled 45,000 students and reported $850 million in revenue". That's about $19k/year/student. Just to put that in perspective, a 10 day Cisco Network Engineering course from Unitek in the Bay area (last time I took one, great school, at least in network engineering) costs $8,200. The issue isn't the cost, honestly, $19k/year isn't that expensive, the issue is whether they are delivering value for money.

whyenot 10y ago
Something doesn't match up with those numbers. Tuition at ITT starts at about $45k/yr. http://programinfo.itt-tech.edu/cost.pdf http://programinfo.itt-tech.edu/cost.pdf
ryuker16 10y ago
Those courses are paid by your company as training or to accqure some cert to obtain a contract.....its not priced accurately nor intended for guys on the street.
- ghshephard 10y ago
  Not sure what you mean when you say, "Not priced accurately" - I looked around, and pretty much all the schools charge around the same price, if you want to be sitting in a lab with other students for 10 hours a day for 10 days with a best-of-class instructor. Lots of room for competition if someone thinks they can do it more cheaply, but the instructors are very expensive (they are the best in the business - and if you aren't happy with them, you walk out and demand a full refund at that kind of price). We definitely had students in the room who had paid out of their own pocket for the course. I've taken these courses both through work, and independently, paying myself. I would much rather give someone $8500 and 10 days later come out with some highly relevant, actionable knowledge then spend a year (or two!) of my time getting some "credential" - there is a pretty big opportunity cost to my time.
  - ghshephard 10y ago
    Also - put another way, not even including the cost of facilities, and equipment - I'm paying $8500 for 100 hours of instructor time. $85/hr (admittedly shared with a small group of other students) of a world class education, where every single second is optimized. Seems reasonable to me.

whyenot 10y ago

Something doesn't match up with those numbers. Tuition at ITT starts at about $45k/yr. http://programinfo.itt-tech.edu/cost.pdf http://programinfo.itt-tech.edu/cost.pdf

ryuker16 10y ago

Those courses are paid by your company as training or to accqure some cert to obtain a contract.....its not priced accurately nor intended for guys on the street.

ghshephard 10y ago
Not sure what you mean when you say, "Not priced accurately" - I looked around, and pretty much all the schools charge around the same price, if you want to be sitting in a lab with other students for 10 hours a day for 10 days with a best-of-class instructor. Lots of room for competition if someone thinks they can do it more cheaply, but the instructors are very expensive (they are the best in the business - and if you aren't happy with them, you walk out and demand a full refund at that kind of price). We definitely had students in the room who had paid out of their own pocket for the course. I've taken these courses both through work, and independently, paying myself. I would much rather give someone $8500 and 10 days later come out with some highly relevant, actionable knowledge then spend a year (or two!) of my time getting some "credential" - there is a pretty big opportunity cost to my time.
- ghshephard 10y ago
  Also - put another way, not even including the cost of facilities, and equipment - I'm paying $8500 for 100 hours of instructor time. $85/hr (admittedly shared with a small group of other students) of a world class education, where every single second is optimized. Seems reasonable to me.