TCI College of Technology

Last updated
TCI College of Technology
Former names
Marconi Institute, RCA Institutes, Technical Career Institutes
TypeTwo-year Technical College
Active1909–2017
President George Santiago Jr. (2016–2017)
Provost Clotilde Dillon
Location
New York City
,
NY
,
USA

40°45′02″N73°59′45″W / 40.75047°N 73.99573°W / 40.75047; -73.99573
Website tcicollege.edu

Technical Career Institutes, also known as TCI College, was a private, for-profit college in New York City that offered two year associate degrees and certificates for education in technology, business, engineering, healthcare and other career paths. [1] [2] It was dually accredited from the New York State Board of Regents and by the Middle States Commission on Higher Education. [3] TCI's curricula offered training at the associate degree level taught by more than 190 faculty. [4]

Contents

History

The school was founded in 1909 by Guglielmo Marconi as the Marconi Institute. [5] By 1919 the school changed its name to RCA Institutes and then in 1974 it became Technical Career Institutes. [5]

In 2009–2010 TCI had a 24% graduation rate and a 34.9% loan default rate, earning it the title from USA Today news as a "red flag school". [6] It is not uncommon for for-profit colleges to have high rates of student loan default, which prompted a New York City Department of Consumer Affairs investigation in 2015. [7]

On December 31, 2012, TCI was brought under the corporate control of EVCI Career Colleges Holding Corporation. [8]

In May 2016, TCI named Dr. George Santiago, Jr. the president and CEO, he served until the schools closure in 2017. [9]

A 2017 research study "Mobility Report Cards: The Role of Colleges in Intergenerational Mobility" done by Equality of Opportunity project on income mobility rates for low-income students named TCI the fourth top college in the United States for mobility. [10] [11] However additional research studies will need to be completed in order to better understand how and why some schools are performing better than others. [10]

Closure

TCI's website states "On September 1, 2017, TCI College closed its doors". According to the New York State Department of Labor, Worker Adjustment and Retraining Notification (WARN) submission the close was based on economic factors. [12]

Notable people

Alumni

Faculty

Related Research Articles

Strayer University is a private for-profit university headquartered in Washington, D.C. It was founded in 1892 as Strayer's Business College and later became Strayer College, before being granted university status in 1998.

<span class="mw-page-title-main">Social mobility</span> Mobility to move social classes

Social mobility is the movement of individuals, families, households or other categories of people within or between social strata in a society. It is a change in social status relative to one's current social location within a given society. This movement occurs between layers or tiers in an open system of social stratification. Open stratification systems are those in which at least some value is given to achieved status characteristics in a society. The movement can be in a downward or upward direction. Markers for social mobility such as education and class, are used to predict, discuss and learn more about an individual or a group's mobility in society.

<span class="mw-page-title-main">Student loan</span> Type of loan for educational expenses

A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. This article highlights the differences of the student loan system in several major countries.

DeVry University is a privately owned for-profit university with its headquarters in Naperville, Illinois. It was founded in 1931 by Herman A. DeVry and is accredited by the Higher Learning Commission. DeVry is predominantly an online educator but does have campuses in the United States.

<span class="mw-page-title-main">ITT Technical Institute</span> Former for-profit technical institute

ITT Technical Institute was a private for-profit technical institute with its headquarters in Carmel, Indiana and many campuses throughout the United States. Founded in 1969 and growing to 130 campuses in 38 states of the United States, ITT Tech was one of the largest for-profit educators in the US before it closed in 2016.

<span class="mw-page-title-main">WyoTech</span>

WyoTech, formerly known as Wyoming Technical Institute, is a for-profit, technical college founded in Laramie, Wyoming in 1966. WyoTech provides 3 core programs and 6 specialty programs that prepare students for careers as technicians in the automotive and diesel industry.

<span class="mw-page-title-main">College tuition in the United States</span> Aspect of American higher education

College tuition in the United States is the cost of higher education collected by educational institutions in the United States, and paid by individuals. It does not include the tuition covered through general taxes or from other government funds, or that which is paid from university endowment funds or gifts. Tuition for college has increased as the value, quality, and quantity of education have increased. Many feel that increases in cost have not been accompanied by increases in quality, and that administrative costs are excessive. The value of a college education has become a topic of national debate in the U.S.

<span class="mw-page-title-main">Colorado Technical University</span> For-profit university in Colorado Springs, Colorado, US

Colorado Technical University (CTU) is a private for-profit university with its main campus in Colorado Springs, Colorado. Founded in 1965, CTU offers undergraduate, graduate, and doctoral degrees, primarily in business, management, and technology. About 92% of Colorado Tech's students are fully online. According to Colorado Tech, the university has conferred more than 118,000 degrees worldwide. Colorado Tech has no public or official affiliation with the State of Colorado and it is owned by the for-profit company Perdoceo Education Corporation, publicly traded on the NASDAQ under PRDO and formerly known as Career Education Corporation (CEC).

<span class="mw-page-title-main">Berkeley College</span> Private for-profit college in New York and New Jersey

Berkeley College is a private for-profit college with campuses in New York City, New Jersey, and online. It was founded in 1931 and offers undergraduate and graduate degrees and certificate programs. Berkeley College is accredited by the Middle States Commission on Higher Education. Its administrative headquarters are in Little Falls, New Jersey.

<span class="mw-page-title-main">Economic mobility</span> Ability to improve ones economic status

Economic mobility is the ability of an individual, family or some other group to improve their economic status—usually measured in income. Economic mobility is often measured by movement between income quintiles. Economic mobility may be considered a type of social mobility, which is often measured in change in income.

<span class="mw-page-title-main">Universal Technical Institute</span> American educational institution

Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges throughout the United States. The system offers specialized technical education programs under the banner of several brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (MMI), MIAT College of Technology (MIAT), and NASCAR Technical Institute (NTI).

<span class="mw-page-title-main">Vocational education in the United States</span>

Vocational education in the United States varies from state to state. Vocational schools or tech schools are post-secondary schools that teach the skills necessary to help students acquire jobs in specific industries. The majority of postsecondary career education is provided by proprietary (privately-owned) career institutions. About 30 percent of all credentials in teaching are provided by two-year community colleges, which also offer courses transferable to four-year universities. Other programs are offered through military teaching or government-operated adult education centers.

<span class="mw-page-title-main">Raj Chetty</span> American economist

Nadarajan "Raj" Chetty is an Indian-American economist and the William A. Ackman Professor of Public Economics at Harvard University. Some of Chetty's recent papers have studied equality of opportunity in the United States and the long-term impact of teachers on students' performance. Offered tenure at the age of 28, Chetty became one of the youngest tenured faculty in the history of Harvard's economics department. He is a recipient of the John Bates Clark Medal and a 2012 MacArthur Fellow. Currently, he is also an advisory editor of the Journal of Public Economics. In 2020, he was awarded the Infosys Prize in Economics, the highest monetary award recognizing achievements in science and research, in India.

Lincoln Tech is an American group of for-profit postsecondary vocational institutions headquartered in Parsippany, New Jersey. Each campus is owned and operated by Lincoln Educational Services Corporation, a provider of career-oriented post-secondary education.

<span class="mw-page-title-main">Fortis College</span>

Fortis College is a private for-profit college with multiple campuses throughout the United States. It was established in 2008 and is operated by Education Affiliates and owned by JLL Partners.

<span class="mw-page-title-main">Socioeconomic mobility in the United States</span> Social and economic class mobility

Socioeconomic mobility in the United States refers to the upward or downward movement of Americans from one social class or economic level to another, through job changes, inheritance, marriage, connections, tax changes, innovation, illegal activities, hard work, lobbying, luck, health changes or other factors.

Educational Credit Management Corporation (ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from taxpayers by collecting on defaulted student loans pursuant to the Higher Education Act. In return, the U.S. government has retrieved billions of dollars from student loan debtors. From 1994 to 2015, according to ECMC, they returned $4.3 billion to the U.S. Treasury.

Financial issues facing students in the United States include the rising cost of tuition, as well as ancillaries, such as room and board, textbook and coursework costs, personal expenses, and transportation.

For-profit colleges, also known as proprietary colleges, are post-secondary schools that rely on investors, and survive by making a profit. They include for-profit vocational and technical schools, career colleges, and predominantly online universities. For-profit colleges have frequently offered career-oriented curricula including culinary arts, business and technology, and health care. These institutions have a long history in the US, and grew rapidly from 1972 to 2009. The growth of for-profit education has been fueled by government funding as well as corporate investment, including private equity.

References

  1. ↑ "Technical Career Institutes in New York, NY". US News Education. Retrieved 2016-08-04.
  2. ↑ "Ex-Briarcliffe College prez gets technical at TCI - Innovate Long Island". Innovate Long Island. 2016-06-30. Retrieved 2017-03-03.
  3. ↑ "Accreditation". www.tcicollege.edu. Retrieved 2016-03-07.
  4. ↑ "Technical Career Institutes". College Navigator. Retrieved 2016-03-07.
  5. 1 2 "Technical Career Institutes Profile". Community College Review. Retrieved 2016-08-04.
  6. ↑ Marklein, Mary Beth (2013-07-02). "College default rates higher than grad rates". USA Today News. Retrieved 2016-08-04.
  7. ↑ Harris, Elizabeth A. (2015-04-02). "New York City Consumer Agency Investigating Four For-Profit Colleges". The New York Times. ISSN   0362-4331 . Retrieved 2016-08-04.
  8. ↑ Mckinney, Marie (2017-08-15). "Will EVCI CAREER COLLEGES (EVCI) Run Out of Steam Soon?". Weeklyhub.com. Retrieved 2017-09-06.
  9. ↑ "TCI College Of Technology Names Dr. George Santiago, jr. President and CEO". The Hispanic Outlook in Higher Education Magazine. 2016-06-30. Retrieved 2016-08-04.
  10. 1 2 Matthews, Dylan (2017-02-28). "These colleges are better than Harvard at making poor kids rich". Vox. Vox Media, Inc . Retrieved 2017-05-17.
  11. ↑ "Mobility Report Cards: The Role of Colleges in Intergenerational Mobility" (PDF). Equality of Opportunity project. 2017. Retrieved 2017-05-17.
  12. ↑ "Worker Adjustment and Retraining Notification (WARN)".
  13. ↑ "The Secret Cycle". The New Yorker. 5 October 2009. Retrieved 2017-09-08.
  14. ↑ "Iran Darroudi". Faramazi Gallery. Retrieved 2017-09-08.
  15. ↑ Leventhal, Ronald (Ronny Lee) ASCAP Biographical Dictionary (4th ed.). New York: R.R. Bowker Co. 1980. pp. 297–298. ISBN   0-8352-1283-1.
  16. ↑ "International Perspectives Presented at the Greater New York Conference on Behavioral Research". apa.org. Retrieved 2017-09-08.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.