I guess it's gotten a lot worse from 20+ years ago. My ITT two year degree from 23 years ago is accredited, and employers at the time were very happy with graduates from the particular ITT I attended. At the time, they had a 100% placement rate for everyone who graduated and did not go on to further education (and that was my whole reason for going, as my 4 year engineering degree from a top 10 school got me and 70% of the graduating class na-da : and the rest broke down as 20% going on to grad school and 10% being the chem engineers getting hired to go work in Saudi Arabia). But that quality came from the local ITT staff, not the corporate level. I heard even back then that the quality of your education depended on which location you went to. And it was definitely a heck of a lot easier than my 4 year degree, but also one heck of a lot more practical (which makes sense given it was a degree for a technician working on circuit boards, etc, not an engineer designing parts or systems).