Wow, I had always heard rumors that ITT Tech was a bit under par but check out this thread.
http://tcpmag.com/forums/forum_posts.asp?tid=1638&pn=1
I've met a few people who attended one of these places but they all dropped out and transferred to an accredited college. Unfortunately they told me that none of their credits were accepted at any school they applied. Life lesson learned I guess. Apparently they claim to be accredited, but not by the all mighty Higher Learning Commission of the North Central Association of Colleges and Schools. Therefore, they really aren't recognized by other colleges.
We interviewed a few grads of ITT but their skills were at such a basic level that we had to pass them by. We could of used them at the help desk, but that's a slap in the face to someone who applies for a network tech position. What a shame...