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Corinthian Colleges Inc. Layoffs

Messages relating to layoffs at Corinthian Colleges Inc. are presented below the company info.

Corinthian Colleges Inc.

Company information:

Industry/Area of Activity:
Specialty Retailers & Services
Company Stock Ticker:
COCO
Stock traded at:
NASDAQ
Industry Code:
5377
Related companies:
ECMC | University of Phoenix | Heald College | ITT Educational Services Inc. | DeVry Inc. | Education Management Corporation | Bridgepoint Education

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Posts regarding layoffs at Corinthian Colleges Inc.

Go to thread Anonymous72470, Monday 03/02/15 22:54:45 UTC

Someone on here compared the university of North Carolina to Everest. Wow.......The Kool aid is stronger than ever. So sad.....

Reply to this post | This thread: 93 views | 7 replies
Go to thread Anonymous72373, Monday 03/02/15 15:49:22 UTC

Beginning of the end. Hopefully!

Several of LG's DOAs refuse to talk to her after her rambling, nonsensical calls and rude degrading behavior. Looks like the writing is on the wall. Bu-bye.
Reply to this post | This thread: 350 views | 5 replies
Go to thread Anonymous72355, Monday 03/02/15 14:39:45 UTC

New Email Address

Did you really put .org instead of .edu? Way to go Dumb Ass! Do we look like a school now?
Reply to this post | This thread: 283 views | 8 replies
Go to thread Anonymous72243 (California), Sunday 03/01/15 22:00:55 UTC

$100 million in debt due this month?

Does anyone know how CCi is planning to pay the $100 million in debt maturing this month that the WSJ is referencing? http://www.wsj.com/articles/corinthians-heald-schools-wont-get-california-student-aid-until-april-1424471669?mod=WSJ_hpp_MIDDLENexttoWhatsNewsThird
Reply to this post | This thread: 467 views | 9 replies
Go to thread Anonymous72204, Sunday 03/01/15 18:35:34 UTC

Camden Kid

Are you posting on the University of North Carolina given their acknowledged falsifying of grades and attendance? You must be appalled by this school. Why aren't you screaming and carrying on?
Reply to this post | This thread: 189 views | 8 replies
Go to thread Camden Kid (@USinjustice, dahnshaulis@gmail.com), Sunday 03/01/15 00:54:40 UTC

It wasn't Obama (Everest Avengers/Corinthian15)

It was the students that Corinthian Colleges lied to who revolted. Let's see how many racist, sexist, and classist responses I get from this post.......https://www.facebook.com/groups/everestavengers/?ref=br_tf
Reply to this post | This thread: 351 views | 21 replies
Go to thread Anonymous72082, Sunday 03/01/15 00:26:01 UTC

who's this guy who runs the call center he's never there and when he is he stays in his office and dose nothing such a waste of space

Reply to this post | This thread: 247 views | 3 replies
Go to thread Anonymous72069, Saturday 02/28/15 23:28:24 UTC

Can someone please tell me why I continue to waste my time on this board!?

Even after leaving on "my own terms". It's your fault that I keep coming back here. If you all stop posting then I won't have any need to waste my time here. So, in order to help me stop wasting my time, everyone stop posting on here!
Reply to this post | This thread: 123 views | 6 replies
Go to thread Anonymous72037, Saturday 02/28/15 21:34:31 UTC

For those who think students are going to for profit colleges to get paid

At most cci schools students don't see a penny the financial aid money. The programs exceed the maximum aid a student can get so they need to take out private loans as well. Again most everest and wyotech students don't get a penny in their pocket. Please know that before you speak.
Reply to this post | This thread: 195 views | 12 replies
Go to thread Hit Me With Your Best Shot, Saturday 02/28/15 18:31:07 UTC

The Inside Story Of How A For-Profit College Hoodwinked Students And Got Away With It

After car accidents and back surgery left her unable to work in 2000, Patricia Ann Bowers decided to make productive use of her new, medically-imposed free time. “I decided that, being disabled, I should go for my dream of having my college degree in marketing,” Bowers said. Bowers, now 54, had worked in marketing for Piper Aircraft in Florida for six years before the accidents. At first the marketing degree “was just a thought in my mind,” but then she saw some TV commercials for Everest College and started to wonder if online classes could be the path she needed. “Just out of curiosity I called them up. I really didn’t expect anything to happen from the phone call,” Bowers told ThinkProgress, but the school kept calling for weeks. “They told me they could accomodate me, that I had enough funding.” And Everest — a brand belonging to for-profit education giant Corinthian Colleges — was quite accommodating indeed, at least at the start. She started working on her Associates’ Degree in 2011, and had moved on to Bachelor’s classes starting in 2013. On Father’s Day, 2013, Bowers’ youngest son killed himself. He was just 34. In the months that followed, Everest’s accommodating attitude evaporated. “I tried to get a leave of absence,” she said, but “they made me keep my participation up to keep from getting kicked out of school.” Everest has no leave-of-absence policy, everyone told her, so she’d just have to stick it out. “Everyone including my professors encouraged me to stay in school, but this is my child we’re talking about,” she said. “They’re telling me, he wouldn’t want you to let your school go, making me feel like I’d be letting my son down if I grieved for him, that my education was more important than losing my child.” Staff swore Bowers would be able to retake the classes at no additional cost if she failed them, and insisted she’d be better off educationally and financially if she pushed through and scored all Fs than if she got booted from the semester. But none of that proved true. (Corinthian made) me feel like I’d be letting my son down if I grieved for him, that my education was more important than losing my child. Retaking the classes that fall racked up more debt. She estimated she owes a total of $57,000 to the federal government for the loans that padded Corinthian’s bottom line, though she was never able to complete her Bachelor’s Degree or begin the Master’s she’d always wanted. Today, the company is folding. Bowers is deep in debt and unable to complete her education at another school because Everest swallowed up six years’ worth of her college funding in just three years. And the federal government is helping ensure that Corinthian’s campuses get transitioned into a new brand of non-traditional colleges rather than letting the company collapse, which would help people like Bowers get out from under their debts. The experience has left Bowers so deeply discouraged with the entire system of higher education financing in the country that she’s joining a radical, risky new attempt to force changes. On Monday, Bowers and 14 other Corinthian students launched a debt strike, informing the Department of Education (DOE) that they have no intention of repaying the debts incurred through their tortuous Corinthian experiences. The “Corinthian 15” hope to convince many thousands more students buried in educational debt to band together and refuse to pay, triggering a broad reevaluation of how America finances higher education. Organizers from activist group The Debt Collective are helping to coordinate the strike and provide legal counsel to the strikers. But this isn’t a conflict between students and a private company, or not merely that. It’s also a battle between the Corinthian 15 and the federal government. The strikers are not just fighting back against the company that buried them in debt, but against the government that is enforcing those debts. And beyond whatever ethical interest the public might have in these stories, we also have a financial one: the for-profit industry relies almost entirely on taxpayer money in the form of federal student loans. Students and radical debt activists want DOE to flat-out cancel the life-ruining debts that both current and former Corinthian customers carry. They haven’t yet gotten a toe-hold with the feds — these debts must still be repaid, under the terms of a DOE-facilitated deal to sell Corinthian campuses to a debt collections company that will be making its first ever attempt to actually provide classroom education — but they’ve also only just begun to fight.http://thinkprogress.org/economy/2015/02/28/3628028/whats-the-deal-with-government-helping-corinthian/
Reply to this post | This thread: 212 views | 10 replies
Go to thread Anonymous71966, Saturday 02/28/15 16:20:38 UTC

The root cause is not Everest as being a bad school

This school, along with all the for profit schools are filling a perceived need, they are all rip-offs. The problem is much bigger and its the liberal government view that everyone should go to college. Clearly when you deal with these students, most should never go to college and are just ripping off the system to live on it. I suspect the increase in sending so many losers to for profit schools is really a wealth distribution by the administration and the purpose is to keep the unemployment numbers down (students don't count), distribute my wealth to the lazy and useless folks who suck from society's teat, and feed the liberals insatiable need to feel good by screwing hard working folks. Lets face it, few of the so called graduates will ever do better, they will go back to welfare once the education teat runs dry. Those that do better, would have anyway and didn't need to waste their money here, but it gave them confidence and that was good. The problem is LIBERALS, not for profit schools, who are just filling a government desire. Albeit getting rich on my dime! We need to realize there are dumb people in the world and no amount of education will help them, teach them a trade. And to the A-Hole who will surely comment, yes I posted this twice, It seems to overlooked as everyone bashes Everest.
Reply to this post | This thread: 158 views | 7 replies
Go to thread Anonymous71916, Saturday 02/28/15 10:09:33 UTC

Interesting

Nobody on here can just admit that they are in the business of ripping off people. When someone says how bad the education and sales tactics are at CCI/Zenith all the comebacks are saying "how's living with mom" or "sorry your job less" but yet nobody will defend the schools education practices. Would be refreshing to hear an Ad Rep on here just say the truth, this is a phony overpriced product disguised as a higher learning institution. P.S. I am happily employed and a happy owner of 2 properties. Things have only been better since I left CCI (yes left on my own) but I still check in to view this site periodically for the amazing stories of corruption. Best wishes to you all.
Reply to this post | This thread: 103 views | 3 replies
Go to thread Anonymous71866, Saturday 02/28/15 04:22:11 UTC

Corinthian's Response, Purchased by ECMC and Purveyed to this Day by Zenith

In a statement, Corinthian said Everest “has a strong record of offering students a quality education and treating their students honestly and fairly.”
Reply to this post | This thread: 105 views | 2 replies
Go to thread Anonymous71863, Saturday 02/28/15 04:17:10 UTC

Count IV

CORINTHIAN’S DEBT COLLECTION PRACTICES VIOLATED SECTION 805 OF THE FDCPA
Reply to this post | This thread: 7 views | No replies yet
Go to thread Anonymous71862, Saturday 02/28/15 04:16:23 UTC

Count III

CORINTHIAN’S DEBT COLLECTION PRACTICES VIOLATED SECTION 806 OF THE FDCPA
Reply to this post | This thread: 5 views | No replies yet
Go to thread Anonymous71861, Saturday 02/28/15 04:15:23 UTC

Count II

CORINTHIAN’S DEBT COLLECTION PRACTICES VIOLATED THE CFPA’S PROHIBITION OF UNFAIR PRACTICES
Reply to this post | This thread: 53 views | 1 reply
Go to thread Anonymous71859, Saturday 02/28/15 04:13:38 UTC

Count I

CORINTHIAN’S REPRESENTATIONS AND OMISSIONS REGARDING PROSPECTIVE STUDENTS’ CAREER OPPORTUNITIES VIOLATED THE CFPA’S PROHIBITION OF DECEPTIVE PRACTICES
Reply to this post | This thread: 6 views | No replies yet
Go to thread Anonymous71858, Saturday 02/28/15 04:12:37 UTC

Complaint for Permanent Injunction and Permanent Relief

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION CONSUMER FINANCIAL PROTECTION BUREAU, Plaintiff, v. CORINTHIAN COLLEGES, INC. d/b/a Everest College, Everest Institute, Everest University, Everest University Online, Everest College Phoenix, Everest College Online, WyoTech, and Heald College, Defendant. ) ) ) ) Case No. 14-7194
Reply to this post | This thread: 186 views | 3 replies
Go to thread Anonymous71823, Saturday 02/28/15 00:10:56 UTC

Why are they still running commercials for Everest?

Reply to this post | This thread: 159 views | 3 replies
Go to thread Anonymous71770, Friday 02/27/15 20:20:24 UTC

Option 3?

Why is it that you all believe there is an option 3 when the options were sell or close? What are you hoping for? The sale will not happen.
Reply to this post | This thread: 9 views | No replies yet
Go to thread Anonymous71769, Friday 02/27/15 20:17:56 UTC

Those of you who work for Corinthian, where you surprised by Canada shutting down the campuses? Or was this part of the plan all along?

Will you be surprised when California goes under as well?
Reply to this post | This thread: 70 views | 1 reply
Go to thread Anonymous71737, Friday 02/27/15 19:30:45 UTC

What do you think about Strayer University?

An ex CCI person here, I was laid off in 2013, changed careers completely. I am thinking about shorting their stock and wanted to see what your opinions about the school are? They doubled in price last year and it so does not make sense for me. Any thoughts?
Reply to this post | This thread: 163 views | 5 replies
Go to thread Federal Student Loan Program: A Bipartisan History Lesson (Elizabeth Warren's Worst Nightmare), Friday 02/27/15 19:07:28 UTC

1958 to Present: Follow the Money

Federal Student Loan Program Timeline 1958 First federal student loan program established by the National Defense Education Act. Loans are direct loans capitalized by U.S. Treasury funds. 1965 Government established new student loan program provided through loan guarantees. 1990 Federal Credit Reform Act adopted. Requires subsidy estimates for all federal loans, guaranteed and direct. 1992 Direct lending pilot program created 1993 Legislation passed to phase in direct lending. 1994 Department of Education barred from encouraging or requiring colleges to switch to Direct Loans. As a result, Direct Loans' share of new student loans begins decreasing. 2007 Direct Loans hit lowest share of all new student loans since the second year of the program 2008 Credit market disruptions cause schools to switch to Direct Loans, and Direct Loan volume as a share of federal student loan volume increases. 2009 President Obama proposes eliminating the FFEL program. All federal student loans would be made as Direct Loans. 2010 Legislation enacted eliminating the FFEL program. All new federal student loans as of July 2010 have been made as Direct Loans.
Reply to this post | This thread: 76 views | 5 replies
Go to thread Anonymous71700, Friday 02/27/15 17:50:14 UTC

So sad TELL THEM! Otherwise you are the criminal and I hope you choke on that paycheck! How do you sleep at night? Karma's coming, watch out!

Reply to this post | This thread: 250 views | 7 replies
Go to thread Camden Kid (@USinjustice, dahnshaulis@gmail.com), Friday 02/27/15 14:52:17 UTC

Senator Warren Confirms Corinthian Colleges/DOE Scandal

The US Department of Education “undertook an elaborate plan to use federal funds to bail out the for-profit college chain Corinthian Colleges, Inc. and deprive students” of this option." This option meaning the discharge of the debt.........http://www.warren.senate.gov/files/documents/2015_25_02_Letter_to_Secretary_Duncan_re_Student_Loan_Profits.pdf
Reply to this post | This thread: 353 views | 12 replies
Go to thread Anonymous71560, Friday 02/27/15 06:44:14 UTC

What's this online ministry ad I see here?

Is this a legitimate opportunity? Do they offer financial aid?
Reply to this post | This thread: 83 views | 2 replies
Go to thread Anonymous71494, Friday 02/27/15 02:45:22 UTC

New Students (so sad)

There are a lot of new students on campus tonight. So sad. I want to tell them all to get out while they still can. It is so unethical to give them false hope regarding their futures. They have no idea what they are getting into. The school only wants their enrollment money. They do not care about these students. It is a sad night in California.
Reply to this post | This thread: 444 views | 13 replies
Go to thread Anonymous71489, Friday 02/27/15 02:32:06 UTC

New Students (so sad)

There are a lot of new students on campus tonight. So sad. I want to tell them all to get out while they still can. It is so unethical to give them false hope regarding their futures. They have no idea what they are getting into. The school only wants their enrollment money. They do not care about these students. It is a sad night in California.
Reply to this post | This thread: 36 views | No replies yet
Go to thread Anonymous71481, Friday 02/27/15 01:59:16 UTC

Tampa Online - how's it shaking?

Reply to this post | This thread: 21 views | No replies yet
Go to thread Anonymous71436, Thursday 02/26/15 23:52:10 UTC

How's Zenith working for everyone:)

What a S$&@ HOLE
Reply to this post | This thread: 334 views | 8 replies
Go to thread Anonymous71417 (Everest Canada), Thursday 02/26/15 23:13:45 UTC

The TRUTH on why the Canadian Division shut down.

Appreciating that long winded posts are tedious and annoying, I will keep this short. The Ministry of Education suspended the Everest Canada license on Thursday of last week because Corinthian was going to declare bankruptcy on Friday. Simple…but here’s why. If Corinthian declared bankruptcy prior the Ministry suspending the license to operate, the students would have no recourse for a refund and they would have become an unsecured creditor. In Canada, there’s a fund called the TCAF where Everest Canada had to secure a certain amount of funds to ‘protect’ the students. In February, the amount in the TCAF fund was $3 million. Therefore, if Corinthian declared bankruptcy prior to the suspension of its licence, they would have ‘stolen’ the $3 million from the students and they (the students) couldn’t access the funds for a refund or transfer the funds to another college to complete their program. In the end, the Ministry of Education did what was right for the student. Where in the CCI Pillars is the value of stealing from students?
Reply to this post | This thread: 303 views | 7 replies
Go to thread Anonymous71397, Thursday 02/26/15 22:04:53 UTC

Be part of the solution

mlanouette@ecmc.org mike.lanouette@zenith.org
Reply to this post | This thread: 196 views | 4 replies
Go to thread Anonymous71331, Thursday 02/26/15 18:49:48 UTC

Reality Check

I am a part time instructor. Like many other part time faculty, I teach at other colleges as well. I have stayed on this far with CCI because I do have a sincere desire to help students learn both the subject matter and from the experiences of others. It goes without saying, folks, if you haven't secured other employment now is the time to do so. It is sad to see so many fellow staff still intoxicated on the company kool aid and in denial. Good luck to everyone, best wishes.
Reply to this post | This thread: 191 views | 2 replies
Go to thread Anonymous71296, Thursday 02/26/15 17:14:08 UTC

Graduating Students (This term)

There has been no talk about our graduation ceremony that is supposed to be April 10th. Will there still be a ceremony? What about caps and gowns? Shouldn't those things already be ordered? Do we even have a chance of graduating? Are they hiding this from us?
Reply to this post | This thread: 238 views | 10 replies
Go to thread Anonymous71282, Thursday 02/26/15 16:42:02 UTC

Stipend Junkies Anonymous

My name is LaTonya and I'm a taxpayer money junkie. I've been 12 months clean but only because they cut me off. Once I get the old money forgiven, though, I can start all over getting my stipend checks and living large! I consider myself a victim of society. Sure, most people manage to support themselves through hard work or whatnot, but I'm just too stupid and lazy to get a job. That can't be MY fault! Maybe my teacher's didn't try hard enough to edutain me or something. Yeah, that's probably it. Anyways, now I'm all you alls problem. Work extra hard, cuz I sure won't be!
Reply to this post | This thread: 286 views | 15 replies
Go to thread So glad (Admin), Thursday 02/26/15 15:33:21 UTC

I'm so glad I got the hell out of that shit hole of a company and school. Life is so much better and it can be the same for you too!!

Reply to this post | This thread: 10 views | No replies yet
Go to thread So glad (Admin), Thursday 02/26/15 15:33:19 UTC

I'm so glad I got the hell out of that shit hole of a company and school. Life is so much better and it can be the same for you too!!

Reply to this post | This thread: 9 views | No replies yet
Go to thread Anonymous71244, Thursday 02/26/15 15:00:59 UTC

To those of you defending the "Corinthian 15"

Don't get your hopes up that they are going to be successful in getting their massive debts "forgiven" (ie paid off by the rest of us). You want an America that most of us will not let happen. It's not the 99% against the 1%, no matter how much you keep repeating that to yourself. You're just going to get more and more frustrated when you realize that even a lot of us well-educated 30-somethings have no intention of supporting those who have no intention of being productive and accountable for their own choices. We don't consider them to be victims. We consider them to be predators. We're not crazy, redneck, Southern tea-partiers. We're smart, conscientious Americans who have been paying attention, and we've about had it with the victim culture.
Reply to this post | This thread: 358 views | 23 replies
Go to thread Anonymous71235, Thursday 02/26/15 14:31:57 UTC

Zenith is watching this site and afraid of the truth

They post stupid stuff on BOA when they don't like subject. Either Heidi or Josh at direction Hawn
Reply to this post | This thread: 168 views | 6 replies
Go to thread Anonymous71234, Thursday 02/26/15 14:31:40 UTC

This week's funny!

Calling yourself informed and proving you are not within the same post.
Reply to this post | This thread: 7 views | No replies yet

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