A former McKinsey executive...https://www.marketwatch.com/press-release/adtalem-global-education-appoints-michael-betz-as-president-of-walden-university-2022-05-23
Why didn't Adtalem keep those who were most loyal and who were giving their best all these years? They are the ones who should never have been laid off. Why did they cut the person from whom me and my colleagues learned the most about work when we... — read more
According to numerous Chamberlain University staff, a large number of CU staff were given notice of layoff on 2.11.22
ATGE: This Isn’t Just a COVID19 Problem; Reducing Estimates February 9th, 2022 ATGE management would like investors to believe that the company’s disastrous 2Q22 results and weak outlook for the remainder of the year are solely a function of the... — read more
The information in this Table is from 2014. Walden University students alone had $9.8 Billion in student loan debt. Can you imagine what the accumulated, unmanageable student loan debt is for Adtalem schools in... — read more
Chamberlain Univer$ity’s CEPH-accredited MPH degree program promote$ profe$$ional mobility and enhance$ employment opportunitie$ for graduates through: Eligibility for employment opportunitie$ in public health that are only available to graduate$ of... — read more
"The Federal Trade Commission this morning announced a new initiative to combat deceptive and unfair practices in the for-profit higher education industry. At a press conference, FTC Commissioner Rohit Chopra and Bureau of Consumer Protection... — read more
"In 1960, Theodore Schultz highlighted the importance of human capital for economic development among poor nations in his presidential address to the American Economic Association. “Human capital investing” soon became a priority among economic... — read more
"Despite the tremendous opportunity at the Company, we have serious concerns about the ability of the Board of Directors (the “Board”) and management team to realize the Company’s true potential, allocate capital appropriately, and capitalize on its... — read more
Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. Can you feel it?... — read more
Looks like the Walden deal will go through. Do "synergies" mean layoffs? https://seekingalpha.com/article/4423522-adtalem-global-education-inc-atge-ceo-lisa-wardell-on-q3-2021-results-earnings-call
What happened? https://seekingalpha.com/news/3677681-adtalem-global-education-cfo-resigns-interim-cfo-appointed
"Two investment firms, Engine Capital and Hawk Ridge Partners, wrote in an open letter dated Thursday that they were "severely disappointed" with the board's decision to purchase Walden, calling the college a 'substantially inferior asset.'"... — read more
Lots of CNAs want to be nurses, and make more money as soon as they can. After working at Adtalem, I know better. I talk them into going to community college, for 1/5 th the cost. Makes me feel good, because I'm ACTUALLY helping others, unlike... — read more
Adtalem will lay you off and pretend they care. Human Resources employees are corrupted especially the wicked witches Donna and Nancy. Karma will meet them one day, and don’t get me started on the two TA leaders they are inseparable and only promotes... — read more
This place doesn’t.
"Adtalem Global Education Inc. ..today announced that Mehul Patel is resigning from his position as group president, Financial Services... to pursue another opportunity outside the education industry. The Financial Services vertical will be led by... — read more
Heard the medical schools got hit. How many people were affected?
This company doesn’t stop and soon there will be more this year.
So nobody is going to talk about the RIF that went through IT in mid-November? Was it only in IT?
Bad news? Brazil losses or something else?
Adtalem Global offloads its Brazilian unit Adtalem Global Education (ATGE +1.1%) agrees to sell its Brazilian portfolio, Adtalem Educacional do Brasil, to YDUQS, for R$1.92B, equivalent to ~$465M IBMEC, Damásio and Wyden will retain and... — read more
Preying on working class people of color https://seekingalpha.com/pr/17628299-ross-university-school-medicine-partners-california-state-university-dominguez-hills-increase
Two years ago LW and her band couldn't hype Brazil enough, though some of us questioned the value sustainment with their economic and government problems. This week the news comes that ATGE is looking for a buyer of all the schools down in South... — read more
In a Gen Ed meeting last week instructors were told to stop grading writing assignments technically and to take a more "holistic" approach to grading. The last time I heard this from a college admin was right before Heald went under. The next step... — read more
Will this cut into Adtalem's bottom line in Brazil? https://seekingalpha.com/news/3479186-afya-announces-prices-ipo-19
Going even more global? Sounds like Adtalem is going the global route, like Laureate. https://seekingalpha.com/pr/17563235-acams-mim-create-certified-anti-money-laundering-training-partnership... — read more
Ross University School of Medicine is a bad bet for many. Student loan debt averages about $300K. How is that sustainable for the reputation of the school? https://studentaid.ed.gov/sa/sites/default/files/ross-university-school-medicine.pdf
Does Adtalem give kickbacks to US hospitals to get their students experience in the states? https://www.kevinmd.com/blog/2018/12/the-fight-to-save-howard-university-college-of-medicine.html
Nothing like taking advantage of a struggling HBCU. https://seekingalpha.com/pr/17556915-ross-university-school-medicine-dillard-university-partner-address-physician-diversity-u-s
In December 2018, the VA Office of Inspector General published report Report #16-00862-179, indicating that for-profit colleges received nearly $474 million in ill-gotten GI Bill money. Only three schools were listed, and one was DeVry. Will DeVry be... — read more