As of January 2023, there are more than ¾ of a million Borrower Defense claims against schools. And each month, about 16,000 new claims are added. Those claims are disproportionately made against a number of for-profit colleges and formerly... — read more
People's Rally for Student Debt Cancellation to be held outside Supreme Court, February 28, 2023
Less Revenues, Greater Profit
"The consensus EPS Estimate is $0.88 (+17.3% Y/Y) and the consensus Revenue Estimate is $355.14M (-4.3% Y/Y)." https://seekingalpha.com/news/3930628-adtalem-global-education-q2-2023-earnings-preview
Adtalem CEO Fireside Chat
SB, president and chief executive officer of Adtalem, will take part in a fireside chat with analysts and investors at BMO’s 2022 Growth & ESG... — read more
Thursday, Nov. 3, 2022, at 4 p.m. CDT (5 p.m. EDT). https://seekingalpha.com/pr/18985301-adtalem-global-education-announces-fiscal-first-quarter-2023-conference-call
More subprime students?
Stratford University is encouraging students to transfer to Chamberlain. https://www.thelayoff.com/stratford-university
Some angry reviews about Chamberlain University School of Nursing
Is Chamberlain really washing people out just before the NCLEX? If so, on what kind of scale are we talking about?
"Soul Machines Partners with Adtalem Global Education to Launch Digital Person that Reimagines the Future of Health Care Career Development"
"Soul Machines, the groundbreaking company pioneering the creation of autonomously animated Digital People, has partnered with Adtalem Global Education, a leading health care education company, to launch Linda, a Digital Person that reimagines health... — read more
Help for consumers misled by Walden, Ross U, AUC, Chamberlain, and other Adtalem schools.
The Sweet v Cardona group helps consumers get debt relief after they have been misled. Please pass this on to all the people you hurt. It may assuage your subconscious guilt. https://www.facebook.com/groups/801761750635952/about/
AUC and RUSM team up with SCUH
Imagine the studentvdebt accrued ...https://www.marketwatch.com/press-release/adtalem-global-education-medical-schools-partner-with-southern-california-university-to-expand-pipeline-of-physicians-2022-08-10
Sweet v. Cardona
Lawsuit includes AUC, Chamberlain, RUSM, RUVM https://predatorystudentlending.org/cases/sweet-v-devos/
Why? Really, Why?
Why are Adtalem (ATGE) shares doing so well? How is ATGE making money with these subprime schools? Chamberlain, Walden, AUC, RUSM, RUSVM. The student debt must be enormous--especially with some students paying 12 percent interest on the private... — read more
New Board Member
New Walden President
A former McKinsey executive...https://www.marketwatch.com/press-release/adtalem-global-education-appoints-michael-betz-as-president-of-walden-university-2022-05-23
Adtalem and HBCUs
Lawsuit Charges For-Profit University Preyed on Black and Female Students
The target were obviously the most loyal and hardest workers
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
Adtalem Layoffs at Chamberlain University 2.11.22
According to numerous Chamberlain University staff, a large number of CU staff were given notice of layoff on 2.11.22
Doesn't sound good...
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
Unmanageable student loan debt
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’$ Ma$ter of Public Health Degree Program Receive$ Accreditation from Council on Education for Public Health
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
The Tragedy of Human Capital Theory in Higher Education
"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
Adtalem announces CEO transition
Caribbean Medical Schools Failing Their Students
Definitely not a love letter
"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
"Activist investors urge Adtalem to pull plug on Walden U purchase"
"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
I love telling nurrse students not to go to Chamberlain!
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
The College Dream is Over
Adtalem acquires Walden University
Human Resources Corrupt
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.
Financial Services President resigning
"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
Med schools layoffs
Heard the medical schools got hit. How many people were affected?
This company doesn’t stop and soon there will be more this year.
No chatter about the November IT RIF?
So nobody is going to talk about the RIF that went through IT in mid-November? Was it only in IT?