According to numerous Chamberlain University staff, a large number of CU staff were given notice of layoff on 2.11.22
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
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
Earnings Call...
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
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?
Adtalem and HBCUs
https://www.marketwatch.com/press-release/adtalem-global-education-brought-together-nations-nurse-and-hbcu-leaders-and-policymakers-for-advancing-equity-in-healthcare-a-nursing-summit-2022-05-12
Lawsuit Charges For-Profit University Preyed on Black and Female Students
https://www.nytimes.com/2022/04/08/us/politics/walden-university-lawsuit.html
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
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
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
Adtalem announces CEO transition
https://seekingalpha.com/news/3724834-adtalem-announces-ceo-transition-reaffirms-fy21-guidance-explores-strategic-alternatives-for-financial-service-segment
Debt Sentence
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
Synergies?
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
CFO Resigns
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
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
Adtalem acquires Walden University
https://www.marketwatch.com/press-release/laureate-education-to-sell-walden-university-to-adtalem-global-education-2020-09-11?tesla=y
For-Profit Nursing Graduates More Likely to Fail Licensure Test
"A study published by researchers at George Washington University's Milken Institute School of Public Health found that graduates from for-profit nursing programs were more likely to fail the National Council Licensure Examination on the first try... — read more
Another layoff
This place doesn’t.
More layoffs
This company doesn’t stop and soon there will be more this year.
Rob Paul bites the proverbial dust!
When the Sept 12th DeVry Town Hall was canceled last week I thought there was a foul smell. That turned into the "sacrifice" that Rob Paul and his marketing director supposedly made earlier today ... or whenever. Three years and nothing but a... — read more
What's it like working at Chamberlain?
I just came across this site and after reading through some Glassdoor reviews, figured I'd ask here. I'm currently employed, but looking to move and saw an advisor position at Chamberlain. I was curious on a few things. 1) How's working with... — read more
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?
Adtalem Selling Off Brazil
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
Ross University students condemned to debt
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
Ross University School of Medicine Partners with California State University, Dominguez Hills to Increase Physician Diversity
Preying on working class people of color https://seekingalpha.com/pr/17628299-ross-university-school-medicine-partners-california-state-university-dominguez-hills-increase
It's Coming
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
Chamberlain and Dillard.
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
Some things never change
TEACH summit in Puerto Rico. I remember when these were called PRIDE. Some things change, some things don't divesting from DVU and Carrington certainly make these easier to justify. Great parties for sure.
How to explain Chamberlain's enrollment growth?
I'm working on a nursing program project and came across this site. I thought with the nursing shortages all programs should be doing well, but then I read an article about Chamberlain and it noted that the last four new student enrollment growth... — read more
Remind me not to get sick in Miami
Ross University School of Medicine (RUSM) announced an increased educational partnership with Cleveland Clinic Florida https://seekingalpha.com/pr/17351656-ross-university-school-medicine-expands-partnership-cleveland-clinic-florida
The so-called turnaround...
Adtalem is going to make some tough decisions, probably the wrong ones. That's what happens when you get a car salesperson to operate a university system... — read more
Regarding Adtalem's sale of Carrington
Does anyone know what this means for current employees? Will there be more lay offs? Carrington is still a sinking ship with new un-successful attempts at saving it implemented daily.. Just wondering the same thing, and hoping having this on top will... — read more
Adtalem sells Carrington to San Joaquin Valley College
"Adtalem Global Education today announced that it has signed an agreement to transfer ownership of Carrington College to San Joaquin Valley College, Inc."... — read more
What's to come for Adtalem employees?
Everyone is talking about what will happen with Devry colleagues, but has anyone heard anything about what will happen with adtalem colleagues after the devry sale? What changes are in store for us in the coming months?
Word on the Street
Word on the street has Adtalem selling Carrington to IEC (UEI Colleges). Any truth to that?
Thought-provoking article on the DVU "transfer" and a lot of strange circumstances surrounding it
I don't know how Camden missed this! Titled "The Mysterious Deal to Take DeVry University Private," this article raises a number of questions that have been asked, and never answered, internal to DVU/ATGE - and point out some circumstances that... — read more
DeVry Lawsuits
If DeVry gets sued for acts in committed as part of Adtalem, who will be liable? Looks to me that DeVry is still using false and misleading information.
Which DeVry Campuses Will Close Next?
Which DeVry campuses will close next? https://www.linkedin.com/pulse/devry-headed-wrong-direction-dahn-shaulis/?trackingId=WMxA3wQ1R8ud%2Be%2BP4U%2BiWQ%3D%3D