Rasmussen continues to drag down... — read more
Share price is plummeting...
Price per share down to $4.43. Earnings call in November.
Former CAO at Post is new Provost
https://www.prnewswire.com/news-releases/american-public-university-system-names-dr-elizabeth-johnson-as-new-provost-301846903.html
Rasmussen NCLEX Pass Rates
https://www.rasmussen.edu/degrees/nursing/professional-nursing/program-outcomes-course-sequence/
Not good.
https://seekingalpha.com/news/3947728-american-public-education-stock-slides-over-45-after-earnings-miss
Layoffs or Discrimination?
Is anyone safe? American Military University/American Public University APUS and Veterans ...... "Army veteran says W.Va.-based university discriminated against... — read more
American Public University touched by layoffs, staff cuts
Facing a national trend of lower enrollments in higher education, American Public Education Inc., the parent corporation of American Public University System in Charles Town, has laid off 98 administrative employees and eliminated 78 other open staff... — read more
APUS continues to lose money...
Doesn't look like the Rasmussen deal was that great... https://seekingalpha.com/pr/19011892-american-public-education-reports-third-quarter-2022-results
Layoffs
People were laid off from the technology and IT space. The provost declared he is leaving before that, not clear if those are connected.
APUS issues guidance to quell investors
Just enough information to shareholders to stop the long slide. But what does it look like on the ground? APEI shares are down 64 percent over the last year. ... — read more
RIFS at Rasmussen
This quarter, to save $2.5-$3.5 million.
Controversial Transfer Agreement Ends
Well, that went well.... https://www.insidehighered.com/quicktakes/2022/01/26/controversial-transfer-agreement-ends
What happens to all the APUS students with insurmountable debt?
The end up as lifelong customers of Maximus. https://www.highereducationinquirer.org/2022/01/maximus-student-loan-debt-and-poverty.html
University System Appoints Seasoned Acadamic Leader Javier Miyares to Board of Trustees
"Miyares served as president for eight years at UMGC until September 2020, and then worked in an advisory capacity with the University System of Maryland (USM) until June 2021. During this time he led UMGC through several major shifts, increased... — read more
APUS president out after just over a year
Dr. Wade Dy-e left APUS to pursue another opportunity (according to today's earnings call). https://www.fool.com/earnings/call-transcripts/2021/11/08/american-public-education-inc-apei-q3-2021-earning/
Deal with California Community Colleges
"The California Community Colleges system is excited to offer our students the added flexibility of pursuing their bachelor's degree from any location while attending APUS," said California Community Colleges Acting Chancellor Daisy Gonzales. "As we... — read more
Rehiring!
So, APUS let go of the entire appeals department, yet they are looking to hire someone new. Anyone with any experience in this knows that's an open door to a lawsuit. If someone younger or a person of a different gender, ethnicity, etc. was hired... — read more
Synergies?
"Synergies"=layoffs? https://www.thelayoff.com/t/1clW5psa
Disappointed
Does it seem to you that the situation is getting worse here every year? The decisions that are made are very bad. It’s time to look for a new job.
APEI acquires Graduate School USA
Graduate School USA was established in 1921 as part of the U.S. Department of Agriculture and is celebrating its centennial anniversary this year. GSUSA provides training to the federal workforce through a catalog of over 300 courses specializing in... — read more
More layoffs at APUS
Last Friday they laid off an entire department. The appeals department. Today they have laid off half of their financial aid department. Doesn’t look good for American public university Has there been more layoffs today or was yesterday it? Does... — read more
Closing the 90-10 loophole
How does APUS get around that?
American Public Education to Webcast Third Quarter 2019 Results Conference Call
Lots of changes? "The live webcast of its third quarter 2019 earnings conference call will be broadcast at 5:00 p.m. Eastern time on Tuesday, November 12, 2019. This call will be open to listeners through the events and presentations section of... — read more
Leadership transition
"American Public Education, Inc. APEI, -5.63% – parent company of online learning provider American Public University System (APUS) and campus-based Hondros College of Nursing (HCN) – announced today that its Board of Directors named Angela Selden as... — read more
Earnings today...
https://www.sec.gov/cgi-bin/browse-edgar?CIK=APEI&action=getcompany&owner=exclude
Purdue Global is winning, kind of
Purdue University Global has been able to win over Walmart and they may be getting millions from the Department of Labor. http://collegemeltdown.blogspot.com/2019/06/purdue-university-doubling-down-with.html... — read more
Barely profitable
Revenues down, still profitable--but barely so. https://www.sec.gov/Archives/edgar/data/1201792/000120179219000006/apeiq10331201910q.htm
American Public Education: Short This Stock As Students Close The Books On Formal Education
"Given the headwinds I expect APEI to face in the coming years, I believe the company will not live up to its current valuation, and is overvalued on a discounted cash flow and multiple basis."... — read more
Your competitor Bridgepoint/Ashford
How does Ashford (Bridgepoint), your competitor for TA money, stay in business? https://www.thelayoff.com/t/WnxDuXV
Enrollment flat or down...but profits up?
How is APUS making more profits as their enrollment stays flat or declines? "As of September 30, 2018, APUS student enrollment increased 1.4% to 82,200 students, compared to the second quarter of 2018. APUS student enrollment decreased by... — read more
How can you compete against Purdue University Global?
Purdue University Global is advertising in Army Times.
Competitor National American University in Tailspin
NAUH looks like toast. https://www.thelayoff.com/nau
AMU competitor may be in trouble
Trident University may be in trouble for disrespecting grieving widows. Most of their students are military, vets, and their spouses. https://www.thelayoff.com/trident-university-international
Enrollment continues to decline
"In the first quarter of 2018, net course registrations by new students at APUS declined 11% and total net course registrations declined 4% compared to the prior year period. However net course registrations by returning students only declined by 3%... — read more
Workforce reductions
"American Public Education (NASDAQ:APEI) is up 3.8% and tagged a new four-year high after weekend word that it committed to a workforce reduction plan."... — read more
Enrollment down...again
Net course registrations at APUS decreased 7.9% to approximately 163,700 during the six months ended June 30, 2017, compared to the same period in 2016. The company "believes that the decrease in APUS’s net course registrations for the six months... — read more
APUS making "political investments"
APUS has to continue paying for influence. https://www.opensecrets.org/industries/indus.php?ind=H5300
College Meltdown
APUS is apparently part of the US College Meltdown. http://collegemeltdown.blogspot.com/
Why has APUS enrollment dropped so dramatically?
APUS enrollment has dropped 11% year over year. Anybody have a reason for this drop?
Hondros Accreditation
Any news on Hondros' accreditation? I see they are trying to get accreditation from Accrediting Bureau of Health Education Schools (ABHES) a national accreditor for allied health schools... — read more