CHANDLER, Ariz., Sept. 13, 2021 /PRNewswire via COMTEX/ -- CHANDLER, Ariz., Sept. 13, 2021 /PRNewswire/ -- Zovio (Nasdaq: ZVO), an education technology services company that partners with higher education institutions and employers, announced Zovio... —  read more 

"The Louisiana Department of Education (LDOE) for at least three years manipulated qualification requirements for several New Orleans charter schools so that they would qualify for millions of dollars in federal grants, according to a former LDOE... —  read more 

https://seekingalpha.com/article/4442278-zovio-inc-zvo-ceo-george-pernsteiner-on-q2-2021-results-earnings-call-transcript "Sure a lot of the savings are in taking a look at the company and really eliminating administrative functions that are not... —  read more 

"Operating loss for the three months ended June 30, 2021 was $4.5 million, compared with operating income of $5.3 million for the three months ended June 30, 2020. Net loss for the three months ended June 30, 2021 was $4.0 million, compared with net... —  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. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true

https://www.chronicle.com/article/a-new-mega-university-expects-to-earn-big-money-immediately-are-its-projections-too-ambitious?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_2420751_nl_Academe-Today_date_20210604&cid=at&source=&sourceId= —  read more 

Is anybody here feeling bothered by the current business practices? If so, let me know. https://www.republicreport.org/2021/zovio-adds-board-members-as-deceptions-at-arizona-global-persist/

Operating loss for the three months ended March 31, 2021 was $9.3 million, compared with operating loss of $10.5 million for the three months ended March 31, 2020. Net loss for the three months ended March 31, 2021 was $9.5 million, compared with... —  read more 

Zovio "announced today the appointment of two new members to its Board of Directors: Dr. John S. Wilson, former Morehouse College President who serves as a Visiting Scholar at the Harvard Business School and Mr. Ron Huberman, Chief Executive Officer... —  read more 

"Zovio, Inc. (Nasdaq: ZVO) announced today that Andrew Clark, Founder, President and CEO, and the Zovio Board of Directors, mutually agreed to his departure from the Company as its Chief Executive Officer ("CEO") and all other offices of the Company... —  read more 

https://www.sec.gov/ix?doc=/Archives/edgar/data/1305323/000130532321000013/zvo-20201231.htm

https://www.linkedin.com/pulse/buyer-beware-servicemembers-veterans-families-need-guard-dahn-shaulis/

https://vetsedsuccess.org/veterans-education-success-hails-unanimous-passage-of-landmark-legislation-to-protect-student-veterans-and-ensure-better-oversight-of-gi-bill-colleges/ “This landmark legislation expands student veterans’ protections and... —  read more 

Tell me how you feel about this. http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

Piled high and Deep https://seekingalpha.com/article/4382354-zovio-inc-zvo-ceo-andrew-clark-on-q3-2020-results-earnings-call-transcript?part=single

"the notice of allegations (NOA) that the University of Arizona received from the NCAA’s enforcement staff on Friday allegedly includes nine allegations of misconduct, five of which are Level 1, the most serious... —  read more 

https://collegemeltdown.blogspot.com/2020/10/the-college-dream-is-over-gary-roth.html

"Now more recently, organizations like Ashford thru Arizona, GCU, and Kaplan through Purdue Global have in housed their own subprime appointment factories. Not having first hand information, I would still unequivocally say these operations have not... —  read more 

https://tcf.org/content/commentary/student-loans-plummeted-summer-term/?agreed=1&session=1

At $1, was the price still too high? https://www.insidehighered.com/news/2020/08/04/university-arizona-acquires-ashford-university

for the CEO and CFO https://www.sec.gov/ix?doc=/Archives/edgar/data/1305323/000130532320000041/zvo-20200512.htm

While the 2020 Depression ravages the economy, subprime colleges operators get an award for tone deafness. The building features: A full-service cafeteria that provides healthy food options for employees with an adjacent dining area that... —  read more 

It might not be good. Shares down 17 percent today.

With the possibility of 30 percent unemployment... https://collegemeltdown.blogspot.com/2019/02/workers-expose-subprime-college-crash.html

Who was the last one? https://www.sec.gov/Archives/edgar/data/1305323/000130532320000027/form8-kxitem502evpoper.htm

"CHANDLER, Ariz., March 26, 2020 /PRNewswire/ – As U.S. jobless claims reached unprecedented levels, education technology service provider Zovio (ZVO) (Nasdaq: ZVO) announced today it would hire more than 200 enrollment advisors in the next four... —  read more 

Andrew Clark sent out an email saying: "Effective Immediately, I have terminated Greg Finkelstein and he is no longer employed at Zovio" Looks like they found a sacrificial lamb for the historically low stock price, although no one liked working... —  read more 

Can anyone explain how Zovio is going to pull this rabbit out of the hat? From Zovio's latest SEC Form 10K regarding Department of Education financial responsibility scores for Ashford University: "The composite score is a number between negative... —  read more 

“Ashford University preyed on veterans and people of modest means,” Attorney General Xavier Becerra said in a statement. “This for-profit college illegally misled students about their educational prospects and unfairly saddled them with debt.”... —  read more 

https://seekingalpha.com/news/3544184-zovio-and-nbsp-eps-misses-0_05-misses-on-revenue

Zovio shares surged 30 percent today. Anyone know what caused the dramatic change?

"Zovio (ZVO) (Nasdaq: ZVO), an education technology services company, announced today that Fullstack Academy, a Zovio subsidiary, has partnered with Louisiana State University to offer two coding programs... —  read more 

Donated 200 junk computers? Hope they scrubbed them of incriminating evidence. https://markets.businessinsider.com/news/stocks/zovio-donates-200-computers-and-three-printers-to-amerischools-via-az-strut-1028847956

Nobody has entered into an agreement with Zovio Except for Ashford for services. Zovio has no real profit without Ashford. Take my word that Zovio has no tech, and all of this just means that Zovio can become even more shady with prospective students... —  read more 

Down to $70 million in cash and had to take out a $100 million loan for 15 percent interest!!!! The sham is up and now they will be gone within a few years

Guess the shareholders were not amused by news of the "transition" news. Paying for the transition, a $103 million loan at 15 percent annually, sounds like a company that has issues. I know I thought Zovio had found a free market patsy, as Kaplan... —  read more 

Looks like Zovio may have c-apped out. Wonder how the shareholders will take this. https://seekingalpha.com/pr/17740545-zovio-announces-letter-of-intent-ashford-university-nonprofit-entity-to-convert-and-separate

"Our goal is to close the proposed separation and conversion or announce the signing of the agreement for the sale of Ashford University by the end of 2019." "As I said, our goal is to announce either the close of the conversion or assign... —  read more 

Word on the street is that key staff have been notified of a meeting this Thursday.

"He found a website listing Ashford University as friendly to service members and veterans. He said the online for-profit university promised him a comprehensive slate of classes and flexibility in scheduling them, so he signed up. His relationship... —  read more