there is always a space here.... https://www.thelayoff.com/university-arizona
Restore the GI Bill for Veterans who were defrauded.... https://www.facebook.com/groups/5779373562106998
ZOVIO INC 09/21/2022 | 04:18pm EDT Item 1.01. Entry into a Material Definitive Agreement. On September 16, 2022, Zovio Inc, a Delaware corporation (the "Company"), entered into a Loan and Security Agreement (the "Loan Agreement") among the... — read more
Sounds like Zovio is officially out of business.
If any students and former students want to get debt relief there may be several ways to do this. Barring a successful legal challenge, consumers will be able to get $10K-$20K in debt relief. But they will have to sign... — read more
This is what the Zovio balance sheet looked like before the deal: Assets: $85 million ($20 million cash) Liabilities: $79 million Loss Last Q: $4.7 million Shareholder Equity: $6 million (for 33 million shares) For those at UAGC, welcome to... — read more
What does this mean for workers and students? https://www.insidehighered.com/news/2022/08/01/arizona-global-campus-buys-assets-online-management-contractor
"Enrollments are 17% below budget, with the statement “new student enrollment target is not being hit” added." https://philonedtech.com/uagc-financials-confirm-falling-enrollments-and-revenue/
Looks like Zovio will make it through 2022....enough for some major cash bonuses for the Amazing Randy and his friends...
A royal flush! How much did you get? KR $108K JS $250K https://www.sec.gov/ix?doc=/Archives/edgar/data/0001305323/000130532322000043/zvo-20220612.htm
"CHANDLER, Ariz., June 3, 2022 /PRNewswire/ -- Zovio (Nasdaq: ZVO), an education technology services company that partners with higher education and employers, would like to congratulate the 209 working adults who graduated from its partner the... — read more
Even more sell offs? https://ir.zovio.com/news/news-details/2022/Zovio-Advances-Turnaround-Plan-and-Strengthens-Financial-Position/default.aspx https://d18rn0p25nwr6d.cloudfront.net/CIK-0001305323/f4e72ae5-c445-484b-a189-cf7246f8cc67.pdf
Yet another bloodbath...
Results from WASC?
Hold your hats...
Does anyone who is NOT a media troll have any news or updates to share? Thanks
Disturbing news about Zovio, the online program manager of University of Arizona Global Campus. They are defying SEC rules by posting their 2021 Annual Report more than 90 days after the end of the year. The puts them closer to delisting from... — read more
"Failure of a company to meet a minimum closing bid price of at least $1 for 30 consecutive trading days can trigger delisting. When this happens Nasdaq issues a deficiency notice to the company. Another action that brings a deficiency notice is a... — read more
Less than $35 million in the bank, new $22 million lawsuit due and stock below $1.00 looking forward to seeing this company out of business soon
What is the true value of the Ashford degree?
Fined $22 million. https://www.insidehighered.com/quicktakes/2022/03/08/lawsuit-against-ashford-university-and-zovio-prevails
Any word on the Earnings Call? The later the date, the more ZVO has to use creative accounting and damage control.
"College Meltdown 2.0 comes as US fascism advances, the Coronavirus Pandemic becomes more normalized, student loan debt approaches $2 trillion, and the 2026 enrollment cliff is just a few years away. This wave includes remnants of for-profit... — read more
Zovio and Revature? What's next with the Amazing Randy? ... — read more
"Last week, at a special session of the Arizona Board of Regents, University of Arizona president Robert Robbins announced that his school would shift course and integrate UAGC into the school, rather than keep it as a separate entity with a separate... — read more
Zovio is giving out free tutoring to students at Red Lake National College through Tutor Me. Good PR move and the oldest trick in the... — read more
They end up as lifelong customers of Maximus. https://www.highereducationinquirer.org/2022/01/maximus-student-loan-debt-and-poverty.html
"With its accreditor’s decision on potential sanctions due soon, the University of Arizona Global Campus is also contending with lower-than-expected enrollment and a California... — read more
And the answer is...layoffs? https://finance.yahoo.com/m/ad610287-a304-3fd8-961f-a1a4d00e3225/after-years-of-losing-money-.html
An incredible Christmas present for Zovio's new CEO. $850K + $250K to $300K in shares + handsome performance bonuses just in 2022. And the chance to earn much more afterward. If the "Amazing Randy" can turn Zovio around like Purdue University... — read more
Results reviewed in February. Should be posted in April 2022.