Topics regarding layoffs at Zovio (formerly Bridgepoint Education Inc.)

Topics regarding layoffs at Zovio (formerly Bridgepoint Education Inc.)

Liquidation

https://www.highereddive.com/news/zovio-shareholders-approve-plan-to-go-out-of-business/634924/

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| 982 views | | no replies yet
Post ID: @OP+1joNJcJQ

Zovio makes one more big bet!

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 

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| 755 views | | no replies yet
Post ID: @OP+1iRO1ynf

Out of business?

Sounds like Zovio is officially out of business.

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| 760 views | | no replies yet
Post ID: @OP+1iOzE3zF

Student Debt Relief

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 

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| 922 views | | no replies yet
Post ID: @OP+1iq6UQRe

Zovio's Finances (as of June 30, 2022)

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 

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| 1146 views | | 6 replies (last September 22, 2022)
Post ID: @OP+1ihYztBv

Jobs at Guild Education?

https://www.guildeducation.com/about-us/careers/open-positions/

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| 783 views | | no replies yet
Post ID: @OP+1i0HXIcN

UAGC aquires Zovio online program assets?

What does this mean for workers and students? https://www.insidehighered.com/news/2022/08/01/arizona-global-campus-buys-assets-online-management-contractor

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| 1332 views | | 6 replies (last August 11, 2022)
Post ID: @OP+1i0AiMkf

Sweet v Cardona

https://predatorystudentlending.org/cases/sweet-v-devos/ https://www.businessinsider.com/personal-finance/student-debt-cancelled-sweet-cardona-settlement-2022-6

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| 1013 views | | no replies yet
Post ID: @OP+1hWc1BJF

UAGC Financials Confirm Falling Enrollments and Revenue

"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/

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| 932 views | | no replies yet
Post ID: @OP+1hAGBvSY

Zovio likely to survive...for now

Looks like Zovio will make it through 2022....enough for some major cash bonuses for the Amazing Randy and his friends...

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| 845 views | | no replies yet
Post ID: @OP+1hnUfGMC

Cash bonuses

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

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| 945 views | | no replies yet
Post ID: @OP+1hhl32Oh

Impressive?

"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 

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| 1225 views | | no replies yet
Post ID: @OP+1h4CMsbC

"Turnaround plan"

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

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| 891 views | | no replies yet
Post ID: @OP+1gWnMCpN

Sell off

https://www.highereddive.com/news/zovio-sells-tutoring-services-business-for-55m/624320/

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| 781 views | | no replies yet
Post ID: @OP+1gUMmI3q

When it rains it pours

https://amp-azcentral-com.cdn.ampproject.org/c/s/amp.azcentral.com/amp/9623764002

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| 605 views | | no replies yet
Post ID: @OP+1gAiNpsC

Putting Green?

https://www.thelayoff.com/t/14W3MIqh

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| 710 views | | no replies yet
Post ID: @OP+1gyZpQvz

More bad news...

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 

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| 1710 views | | 2 replies (last April 1, 2022)
Post ID: @OP+1fYeKdMX

Rules for Delisting from NASDAQ

"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 

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| 1026 views | | 2 replies (last March 25, 2022)
Post ID: @OP+1fTTdkSD

Our of business soon?

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

Zovio Earnings Call?

Any word on the Earnings Call? The later the date, the more ZVO has to use creative accounting and damage control.

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| 1262 views | | 6 replies (last March 14, 2022)
Post ID: @OP+1fwP87Rh

Zovio and College Meltdown 2.0

"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 

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| 1130 views | | 2 replies (last February 23, 2022)
Post ID: @OP+1fp7xSXH

Hook, line, and sinker...

"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 

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| 1252 views | | 1 reply (February 11, 2022)
Post ID: @OP+1f7P42MY

Nice move...

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 

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| 844 views | | no replies yet
Post ID: @OP+1f1b191U

The Amazing Randy "Eyes a Turnaround"

And the answer is...layoffs? https://finance.yahoo.com/m/ad610287-a304-3fd8-961f-a1a4d00e3225/after-years-of-losing-money-.html

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| 1013 views | | no replies yet
Post ID: @OP+1ekg5pUO

The Amazing Randy

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 

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| 1390 views | | 10 replies (last January 30, 2022)
Post ID: @OP+1eeIdILB

WASC Review

Results reviewed in February. Should be posted in April 2022.

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| 830 views | | no replies yet
Post ID: @OP+1ecOwCkH

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