"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.

Here's University of Arizona Global's 2020 BPPE Report. Note: This report has not been approved by California's Division of Consumer Affairs, but it's still interesting to look at the program costs, completion rates, graduates employed in the field... —  read more 

Zovio's "dumpster fire" is reminding so much of the collapse of Corinthian Colleges, ITT Tech, Education Management Corporation, Career Education Corporation schools, Apollo Group, ECA, Laureate Education, and so many others. Zovio is on trial in... —  read more 

https://seekingalpha.com/news/3776220-edtech-firm-zovio-hires-new-ceo

In addition to its dwindling cash, falling share price, no CEO, and high-profile lawsuits, Zovio has at least two more problems. (1) Zovio-Ashford-UAGC has failed to provide accurate reports to California BPPE. The 2018 report was not good; it... —  read more 

"The University of Arizona Global Campus appreciates the sacrifice you made for your country and takes pride in helping you create your future. We provide military tuition grants, dedicated military advisors seven days a week, and flexible schedules... —  read more 

Imagine what the numbers for UAGC (aka Ashford University) must look like now. These data are from 2014. https://www.highereducationinquirer.org/2021/11/more-transparency-about-student-debt.html

"California’s attorney general this week began presenting evidence in his office’s long-awaited fraud trial against for-profit Ashford University. In the case, filed in 2017, the state alleges that Ashford engaged in unfair and fraudulent business... —  read more 

Nothing in the media. This case has been dragging out since 2017. ... —  read more 

Guild Education should be hiring.

"The investigation concerns whether Zovio and certain of its officers and/or directors have engaged in securities fraud or other unlawful business... —  read more 

If you missed the Q3 earnings call, you didn't miss much. Zovio continues to be in financial trouble--and the Ashford rebrand hasn't made a difference. Share price is close to at all-time low. This is not the end, but it's not good. ... —  read more 

https://www.marketwatch.com/press-release/zovio-schedules-third-quarter-2021-earnings-conference-call-for-october-27-2021-2021-10-21?siteid=nbsh#

Trial scheduled November 1, 2021. Case No. RG17883963 (Alameda County). Here's the initial complaint from the California AG: https://www.courthousenews.com/wp-content/uploads/2017/11/Ashford-Bridgepoint-COMPLAINT-Calif.pdf

UAGC (aka Ashford University)... https://www.thelayoff.com/t/1dpDWE6i

Who says tax status doesn't matter? https://www.republicreport.org/2021/ftc-announces-crackdown-on-predatory-college-abuses/

So Zovio and UAGC are going to go down the same road as Kaplan Higher Education and Purdue University Global, selling a subprime school to working people as a "world-class" institution? The fraudulent claim is made at the 42 second mark. ... —  read more 

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