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

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

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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Post ID:  @OP+1iRO1ynf

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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Post ID:  @OP+1iq6UQRe

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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Post ID:  @OP+1hWc1BJF

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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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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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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Post ID:  @OP+1gWnMCpN

Sell off

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

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Post ID:  @OP+1gUMmI3q

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 

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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| 958 views | | 1 reply (last )
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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Post ID:  @OP+1f1b191U

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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| 1072 views | | 10 replies (last )
Post ID:  @OP+1eeIdILB

California BPPE Report

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 

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Post ID:  @OP+1e90d5uE

Zovio's "Dumpster Fire"

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 

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| 1303 views | | 2 replies (last )
Post ID:  @OP+1e6uZ5nd

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