Career Education Corp. Layoffs

Topics regarding layoffs at Career Education Corp.

Colorado Tech #3 in GI Bill complaints

Number of POE Complaints by Main Campus "Complaints (All Campuses)" "GI Bill Students (All Campuses)" Facility Code OPE ID UNIVERSITY OF PHOENIX-JERSEY CITY 577 22,714 21000130 20988 KELLER GRADUATE SCHOOL OF MANAGEMENT-MERRILLVILLE 219 7,468... —  read more 

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Post ID: @10zkYXzF

Career Education Settles with FTC

The giant for-profit college company Career Education Corporation (CEC) says it has agreed to pay $30 million to resolve a Federal Trade Commission investigation into whether it engaged in deceptive marketing to prospective... —  read more 

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Post ID: @10o37zhe

Redundancies=layoffs

Lastly, during the first quarter of 2019, we entered into an agreement to acquire substantially all of the assets of Trident University International (“Trident”). Trident is a regionally accredited university offering online undergraduate, master’s... —  read more 

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| 312 views | |
Post ID: @Zj2njuw

"What If Online Education Simply Doesn't Work?"

"There’s already emerging consensus, for example, that online programs, sometimes referred to as distance education programs, routinely fail students in need of remediation or those without high self-motivation or advanced learning skills."... —  read more 

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Post ID: @Zjigu22

Colorado Tech spends little on instruction

Colorado Tech spends $0.08 on instruction for every dollar it collects in tuition. American InterContinental University spends 11 cents. https://tcf.org/content/commentary/how-far-does-your-tuition-dollar-go/ —  read more 

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Post ID: @YI9cEDx

DOD, VA Get Low Grades for Helping Vets Make College Choices

"According to Student Veterans of America and their NVEST report, 46 percent of all people using the GI Bill do not finish school, and that 25 percent use their hard earned GI Bill on for-profit colleges. In 2017, CBS News also reported that 40... —  read more 

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| 357 views | |
Post ID: @W2irfTH

Enrollment up 5.8%

How does CECO continue to recruit new students? https://seekingalpha.com/pr/17320610-career-education-corporation-reports-results-third-quarter-year-date-2018 —  read more 

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Post ID: @VVdl647

Recent Career Education Ladd off in September 2018

Career Education just laid off many employees at AIU starting from the top to the bottom, because of low enrollments which has been going on for a long time now. They are also trying to rename CEC . I believe they are trying to restructure. And to... —  read more 

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| 672 views | |
Post ID: @VwwJqUb

CEO claims all is well

How long before Career Education Corporation is toast? https://seekingalpha.com/article/4193475-career-educations-ceco-ceo-todd-nelson-q2-2018-results-earnings-call-transcript —  read more 

Career Education Off ED Radar

"The Department of Education under Secretary Betsy DeVos ended for-profit college investigations, according to an in-depth report published Sunday by The New York Times. The newspaper found that lawyers and investigators working on those... —  read more 

Career Education Stacking the Deck in DC

"Ten Senate Democrats are questioning the role and potential conflict of interest of a recently hired official at the U.S. Department of Education who has ties to the for-profit college industry. Lawmakers sent Education Secretary Betsy DeVos a... —  read more 

Subprime College Crash: Latest Campus Closings

By the end of 2017, several hundred subprime college campuses and sites will have closed. Listed below are some of the subprime college campuses in the US Department of Education's latest monthly School Closings report. The agency reports are... —  read more 

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Post ID: @QstJxkd

Sad but true state of Career education

I stopped accepting teaching assignments with CTU and AIU because of this schizophrenic attitude towards grading. The rubrics you have to use are so 'flexible' that you can drive a truck through them. Students are used to getting good grades from... —  read more 

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| 947 views | |
Post ID: @PM2QXXB

You have to pass everybody to get more classes

I have found if you hold the students actually accountable, you will get less classes to teach. They won't tell you this, it just comes out that way. If you just pass everyone, you get more classes to teach. Has anyone else experienced this? Yup... —  read more 

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| 1335 views | |
Post ID: @PIKQIoJ

The future of Career Education?

Can CECO onload the two remaining schools and do the servicing like Kaplan and Purdue? Or do they get purchased by a large hedge fund like University of Phoenix and Apollo Global Management? Do they slide down to nothing and get purchased like EDMC... —  read more 

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| 1381 views | |
Post ID: @PCzDOIV

BlackRock

BlackRock, America's largest shadow bank, owns stock in several for-profit colleges: Career Education Corporation 7.9M shares Laureate Education 2.4M shares American Public Education 1.9M shares Capella 1.4M shares Bridgepoint Education 1.2M shares... —  read more 

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| 1847 views | |
Post ID: @PwPLMKw

CFO out

"CFO A.J. Cederoth will be leaving his post to pursue other opportunities after September 30. The company says that Cederoth’s departure is not the result of any dispute or disagreement. Career Education will consider both internal and external... —  read more 

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| 941 views | |
Post ID: @PvMdwLY

CTU needs to stop its "Military Friendly" promotions

CTU is going to get in legal trouble if they continue to advertise themselves as a "Military Friendly School." CTU lost this designation more than a year ago, and Victory Media is becoming more protective of their programs as they get rid of many... —  read more 

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| 883 views | |
Post ID: @Ps6vt6U

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