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
Topics regarding layoffs at Career Education Corp.
Bot U?
"One of our initiatives to expand the use of artificial intelligence (“AI”) and machine learning throughout the academic life cycle is AIU’s AI-based virtual assistant “chatbot” that we have named Lucy. Lucy has streamlined the process for... — read more
Student X
Tell me how you feel about this. http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html
The College Dream is Over
https://collegemeltdown.blogspot.com/2020/10/the-college-dream-is-over-gary-roth.html
"Edugrift": Observations of Subprime College Lead Generator
Every feel the business is just a racket? https://collegemeltdown.blogspot.com/2020/10/observations-of-subprime-lead-generator.html
Recruiting Homeless Vets?
Because it's all about the vets?
Student loan volume down 43% at CTU
https://tcf.org/content/commentary/student-loans-plummeted-summer-term/?agreed=1&session=1
CTU and AIU let off the hook by VA
https://www.militarytimes.com/pay-benefits/2020/07/08/va-clears-5-schools-to-keep-enrolling-gi-bill-students/
Republic Report on CTU and AIU
This AIU recruiter told me, “I have found many fraudulent practices and have been expected to prey on vulnerable people. I hardly sleep at night.” She added, “This is heartbreaking to me. What I’m seeing is not educators. I’m seeing... — read more
Crash
With the possibility of 30 percent unemployment... https://collegemeltdown.blogspot.com/2019/02/workers-expose-subprime-college-crash.html
"Introducing Perdoceo: Under DeVos, Predatory Practices Pay"
Names the names... https://www.republicreport.org/author/david-halperin/
Earnings down 6.7 percent
Revenues up and earnings down. Sounds like it's time for cost cutting. https://seekingalpha.com/news/3542798-perdoceo-education-q4-2019-earnings-preview
Protected by more subprime sludge at ED
https://www.republicreport.org/2020/her-firm-represented-awful-for-profit-colleges-now-shes-devoss-enforcement-chief/
"Perdoceo Education Corporation: A Solid Opportunity For Shareholders"
https://seekingalpha.com/article/4315415-perdoceo-education-corporation-solid-opportunity-for-shareholders
Higher ed assembly line
Colorado Technical University has 59 full-time instructors for 26,000 students. American Intercontinental University has 51 full-timers for about 8,700... — read more
Perdoceo?
What's a Perdoceo?
One Whistleblower
https://www.republicreport.org/2019/one-whistleblower-triggered-dream-center-demise-devos-debacle/
Digital gardening?
https://www.youtube.com/watch?v=XQLdhVpLBVE
For those who have served
have a happy Veterans Day weekend. https://www.rallypoint.com/organizations/colorado-technical-university-colorado-springs-co
Former Career Education Corp Exec in 2U Meltdown
Remember J? https://www.linkedin.com/pulse/2u-whistleblowers-detail-rampant-overpricing-behavior-dahn-shaulis/?published=t https://www.thelayoff.com/t/11igcFCS
"Report Highlights Decline In Quality at Troubled Career Education Corp."
"A new report from the research firm Capitol Forum documents evidence that educational quality has declined significantly in recent years at the colleges operated by for-profit Career Education Corporation (CEC). The report relies on statistical... — read more
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
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
How much does Career Education Corporation pay QuinStreet for leads?
More about QuinStreet https://www.thelayoff.com/quinstreet
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
"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
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/
Betsy DeVos Quietly Making It Easier for Dying For-Profit Schools to Rip Off a Few More Students on the Way Out
No LOC? https://theintercept.com/2019/04/12/betsy-devos-for-profit-colleges/
NBC News reports on for-profit schools preying on veterans
It's a good thing for CTU that they weren't mentioned last night. Bu they were mentioned in a print version. https://www.nbcnews.com/politics/politics-news/veterans-could-be-first-pay-devos-rolls-back-profit-college-n985891
How many Argosy students will AIU pick up?
The list of Argosy's "partner schools." https://www.dcedh.org/partner-institutions
Workers Expose Subprime College Crash in Real Time at TheLayoff.com
As the subprime college crash continues, some of the most interesting pages to watch are: Dream Center Education Holdings and the Art Institutes, University of Phoenix, DeVry University, Graham Holdings and Kaplan University, Laureate Education and... — read more
Looking forward to the annual report
The last annual report came out 2-21-2018. https://www.sec.gov/cgi-bin/browse-edgar?CIK=ceco&owner=exclude&action=getcompany&Find=Search
Career Education Corp. to forgive $493M in student debt in settlement
Career Education Corp. will offer $493.7M in debt relief to nearly 180K former students in a settlement with attorneys general from 48 states and D.C. that will close out a five-year investigation... — read more
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
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
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
How much more degrading can lower ed get?
Just when you thought lower ed was devolving, you find out it's even worse. https://collegemeltdown.blogspot.com/2018/10/visa-mill-promoters-drop-760k-on-key.html
Top DeVos adviser (former Career Education Executive) defends for-profit college ties
"TOP DEVOS ADVISER DEFENDS FOR-PROFIT COLLEGE WORK, OUTLINES REGULATORY PLANS: Diane Auer Jones, a top adviser to Education Secretary Betsy DeVos, on Monday pushed back against criticism of her work on behalf of for-profit colleges, saying her record... — read more
University of Phoenix, Turning Point USA, Bridgepoint, and Career Education in one place?
I knew Phoenix had a lot of conservatives and scammers, but this is becoming ridiculous. https://www.thelayoff.com/bridgepoint-education https://www.thelayoff.com/university-phoenix... — read more