Topics regarding layoffs at Perdoceo (formerly Career Education Corp.)

Topics regarding layoffs at Perdoceo (formerly Career Education Corp.)

Department of Education and Federal Student Aid Invite Tips and Information from Knowledgeable Sources on Potential Violations by Institutions

In furtherance of its oversight responsibilities, Federal Student Aid (“FSA”) issues this bulletin to solicit information from knowledgeable sources about potential violations of the Higher Education Act and its implementing regulations. FSA has... —  read more 

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Post ID:  @OP+1jFJNTFo

Machine Learning

"We are making necessary investments to upgrade our student-serving systems and to continue to leverage data analytics and machine learning to enable timely and relevant engagement with our students. We launched a new student relationship system that... —  read more 

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Post ID:  @OP+1jB2PTFN

Sweet v Cardona

How many Borrower Defense claims have been made against Perdoceo schools? https://predatorystudentlending.org/cases/sweet-v-devos/

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Post ID:  @OP+1hGde2nl

Earnings Call

"With that said, total student enrollments at December 31, 2021 decreased by 5.4% as compared to the prior year end." https://seekingalpha.com/article/4490306-perdoceo-education-corp-prdo-ceo-andrew-hurst-on-q4-2021-results-earnings-call-transcript —  read more 

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| 592 views | | 1 reply (last )
Post ID:  @OP+1ftzSsIj

College Meltdown 2.0

"College Meltdown 2.0 comes as 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 colleges like zombie college... —  read more 

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Post ID:  @OP+1foPbtBa

Debt Sentence

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

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Post ID:  @OP+1bGUueAo

Debt Sentence

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

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Post ID:  @OP+1bG10SQD

Perdoceo Hired Hands

"Perdoceo Education Corp., operator of for-profit colleges that have repeatedly faced law enforcement actions for deceiving and abusing low-income students, announced today that Alan Wheat, a former Democratic congressman representing Missouri, has... —  read more 

Buyer Beware

https://www.linkedin.com/pulse/buyer-beware-servicemembers-veterans-families-need-guard-dahn-shaulis/

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Post ID:  @OP+19lMDzu2

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 

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Post ID:  @OP+18jX2lgv

Student X

Tell me how you feel about this. http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

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Post ID:  @OP+17TItMRP

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 

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Post ID:  @OP+15ucoKK9

Crash

With the possibility of 30 percent unemployment... https://collegemeltdown.blogspot.com/2019/02/workers-expose-subprime-college-crash.html

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Post ID:  @OP+14iFYNSO

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

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Post ID:  @OP+13zn5P27

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