Career Education Corp. Layoffs

Topics regarding layoffs at Career Education Corp.

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 

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Post ID: @OP+12J3H3S1

Perdoceo?

What's a Perdoceo?

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Post ID: @OP+12A4vyTA

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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Post ID: @OP+Zj2njuw

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: @OP+YI9cEDx

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 

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 

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 

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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Post ID: @OP+PCzDOIV

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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Post ID: @OP+PvMdwLY

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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Post ID: @OP+PwPLMKw

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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Post ID: @OP+Ps6vt6U

Campus closings?

Any word on campus closings of schools that were on teach out? Cordon Bleu? Sanford Brown?

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Post ID: @OP+OlZndrY

Wang sells $2 Million in stock

Last week, Richard Wang, director sold 200,000 shares worth more than $2M. Mr. Wang, 40, is a co-founder and Managing Partner of Tenzing Global Management (“Tenzing Global”). http://www.nasdaq.com/symbol/ceco/insider-trades —  read more 

Severance package?

I am a financial aid advisor andmay be getting layed off from CEC , I am a bit nervous that I won't be able to make ends meet. Has anyone been offered a severance package? Anyone knows how they calculate it? Any info would be helpful.

I am sorry ...

I am sorry. I have been lying for years. As you will soon find out, I short stocks for a living and have used these discussion boards to support my financial needs. I am nothing more than a liberal hack.

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Post ID: @OP+I5bNdx1

Todd S. Nelson's work is done?

Looks like Todd S. Nelson has done the work he came here for: dismembering Career Education and making it "profitable." After leaving Apollo Group (in scandal), EDMC (in finacial ruin) , where will he go after Career Education? I had thought he might... —  read more 

CEC Layoffs 2014

I left in 2012, I was an instructor. I wanted to see if you are still going through layoffs. Good luck everyone, you will need it.

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Post ID: @OP+wcnX3TE

CEC Rendition Program

Well this week is the last week for many career school support staff. It's interesting that there has been no new org chart sent out or an email of who is leaving and who is staying. I guess it is on a need to know basis and many of the remaining... —  read more 

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Post ID: @OP+BHNvSxl

Townhall Waste of Time

Well listening to Ron McCrsy stammer his way through the his presentation could only be surpassed by asinine questions from corporate dweebs. The one brilliant question was "Wouldn't it better if you just immediately shut down all the Sanford-Brown... —  read more 

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Post ID: @OP+BoIVsZh

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