ECMC is wanting to evoke a college. They were part of the negotiations with the DOE on July 3rd to lift the 21 day hold on Title IV funding. They are the rumored nonprofit that wants to purchase Everest Colleges in bulk. If that deal isn't reached by... — read more 

It's probably CCI's way of trying to raise cash. But it means nothing to employees. They are NOT a college.

ECMC will tour Everest campuses in CO and CA tomorrow and Wed. The DOE has given ECMC and CCI until the end of this week to finalize the purchase the bulk of Everest campuses. If that agreement isn't reached by the end of this week the DOE will start... — read more 

I just heard that there will be more round of layoffs starting this Friday. Looking at reducing admissions teams by one third.

They are nowhere near financial shape to do that. Look at their balance sheet, it isn't even possible and would never get approval. They have their own liquidity and regulatory issues. Time for you to grow up, it's over for you at CCI.

What could go wrong in the next 10 days?

CCi management is nothing short of being douche' bags that need to be punched in the throat!!!

"Liquidity Update" "As previously reported by the Company, depending on the timing of the Company's planned asset sales and its ability to further reduce operating costs, the Company will need to obtain additional sources of liquidity to fund its... — read more 

Now I know where the cash came for last payday. Not sure where the cash will come for next payday. What about the 160 students who might ask for a refund? Hopefully ED will send enough cash in time.

http://www.youtube.com/watch?v=fJ9rUzIMcZQ

As it is difficult for an accountant who worked for Enron to get interviewed without skepticism, how do we address and separate ourselves from the "fraud practices" when interviewing? I can sense that when I'm interviewing, the interviewer has... — read more 

Not that the cost of Heald is the cause of the downfall.... But why would CCi buy Heald with a $200ML " Goodwill" when EVERYONE knew that we were at the peak of the recession and enrollment a were bound to go down after 2010?

Another $55M charge, and that's on top of the $94.4M dollar loss for the first 9 months of 2014. So we know that losses are at least $150M, or more. Then there is the Heald Goodwill, that will be impaired to the tune of nearly $200M. Total losses for... — read more 

We sold some loans (at a heavily discounted rate) for 19 million. 2. That will not be enough, and we still need addtional funding/cashflow to meet the operating agreement. 3. Yet another regulatory agency has busted us for out of compliance business... — read more 

http://investors.cci.edu/secfiling.cfm?filingID=1104659-14-62927&CIK=1066134

Our extra boxes of toner!!!!

It could be much sooner than we think.

Here is the full list: QuickStart Intelligence Corporation, Corinthian Schools, Inc., Rhodes Colleges, Inc., Florida Metropolitan University, Inc., Corinthian Property Group, Inc., Titan Schools, Inc., Career Choices, Inc., Sequoia Education, Inc.... — read more 

": It really depends on how it works out and who the potential acquirers could possibly be. It can roll all the web to the Department of Education. It could go through the same kind of approach that any transaction might have. So there’s a wide range... — read more 

"A few years ago I shorted Corinthian Colleges, Inc. (NASDAQ:COCO) with the thesis that (i) for-profit colleges were saddling people with student loans without improving their job prospects after graduation, and (ii) the government would eventually... — read more 

This represented about 10% of all income for CCi. Here is the post. https://www.calvet.ca.gov/Pages/CalVet-WithdrawsApproval-for-Corinthian-Colleges.aspx

They ain't buying shit!

http://www.sec.gov/Archives/edgar/data/1066134/000104746913008803/a2216385zex-21_1.htm

EDMC is buying all our campuses! I will keep you updated with further news! You can thank me later :)

Back when this company was doing OK, well at least much better off than now, it was understandable that you would want to be anonymous about whistle blowing or complaining about misdeeds of the company but now that you all feel the end us here and... — read more 

HS program significantly cut--saving toner wasn't enough?

So answer me this, since all of the people on here that feel that EVERYONE will lose their jobs and CCI will declare Bankruptcy why all of the anonymous posts? That tells you everything you need to know right there people. Nothing but a bunch of... — read more 

Anyone else hear the rumor that Kim Dean, VP of Socle, resigned? I heard that in Colorado Springs. Any other sites have info? If it's true then everyone is keeping pretty hush about it.

The High School program was the 1 program always succeeding month after month. These individuals also made the difference in the survival of the company during their turbulent time. They were asked to give more and they gave double. No one is safe... — read more 

Any layoffs today? I didn't think so. Week in and week out people who swear they know "the truth" predict the bleakest outcomes like mass layoffs and bankruptcy but they are wrong time and time again hahahaha. Just let the doomsday theorists have... — read more 

So I'm suppose to clean up my desk to make us look good tomorrow but yet we have crappy as director, managers and supervisors that can't come to work. Probably out drinking like usual. Sad some of these supervisors I'm suppose to look up get high... — read more 

It's not loading. Ha! Ironic!!! Managers 'are unable to approve time sheets at this time.' Hope it's just the program. . .

Feeling lonely? Feeling you can't find the love you need? No worries, cci can help with that. Just get close to the supervisors and all your sexual frustrations will be healed. Shit get some of them drunk and who knows what you'll get in return.