CCI's long history of obtaining funds illegally, criminal enrollment practices, and outright abuse of employees all came together to produce perhaps the most informative group of whistleblowers since Enron. CCI finally screwed over the wrong... — read more
Sale of CCi.
Many of you have patiently waiting for news on the sale of CCi. Their are many things to be concerned with the sale of this company. First eliminating staff and students and teach out sell the buildings equipment, or sell programs buildings staff... — read more
If there are criminal charges, who may go to prison?
Just wondering who could be legally affected if there are criminal charges...any ideas?
Bensalem - Close out Campus
Please CCI I'm planning my wedding, I have health issues with lower extremity edema. I need my medical benefits, so does my daughter and my future husband. I know you cut my pay, I'm a princess, I can't handle anymore.... Please help me
A $10,000 investment in Apple 10 years ago would be worth $456,347.03 today.
I won't bother with the other computation.
Corinthian has, after so long, finally broken the corporate veil. Behold the hidden treasures...
I installed a skylight in my apartment... the people who live above me are furious! I remember when the candle shop burned down. Everyone stood around singing 'Happy Birthday.' Whenever I think of the past, it brings back so many memories. Whenever I... — read more
“On every base, there’s a list of not-recommended businesses for active duty,” said D. Wayne Robinson, president and chief executive officer of
But the not-recommended list included only three schools: Everest College, Heald College and WyoTech, all owned by Corinthian Colleges Inc., which found itself in trouble with the U.S. Education Department amid questions about its marketing practices... — read more
What is happening at Socle?
There are managers, analysts and reps leaving. All this talk about Heald dumping us and layoffs coming. All the good ones are leaving and only the rats are left. We have to save money but they promote DS again and CB stays on the payroll for some... — read more
Still Hiring
I'm losing my job, and yet Denver is hiring more supervisors and managers in Denver. Can't they just ask people if they would like to relocate or are we concerned with toner and 10% cut in pay?
These COCO executives have some BALLS. They should be asked to take unpaid days off!! Read this crap below!!!
We have some difficult news to share with you today. Given continued declines in our company’s revenues and federal funding constraints, we will be reducing employee compensation. Employees will be affected by this decision based upon position... — read more
The famous June 12, 2014 letter that was the subject of the June 19 8-K.
http://www.documentcloud.org/documents/1262348-june-12-2014-letter-from-ed-to-corinthian.html#document/p7/a171976
This Friday is the First of Five
This Friday is the first of the five scheduled 10% reduced paychecks. Because of this, I am not quite as concerned about payroll being met, but rather, the impact on those affected. I suspect the first one won't be so critical, and it will likely... — read more
This is like watching a train wreck about to happen in slow motion......
You know it will be horrible, you know many will be hurt, you know that it is unavoidable.........and you can't look away.
CCi's interest rate went from 3.0% to about 15%.
On March 31, 2014 the Weighted Average Interest Rate was 3.0%, and then with the first amendment to the credit agreement, that was increased slightly. And then the rate was increased by second amendment increased to a minimum of 14.75%, plus the... — read more
Mechelle is gone... Who is next??
FYI Tampa Online - Mechelle Drake "left" this morning. I wonder if anyone else is going to be "leaving" along with her?
What does Fitzgerald do?
For those of you wondering, here is the information from ED: “Mr. Fitzgerald and his team will play a critical role in making sure that the Department is provided with an accurate accounting of Corinthian’s operations to ensure students are protected... — read more
Dear Cairee Gibson: Your letter to Durbin was TERRIBLE!
It lacked facts, supporting statements and was so vague to almost make no sense of your point. But what is missed most is exactly what Everest lacks: heart and compassion. You can say words. But reading your letter, I felt like it was a bad draft... — read more
Who controls your future? DOE? Jack? Ouiji Board?
When the end arrives - probably sooner rather than later - there will be much gnashing of teeth and shedding of bitter tears by those who steadfastly hoped that there was a future for them at CCI (or whatever it becomes). Hope is not a strategy. Take... — read more
Really? There are emotes who really think CCI will resurrect itself?
That's very sad to me. I'm debating 2 job offers now. In 5 months, if you wait, there probably won't be severances. And you'll be competing with jobs with friends and colleagues. 12,000 people looking for the same few jobs. I'm not letting shithead... — read more
O.M.G.
We are all in shark infested waters with no way out. If you cannot figure out how to get out with your dignity in tacked then you will be eaten alive working here with nothing to show for it. A tip for you, if you have to look for a job it is easier... — read more
Everest Director of Education Addresses Senator Dick Durbin
http://mycareercounts.org/news/everest-director-of-education-addresses-senator-dick-durbin/
Important Information about the Sale!!!
There ISN'T one!!!!!!
The Big Announcement: There is NO big Announcement!!!
Because nobody knows anything!!!
Tired of the Lack of Transparency
The lack of information from management is not surprising, but disappointing. I am adjunct faculty, and feel that we should be informed along with the students and other employees, even if this means daily e-mails. I am new to this college, but will... — read more
Any modular instructors out there, required to teach 40 hours per week?
We are being required to teach 40 hours per week. The campus president is pushing the issue, even though it's against the ACICS guidelines. Anyone else in the same boat?
Just a reminder.
I know this has already been posted but just thought I would post it again for the people that are new to the site. From May 2014: http://banktalk.org/content/contemplating-calamity-corinthian-colleges-consider-cashing-out
The most compelling piece of news since September of 2013!!!
I recently went to the hardware store and I bought some used paint...it was in a shape of a house. I also bought some batteries, but they weren't included. So I had to buy them again. I was once walking through the forest alone. A tree fell right in... — read more
Stop Posting about Big Announcements and Sales!
Employees Believe those Lies!!!
Stop Posting about Bog Announcements and Sales
People believe those lies!!!
Announcement?
Has anyone heard anything about the Heald sale? We were told there'd be an announcement today, but no one knows anything. They're acting like they never told us there would be any announcement today.
I think if there's a sale, it will NOT be for a college. ITT order processing or some other focus. Loan debt collection.
They're likely getting out of the college business. Though it's debatable whether they function as a college now. Or they'll just sell off whatever real estate they can and close. Just from what people are whispering, that seems the direction.
If you work at a campus or anything to do with admission please know you most likely will lose your job but the CSC jobs are the ones that
CCI is fighting heavily for.
Here it come???
Ok so here I am on a Florida morning and just been introduced to Dave Hawn who was introduced to me as president of ECMC along with some dude named Dan Fischer, and a lady named Jan something or other... didn't get her name or what she does. Never... — read more
Ok, consider this. If you think CCI cares about your fate, how happy are you right now?
They don't give a crap about us now, why would they worry about OUR futures?
There's NO sale. Even if there were potential buyers for CCI, DE would unlikely let them sell because of the criminal investigation.
Any sales will be property ONLY. CCI is not a valid, sustainable business.
SOCLE Promtions
Nice to see upper management at SOCLE still getting their promotions, going from AVP to now VP. Must be nice.