Topics regarding layoffs at ECMC

Topics regarding layoffs at ECMC

How did I miss this?

https://www.insidehighered.com/quicktakes/2022/04/26/ecmc-close-its-3-altierus-career-college-campuses

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| 900 views | | no replies yet
Post ID: @OP+1k8S2X8U

College Meltdown 2OO3

https://ecmcgroup.org/news/group/national-study-finds-high-schoolers-keenly-aware-of-current-in-demand-jobs-impacting-education-choices-after-graduation

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| 660 views | | no replies yet
Post ID: @OP+1jsG7VIO

Student loan forgiveness

"The new policy will help around 1.14 million borrowers who defaulted on student loans taken out under the Federal Family Education Loan Program. " https://www.yahoo.com/lifestyle/one-million-student-loan-borrowers-155614007.html

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| 881 views | | no replies yet
Post ID: @OP+1adYHIqW

CFPB investigation

"Last week, the CFPB appealed to a federal judge to force ECMC to produce documents in association with two civil investigative demands. The investigation involves allegations that ECMC deliberately forced student borrowers to incur additional fees... — read more 

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| 1530 views | | 1 reply (March 31, 2021)
Post ID: @OP+1a1M17ZM

Position eliminated and I wasn't even informed

Boss called this morning. Allegedly my position was eliminated on Friday and hr was supposed to have emailed me, called me and sent me certified mail . None of that happened so was caught totally unaware by the call this morning.

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| 1310 views | | 1 reply (October 24, 2020)
Post ID: @OP+151nRKzF

SLABS

Is there anyone here that can tell me more about ECMC and Student Loan Asset Backed Securities?

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| 823 views | | no replies yet
Post ID: @OP+13vdjY2h

Education Innovation Ventures

Can anyone provide a list of partners (in crime)? https://www.prnewswire.com/news-releases/ecmc-foundation-expands-funding-to-for-profit-sector-300608906.html

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| 1760 views | | 1 reply (January 18, 2019)
Post ID: @OP+XbY4sGS

College Meltdown shows few signs of slowing in 2019

"Student loan debt continues to rise. In 2018, there was a significant number of news articles disclosing the negative effects of student loan debt on the lives of Millenials and their families."... — read more 

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| 1361 views | | no replies yet
Post ID: @OP+X4H9VYa

Town Hall Meeting

Will the Executive Team address what is going to happen with the Santa Ana office? Dave Goff continues to assure us that ECMC will keep the office open. But with the lease agreement ending early 2019, no new property evaluations happening; is that... — read more 

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| 2430 views | | 9 replies (last December 14, 2018)
Post ID: @OP+SZFyGlS

Is it true we are looking at April layoffs?

Been hearing plenty of rumors around the office that we are looking at some major layoffs next month. Can't find much on it anywhere else, though, so I'm not sure what to think. I was wondering if anybody here has heard some more about it and has a... — read more 

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| 2182 views | | 3 replies (last March 29, 2018)
Post ID: @OP+S6RuWYU

W2

So what happened to our W2? Got letter to say it was wrong and would get new one. Thanks, I already filed return. So do these idiots pay for my amended return?

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| 1562 views | | 1 reply (March 7, 2018)
Post ID: @OP+RPeKs9W

Secret ECMC Group Meeting

Anybody have a clue about meeting in 14th floor conference room? There's a Do Not Enter sign & they've put paper on the walls to keep people from looking in. What do they have to hide?

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| 2841 views | | 3 replies (last November 8, 2017)
Post ID: @OP+PAhFdfY

Typical Goff

How to win over the minions Make them stay late to shake hands

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| 2160 views | | 3 replies (last November 30, 2017)
Post ID: @OP+PrPVoVm

What's the plan, dear leaders?

I've never felt more rudderless at ECMC than I do now. What's the strategy? Where are we headed? Please tell me there is more to this place than signing up defaulted borrowers for loan rehabilitation. Who is our leader? When are we going to hear... — read more 

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| 2401 views | | 3 replies (last August 19, 2017)
Post ID: @OP+OPNCuTu

Who is running ECMC now?

It's seems like a group thing. Are they still getting default portfolios from other guarantors due to their "special deal" with the Department Education?

On the brighter side

We are really good at collecting on defaulted loans from former students that never finished school and can't find a decent paying job. Makes me proud.

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| 2266 views | | 1 reply (June 25, 2017)
Post ID: @OP+NW6nTYc

The company is in decline.

I think the last person who should be blamed is DH. He literally helped me save my family. The guy has the biggest heart of anyone I know. He still checks in with me to make sure I'm taking care of my family. If there is someone else like him at this... — read more 

Going Backwards

Been there many years. It's been so sad to watch ECMC be a wonderful employer and great place to work turn into such a crap hole. Zenith was such a huge mistake and no one cares to turn it around or just scrap the entire thing. Dave Hawn wrecked the... — read more 

Declining culture

ECMC is not the same. We have lost our identity. We need a single leader. this group approach isn't working. Decision-making is too slow. Senior leadership is not very friendly. LOTS of jobs open downtown!

Sweat shop master

I hope there is an investigation by the trump administration. Nothing is better for faculty since ecmc took over cci. Benifits are higher cost, work day is 12 hours paid for 8, you have to work unpaid overtime for what used to be paid holidays, new... — read more 

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| 2423 views | | 5 replies (last January 24, 2017)
Post ID: @OP+Lqb6FV9

What does ECMC do?

A multi billion dollar profitable nonprofit collecting on taxpayer guaranteed student loans. Enough is enough. Feds need to recall all accounts and shut this and all other guarantors down. It would save hundreds of millions of dollars. Trump needs to... — read more 

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| 2680 views | | 4 replies (last May 10, 2018)
Post ID: @OP+KZ7SZAL

IT not running the company!

Hey, I still work there and I'm in IT. It's not so rosy. Dave Hawn intervened early in the year and talked a bunch of us into staying. In exchange he flew the coop. Most of us are now looking. benefits are great so most of us are being picky but... — read more 

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| 2760 views | | 7 replies (last January 19, 2017)
Post ID: @OP+KTomS87

End game with Zenith?

How long does ECMC continue to subsidize Zenith? Are any of the Zenith campuses profitable?

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| 2253 views | | no replies yet
Post ID: @OP+KmjzSMU

Board should do the right thing

And resign right along with Hawn. You purchase a company and allow the DOE to dictate terms on a transition plan for a business you know nothing about. Any of the CCI Execs could have stayed on for a six month transition and taught you minimally what... — read more 

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| 2782 views | | 3 replies (last August 11, 2016)
Post ID: @OP+IOuLoMy

ECMC gives $250M to Zenith

The ECMC governing board will give $250 million to the ECMC Foundation to support Zenith. Peter Taylor, will become Zenith’s president and CEO. He replaces Dave Hawn, ECMC Group’s president and CEO, who also has been Zenith’s interim leader since its... — read more 

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| 2540 views | | no replies yet
Post ID: @OP+ICiYYWm

Podesta Group Payments Up to $580K

Podesta Group continues to lobby for ECMC--taking in an additional $90K. Podesta Group has strong ties to the Clinton campaign. Brothers Tony and John Podesta started up Podesta Group in 1988--and the lobbying group is one of the most influential... — read more 

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| 2915 views | | 4 replies (last November 21, 2016)
Post ID: @OP+HL3BM1w

$490K in DC influence (Podesta Group)

How much value did ECMC get from having Podesta Group lobbying in DC? Three of the lobbyists were "revolving door" folks.

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| 2174 views | | no replies yet
Post ID: @OP+GMinKpi

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