What does this mean for workers and students?
https://www.insidehighered.com/news/2022/08/01/arizona-global-campus-buys-assets-online-management-contractor
6 replies (most recent on top)
How can you shame the students for requesting a discharge as your reason for closing your doors? A discharge does not require the school to return the money. I am confused please clarify…had you served the students with true intentions focused on quality education creating a stronger workforce your organization would not be listed as predatory…
@2lff+1i0AiMkf, Zovio should survive until at least 2023, with the Amazing Randy at the helm--and even if there are a number of lawsuits from shareholders. Too many cash payouts to executives if they can keep the ship afloat. To give you an example of how long a loser can last, take a look at National American University Holdings.
https://www.thelayoff.com/nau
And another 30%. It means Zovio is done
Here's the Earnings Call...
https://seekingalpha.com/article/4528257-zovio-inc-zvo-ceo-randy-hendricks-on-q2-2022-results-earnings-call-transcript
It means Zovio doesn't have much of a business anymore. They got rid of TutorMe, and the OPM business was most of their revenue. Just Fullstack Academy now?
Zovio shares down 33 percent today...
https://seekingalpha.com/symbol/ZVO