Lower enrollments. Less revenue. More losses. Costs include more legal fees and lease buy outs. More transitions to online education. Continuing to work on dumping Cordon Bleu...................http://seekingalpha.com/pr/12713316-career-education-corporation-reports-fourth-quarter-and-fiscal-year-2014-results
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If CECO does not inform their students about the serious financial issues they face, will teachers say something?
How does this predatory company stay in business?...............https://en.wikipedia.org/wiki/Career_Education_Corporation
Sanford-Brown also under cash monitoring......http://graphics.wsj.com/table/educost0331
Colorado Tech under DoEd cash monitoring......http://graphics.wsj.com/table/educost0331
...and California Regent Richard Blum (Dianne Feonstein's husband) is cutting his losses...................http://www.insidermonkey.com/blog/career-education-corp-ceco-blum-capital-further-slashes-its-activist-stake-341113/
New CECO CFO David Rawden is a hatchet man (former Alix Partners).............http://biz.yahoo.com/e/150323/ceco8-k.html
CFO just resigned.....http://finance.yahoo.com/news/inplay-briefing-com-055139997.html#ceco