Thread regarding Education Management Corporation layoffs

Corinthian is dead, EDMC is a dead man walking and so is UOP. The days of stealing the people's tax money to pay outrageous tuition are over.

When I started in what was the beginning of "The Center" do you know what better that 90% of the calls were about " Where is my stipend?". It was a joke. People had caught on that if they applied for a student loan, regardless of whether they attended classes or not, they would get a stipend. Sure, take out a $10K loan, wait long enough and you would get a $1,000 to $1,500 stipend. Never mind you had to pay back that loan, just default on it. That went on for years until they made it so that you had to pass the first few classes before getting a stipend. Corinthian went down, EDMC is going down and so will the great Apollo group.

Khan Academy has been around for years now: https://www.khanacademy.org/

There are 1100 Free Online Courses from Top Universities on the web: http://www.openculture.com/freeonlinecourses

Not to mention President Obama has proposed a Free Community College Plan : http://www.usnews.com/education/community-colleges/articles/2015/01/16/obamas-free-community-college-plan-what-students-need-to-know

EDMC thinks it's going to sell the services of "The Center" to other schools? They are unethical, they have been accused of being involved in a GI Bill scheme and the list goes on and on. What kind of company would buy services from such a company. What are you waiting for? Severance? There will be no severance package. You will be terminated for extremely vague reasons with nothing but a 401K to cash out if you have one. Update your resume` and start looking, get out now before you are left without a pot to piss in or a window to throw it out of.

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Post ID: @OP+B5LZgeG

6 replies (most recent on top)

@ 045....he is telling the truth, and public information. So long as he is not lying, slandering, or defaming anyone he is not breaking any law or subject to any lawsuit.

If he were talking trash and such, then yeah he could be sued.

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Post ID: @4q7L+B5LZgeG

Hmmmm....board hijacker...KKR has very deep pockets and CK is just the type of jerk they will vilify...I hope he keeps poking his head out...it is like whack a mole...in fact, perhaps I will start posting as him and really make him squirm....

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Post ID: @2oFn+B5LZgeG

@700

Yeah, like EDMC will have the interest or money to go after an activist like Camden. Please, their a**es are about to burn in the frying pan and the feds are holding the spatula. You are too blinded to see that beyond the EDMC phallus in your mouth.

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Post ID: @2TST+B5LZgeG

CK...do you have any input other than shit that can be googled? Wait...I hear your pimp calling...BTW you post where I pointed out you are a bullseye for a lawsuit from EDMC disappeared...who's d did you polish to make that go away...no worries, I have a copy.

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Post ID: @2wxa+B5LZgeG

Said the recently fired and obviously disgruntled employee at the center...

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Post ID: @1aPt+B5LZgeG

Not only COCO, EDMC, and APOL (University of Phoenix), but many in between, including ITT Tech (ESI), Career Education (CECO), Ashford University (Bridgepoint-BPI), Lincoln Tech...

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Post ID: @gvs+B5LZgeG

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