Thread regarding Education Management Corporation layoffs

CCI announces that it is ceasing operations tomorrow.

Are we next?

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Post ID: @OP+BczfR4s

10 replies (most recent on top)

@96264 - Low class attendance reduces educational benefit of being a student , thus the "worthless degree" and cumulating in "gainfull employment" legislation knocking the program out of existence. End result, un employable kid with a boatload of debt, that will most likely not be able to secure a mortgage for a home, buy / finance a reasonable car... it's a downward spiral, just like your toilet... ugh.... Things got to change...

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Post ID: @28sE+BczfR4s

With regard to roll call at the end of class, its another student pet trick. See if the books show lower then enrollment claims, they are in even more trouble. So what to do? Tell the student with a wink that they will still get credit no matter how late to class they show up. Students take the bait thinking they are outsmarting the system while in reality, they are being used as pawns buy EDMC to pad their otherwise low attendance numbers.

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Post ID: @2MxP+BczfR4s

917- The schools purchased by ECMC are unaffected.

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Post ID: @1w6T+BczfR4s

@sudonym - Yeah, it's a stupid policy setup by stupid people.

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Post ID: @1EIZ+BczfR4s

is anyone concerned about the crazy attendance policy at Ai? Only have to sign in to be marked there. If you enter at five minutes to the close of class you are still marked as being in class for the session. INSANITY!!!

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Post ID: @1BJX+BczfR4s

Part of the 4profit zombie college crash..................https://www.linkedin.com/pulse/edmc-keeps-art-institutes-students-staff-dark-dahn-shaulis?trk=mp-author-card....................https://www.linkedin.com/pulse/for-profit-zombie-college-crash-dahn-shaulis-5980844737412763648?trk=mp-author-card

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Post ID: @1Cf8+BczfR4s

917- If you have to even ask this question, you are a moron. Read the news, familiarize yourself with the facts (Not the ones that the company tries to fill your head with), but the REAL facts, and let us know. Doucheface

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Post ID: @1S3g+BczfR4s

Wow even after ECMC bought them out as a non-profit...more to follow on the industry as a whole

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Post ID: @19P0+BczfR4s

All campuses closed effective Monday, April 27

SANTA ANA, Calif., April 26, 2015 – Corinthian Colleges, Inc. (Nasdaq: COCO) today announced that the Company has ceased substantially all operations and discontinued instruction at its remaining 28 ground campuses. The company is working with other schools to provide continuing educational opportunities for its approximately 16,000 students. Corinthian said those efforts depend to a great degree on cooperation with partnering institutions and regulatory authorities.

(http://www.cci.edu/)

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Post ID: @O25+BczfR4s

April 26, 2015 12:00 PM Eastern Daylight Time

SANTA ANA, Calif.--(BUSINESS WIRE)--Corinthian Colleges, Inc. (Nasdaq: COCO) today announced that the Company has ceased substantially all operations and discontinued instruction at its remaining 28 ground campuses. The company is working with other schools to provide continuing educational opportunities for its approximately 16,000 students. Corinthian said those efforts depend to a great degree on cooperation with partnering institutions and regulatory authorities.

Campuses closed include Corinthian’s 13 remaining Everest and WyoTech campuses in California, Everest College Phoenix and Everest Online Tempe in Arizona, the Everest Institute in New York, and 150-year-old Heald College—including its 10 locations in California, one in Hawaii and one in Oregon.

(http://www.businesswire.com/news/home/20150426005017/en/Corinthian-Announces-Cessation-Effectively-Operations#.VT1Aca1Viko)

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Post ID: @tXh+BczfR4s

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