Bet the shareholders would flip over the amount of waste and lies this company commits. Time to contact the IRS.
15 replies (most recent on top)
Who cares, niggers lives don't matter anyhow. They are already written off as a drain on society. F*** them!
Left with 'hardly any debt'? Why should they be left with ANY, they got no degree and no credits that will transfer. They lost time they could have used anywhere else that would have actually been worth something. 'Hardly any debt' will still take them 5 years of every spare cent they have to pay off.
In other words, pretend that the first semester at UOP is like the equivalent of placement exams such as those in community colleges or the SAT. If you would take the entire amount of applicants who attempt the exam and count them into their grad rates you'd probably find yourself at some ridiculously low number as well. Instead, UOP places those basics at the forefront to help establish basic academic skills. Many don't make it past that threshold as they are incompetent but then again they are not left with much or anything to pay and instead the institution is stuck with bad debt. If UOP was all about the money don't you think they would of had a much better system to 'weed' out that student? No, instead they provide even the incoherent some guidance and support to give them a good shot. If they themselves cannot make it past some simple steps then we know they are there for the wrong reasons.
Graduation rates cannot be counted the same as those who cater to a different student demographic. Yes, I agree that 7% is pathetic but there's also many "try it" people that drop out within the first semester. These individuals are left with very little debt if any at all. It's the rest who make it past maybe first or second semester who maybe should be counted. At the end of the day, if Feds adjust their bad lending habits, the market and education provides will force themselves to make appropriate changes. Look at the automobile industry with regards to EPA regulations.
@Scamsters, sadly, most of the capital comes from institutional investors who have little interest in Apollo Education Group or University of Phoenix. What's interesting is that sometimes goverment entities (e.g. states, state retirment funds) own large amounts, but even they don't care when you try to talk to them..................... http://www.nasdaq.com/symbol/apol/institutional-holdings/increased
@215--are you retarded? Remember the 'huddles' and managers forcing EAs to make projections for the day? @219-yes, 50% as a national grad rate is pathetic, but UOP is a whopping 7%, dipstick. I'm enjoying watching this fake, fraudulent school fail. It's a fing scam, and it's going to close. Burn Phony Phoenix...and you will NEVER rise again. All former employees, please contact the FTC and DOE with information, physical documents are best, but if enough people blow the whistle, UOP will be just like Cosby: Plucked and FED. Do the right thing former and current employees.
@215--are you retarded? Remember the 'huddles' and managers forcing EAs to make projections for the day? @219-yes, 50% as a national grad rate is pathetic, but UOP is a whopping 7%, dipstick. I'm enjoying watching this fake, fraudulent school fail. It's a fing scam, and it's going to close. Burn Phony Phoenix...and you will NEVER rise again. All former employees, please contact the FTC and DOE with information, physical documents are best, but if enough people blow the whistle, UOP will be just like Cosby: Plucked and FED. Do the right thing former and current employees.
Institutions are just doing what is legally allowed. People are finally beginning to realize that our entire education system is fed. So immediately it's time to play the BLAME GAME. Do you really think that having a national average of around 50% graduation rates is sustainable?? hell the fff no!! It's always been this way. Government screws up and there they go....let's see who we can pawn this screw up on! oh, they seem like a good dummy, let's f their whole shit up!!
- I hear you. Keep doing the right thing.
Everyone on here is full of shit. You all know very well that it's not the institution committing fraud. It's always the Feds who have provided each person thousands of easy access federal loans with high interest without any sort of pre-qualification that is pre-qualified. Instead they allow poor people to get $6k in tax money each year when they have very little contribution to this economy. Why not make it be all loans but if you successfully complete your degree from a qualified institutions (be it online or not) then you get rewarded. For example, loan forgiveness, zero interest. Instead the system is all backwards. Money is given to the poor, while those who have made a bit of a better living have to fend for themselves. It's stupid really and I blame our stupid goverment for it.
I'm talking with the FTC and DOE. I worked at the Phoenix spread for more than a decade. I urged the executives to stand down and walk a straight and honest path, but I was rebuffed. I finally left for another job. This was in 2009. The school is run by crooks and seriously mentally ill managers.
Yeah, I am moving to the next cube. So they pay a guy 200 bucks to pick the box up and move it to the next desk. Hmmmmm, then reap the benefits of thousands in tax write offs per person. Please tell me how they get away with that shady horse manure. There is no way that is legit. I thought the tax code had a minimum distance on moving employees.
APOL stock falling each day not by a lot but incrementally and inexorably each trading day. Goes without saying, the proof is in the numbers. This one trick red pony has got the strangles.
Sleazy businesses do sleazy things. Every former employee that comes forward with info helps to stop the waste of taxpayer dollars in the future. Ideally all of the CEOs of these criminal enterprises should be doing time.
You are correct. What 'legitimate' institution of higher-learning plays musical cubes with their advisors? This company has never cared about education, but they do enjoy manipulating prospective students and cowed advisors with high-pressure tactics found on a car lot.