Thread regarding Career Education Corp. layoffs

The future of Career Education?

Can CECO onload the two remaining schools and do the servicing like Kaplan and Purdue? Or do they get purchased by a large hedge fund like University of Phoenix and Apollo Global Management? Do they slide down to nothing and get purchased like EDMC and the Dream Center? Or do they go down the road like ITT Tech?

It sounds like the clock is ticking if CECO is cutting corners,

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Post ID: @OP+PCzDOIV

9 replies (most recent on top)

For profit colleges are mainly just plain diploma mills and the world sees their degrees as such. There are some reasons to get these quickie degrees like: you are already employed and you need any degree to promote, You want to live off taxpayer money because you don't want to actually work, The government will pay you big bucks and you already get disability and sit home so why not, etc etc

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Post ID: @7fch+PCzDOIV

I figured that one out in quarter 2. After dealing with endless amounts of emails from Leads bi#$hing about how students are emailing them complaining about my grades and feedback I was like 'you can shove this....' and started passing everyone. Created this EXCEL sheet with canned feedback by IP and life was sweet after that. Helps if you have 2 monitors. Scan student work, scan for feedback blurb, c/p. You can crank through a whole class in under 30 mins. Lo and behold, I get a class each quarter and that is Vegas money.

No wah, wah, wah about scre#ing students over, please. These students WANT this kind of treatment. After having some dumba$$ with a GED try to tell me how to grade his work, I realized: They don't want to hear how awful their writing is and how lacking in analysis skills they are. CTU does not want to hear it either. Have it your way. I need $$ for Vegas baby.

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Post ID: @5vbd+PCzDOIV

I have found if you hold the students actually accountable, you will get less classes to teach. They won't tell you this, it just comes out that way. If you just pass everyone, you get more classes to teach. Has anyone else experienced this?

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Post ID: @5pis+PCzDOIV

Adjuncts make about 1500 for a 5.5 week course. Undergrad. Not sure about grad courses. Average class size in the business school depends. If it is a 'mandatory' class like Intro to Marketing you have about 32 in your class (read, insane amount of grading to do) but for specialty classes like a 400 level accounting class you can have 10. Depends. If you have one of those 'made for cheaters and morons' IntelliPath classes you can have 45. Don't trust the SEC docs. They fudge their numbers by adjusting the academic calendar, not counting 'drops' immediately, etc. House of Lies.

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Post ID: @4bow+PCzDOIV

The enrollment numbers have been relatively stable, according to SEC documents. Has anyone seen any increases in class size? How much do adjuncts make per course?

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Post ID: @4mds+PCzDOIV

CTU is hurting worse than they let on I suspect. I think I can see the end of this trail, its the same as several others. Too bad, it was fun while it lasted. Business is hurting too, fewer students compared to before. Very inconsistent class assignment for online. Makes adjuncts wonder.

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Post ID: @4fly+PCzDOIV

Online is hurting bad. I haven't gotten a class in 2 quarters and the last one I taught had 5 students in it. Buddy tells me it depends on the program. CJ is hurting. Biz is doing better but they are pooling more students into larger classes I gues to make more money per adjunct?

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Post ID: @3zet+PCzDOIV

I've noticed online appears to be really dropping in student numbers. Not a good sign.

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Post ID: @3zsr+PCzDOIV

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