So wether it be from state funding or private purchase it would appear the schools will be saved.. Laramie at least? It's a good thing for a great institution; and I for one am happy it will have new lease on life and better leadership going foreward. At least someone sincere to help ensure its success.
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So what your trying to say is ECMC is NOT selling WyoTech to anyone. The plans have always been to teach out and close it.
Well we were hanging on to hope. Jeremy disclosed a non disclosure agreement that Wyo tech will be closed down. The reason I am posting this is that I was told about this so no one can trace this back to me. I just want the god folks at Wyo Tech to just find another job soon.
The federal government under Obama regulated how recruiters were paid, not CCi. Obama made it illegal to pay recruiters a "commission based" pay scale and required they be paid a preset salary. That turned out to be a good thing and a bad thing. The enrollments went down, but at least we weren't looking under bridges for homeless people to enroll. Also, the licenses, accreditation and such are not just transferable, all have to be applied for and approved by state, local and federal agencies. True, the government rushed through the ECMC buyout of CCi because they has skin in the game. Normally it takes 6 to 18 months to get all the paperwork filed, approved and returned. With the schools in teach-out and scheduled to close in three months, there's no rush for the government this time. In fact, the government wanted these schools shut down in the first place and won't be in a hurry to open them back up.
It was always terrible that a good trade school got caught up in the for-profit-school scam!
It's all conjecture until some development takes place. I still assert there's a demand out there to be met, and that a real opportunity exists to change the m.o. of how we approach education. The success once attained as a for profit was providing reps with incentives to enroll new students, when the capped their salaries enrollment crashed. It wouldn't take long to rebuild student population imo. The accreditation would be transferrable if some of the staff is retained that had been certified to teach in the states within the recruting areas. Who knows where it goes as it stands we know it ends in July. Anything else is a roll of the dice.
New ownership would have to apply for state and federal Department of Education approval and apply for transfer of accreditation. WyoTech is accredited by ACCSC. All that could take up to a year.
I am wondering how accreditation would figure into this if ownership changes. Would it still be VA approved or would ACCICS still approve new ownership?
I wish I could find the article from the ECMC / DOE agreement on the sale. I know they were prohibited from closing or selling the schools for 3 years from the date of the sale. I believe there was a 5 or 7 year clause that prohibited any of the schools returning to for-profit status which would nullify the Mathis proposal. Even if it was approved by the DOE it would take 6 to 12 months to get all the needed approvals from all the agencies involved.
ECMC has no intentions to sell Wyotech or any of its three Altierus schools remaining. This has been a gradual shutdown from day one with the DOE under the Obama administration. They cut a sweetheart deal to get student loan default deals as part of their portfolio. If you sit back and think about it there is no doubt especially with the higher ups they hired to run the schools. They could have sold some schools if they wanted to or had intentions to. It is over.
For the last 7 years they couldn't fill one campus let alone two. ECMC should have consolidated the two main WyoTechs three years ago and maybe they would have stood a chance of surviving. Also, remember Jim Mathis opened an automotive school in southern Virginia shortly after CCI bought WyoTech and it didn't make it a year before closing the doors .
It's alot of speculation but I fell the name wyotech is done regardless. IF two campuses were purchased it may remain. But if only Laramie is bought it would go back to what it once was Wyoming Technical Institute. JMO.
If ECMC closes Wyo tech it is over plain and simple. It will not be resurrected and ECMC owns Wyo Tech trademark name so the only thing that could be done if ECMC doesn't sell the name is for an investor to open up another school in Laramie. Without the brand name game over.
That's unfortunate. But there's always option C.. letting it close entirely, as ECMC seems to want have happen? Which may be for the best from a perspective buyers point. The reasons already stated suggest why to not invest now, the loner the wait the cheaper the price.
Looks like the Community College idea isn't going to work out for lack of government funding which leaves Jim Mathis the only saviour left. The biggest problem with that is there are no students in the pipeline. WyoTech would be starting over from scratch with a very tarnished reputation and even so, he is only interested in the Laramie campus at present time. Would be very expensive starting 2 or 3 campuses from scratch and would make success even more difficult. Remember Zenith got rid of all enrollment reps last November so the first step would be hiring a recruitment team. Most all of the present employees will still be left go and any new hiring will be on an as needed basis, probably at a much lower salary with less benifits.
150 - 200 in Laramie and Blairsville. Daytona 50 - 75
I'm thinking somewhere in the 200-300 range in Blairsville not sure of Laramie
How many students are left after Friday's graduation?
Jim Mathis can be Einstein but he still cant change perceptions out there on students relocating to a automotive school in Laramie or the fact that it has been announced that Wyo Tech is closing. The staff that remains at this point is probably not quality or they have no other options as Laramie is not a hot bed for jobs outside retail. The Admission Reps that are good have moved on now with other jobs and if not may not be quality. The problem is that ECMC ran a for profit school as a non profit and did not manage the reps accountability so many of them were not doing too much to begin with. If Jim buys the school good luck on going back to goals and quotas to this previous bunch of reps. If he hires rookies outside the industry it will take a year or two to get results which he does not have that kind of time. I believe his heart is in the right place and he might have been able to pull it off if he purchased Wyo Tech before the closure was announced. Either way this will be a very difficult task.
All this cross talk means nothing until ECMC makes a decision. On one side is Jim Mathis. He is not stupid. I am sure he has taken into consideration all the things mentioned in the other posts and more. I am sure he has a vision- a plan. He has been around to long and is not in this to fail. On the other side is LCCC. Again I am sure they have a plan. And being involved with the state maybe the Hathaway is part of it. But again it's all speculation until ECMC decides what it is going to do. That has to happen soon. The high school class of 2018 graduates in a little over 2 months. Current employees are looking at life after Wyotech and are getting ready to move on. Without students and staff ( there may be staff, the ones who can't find employment elsewhere-----quality employees?) there is not any point in keeping the school open.
You make some valid points as well. I think the community college route is no different than a student attending a high school vo tech program and in my experience (sadly) those who have came from that background are at more of a disadvantage than students without previous knowledge pertaining to automotive repair, simply because they have a false sense of self confidence. Reality is that generations have changed, how kids today think, rationalize, learn and retain knowledge is a completely different animal than generations previous (mine included). But we however have not changed our approach in enrolling and educating them. When was the last time you taught from a current updated cirriculum? Or changed the way you present information. I m wholly willing to guess our competitors are the same so it's no coincidence their business are spiraling as well. It s very easy to get in a habit of repitition.. my lectures are almost automatic in delivery, as if I'm in some type of trance it's easy to become that way saying the same thing every three months four times a year. YES-we look bad in the public eye our reputation has suffered terribly, but on the other hand it could be an opportunity to flip the industry and retool the approach to education, offer something different for a change.
You make logical points but again you are dealing with todays perception. The media has made for profit schools look real bad and Obama doubled down on it. 4 year colleges are also declining in enrollment as people do not want to take out loans. 35-40 k is not chump change. Remember people are not stupid and think 35k is 4k a month for 9 months. I agree that it is a worthwhile investment but many people do not and that is why UTI and Lincoln Tech are hurting too despite the fact that they advertise allot. The damage has been done and many students wanting careers in the automotive industry will just go to community colleges and go for little or nothing and in some cases make money of they get pell grants. Wyo Tech will have to do major damage control if they announce they are reopening as their competitors will always point out they closed at some point. I think Wyo Tech can still get 300 or so students but days of 1000-2000 are over unless they hire 100 -120 reps like they did in the old days. In the old days with the manpower and the media leads that were received a 8 year old could have enrolled students. Times have changed.
Again I may be overly optimistic, but I disagree. In the last decade from the top down nationally, the push has been to filter kids into four year colleges, which is fine but not for everyone. Take this into consideration the cost of a 9 month tech education wyo or not is roughly 35-40k no small amount, however a four year traditional college...120k possibly more? Plus four years of one's life. Now I'd estimate a student with a tech education has the potential to make $13/hr starting salary post graduation, meaning their education investment in theroy could be covered or nearly so in one year in the workforce..again just in theroy. How many jobs that require a bachelor's degree pay $60-70/hr starting wage? Not to mention the fact that at 22 years old if a student is successful and comompletes their education on time, some of them (hopefully) will be thinking of marriage or moving out on their own buying a car etc how long will it take to pay back their student loans and start a family? There is indeed a danger of a sudent loan default bubble bursting, but not from tech schools. They are soft targets to be straifed during government bombing runs when trying to take a proactive stance in regards to a potential economic crisis. And so here we are. Also of note there is a huge demand for techs across the industry at the moment and that need will not be filled now or anytime soon. The potential is there the pieces need aligned and set in motion.
I started working at WyoTech under Jim Mathis and yes, that was WyoTechs hey days. The problem is, that was many years ago and things have changed. Back in those days technical schools were busting at the seams, and not just automotive schools, all technical schools were. In around 2010 the industry started on a decline and has continued on a down hill run. No matter who if anyone purchases Wyotech, it will never return to what it was.
Very logical explanation and totally agree.
No not at all. That was my point. The reason given for the Wyo closures initially was and still is that they were destination schools, and they in themselves are outdated or not suited to our student base. Which is BS! No comparison of any tech school to a MAJOR University. Even if you are a Cheyenne or Casper resident who travels to Laramie to attend UW you are a destination student. Granted the way we learn and teach theroy is dated and needs re-evaluated, but students still need hands on experience in the shops/labs to actually practice a skill.
Sorry ECMC never stated that destination schools are successful. If you read the CEO's statement of the closure announcement last November he stated the opposite. Please do not try to suggest college students travel to Notre Dame, Michigan etc and act like a fair comparison. This is a Automotive college in Wyoming. These students can stay at home through community colleges. I agree Wyo Tech is better then community colleges but perception is not really and much cheaper to stay locally. 100% agree on the Obama agenda as he screwed this industry
Indeed in the hey day. But we suffered heavily in a time when all post secondary schools that weren't four year traditional colleges were under attack by the former Obama administration. Since when do folks NOT travel for an education? If tech schools are destination schools (as ECMC states) then so are 90 pecent of all colleges in the world! Agreed IF jobs are offered under new ownership they will be at a significantly lower salary rate. As long as the severance comes through as promised by ECMC, I think most people under wyo employment will walk, and everyone may be better for it.
I believe Jims Leadership was back in the Hey Dey when everyone was thriving. The schools are all hurting now including the competitors and more and more students do not want to relocate especially to freaking Wyoming. If this model was to work and thrive the Community College should step in and run it. They should also just have Representatives working the bordering states and not all over the country as many students will not relocate. They will also need to heavily advertise and market their school which will cost allot of money as the brand has taken a huge hit since the announcement of the closure. If Wyotech is happy with 300-400 students a year at best it can survive. If not it will close again. If you are a Wyo Tech employee or former one chances are you will not get hired back if gone and if so huge pay cuts.
Agreed ECMC would prefer a non profit...the same way I would prefer to win the lottery. A for profit school does not mean preadatory practices and or defrauding students.. to say so is imbicilic. As a for profit institution everyone has a horse in the race, what's good for the students is good for the school, the employees of the school, and the industry. The company was beyond great under Jim's leadership bursting at the seams with enrollment and producing quality graduates by and large. ECMC will sale to anyone with a viable plan to take over ownership losses be damned. Does anybody think they want to be property managers of vacant buildings for the next 8-10 years? Nope. Regardless the school would thrive again under Mathis, it may take some time but he's an intelligent man, the fact he's in a position to make the purchase in the first place will tell any skeptic that.
WyoTech doesn't deserve to be saved. Those schools ripped off thousands of students for training that was less than they could have gotten at a high school Auto shop class. Just let the doors close and be finished with the scam that was WyoTech. If the sale goes through it will become a for-profit school again and return to the same old crap of chasing low income and homeless people to fill the seats and pockets of the share holders.
The deal isn't done yet. There's a clause in the deal ECMC made with the DOE that forbids the sale of any of the schools to a for-profit entity which could rule out Mathis. Also both parties are only interested in the Laramie campus at the present time.
I always thought Wyotech could be salvaged if they took it serious. It was a t one time a good school and it is a tech school. It was Everest that was always the ripoff, pretending to be a real college with a degree. It was a worthless degree, actually hurt you in getting jobs as the school was such a joke, it showed you just bought an internet degree. We the taxpayers footed the bill for all these losers to waste time thinking they were getting something of value. Most of them got what they deserved, but a few just weren't bright enough to discern the differences in colleges, real and fake, and got played.
Good to hear on Wyotech. I just hate hearing that the bad Assistant deans got jobs at other for profit schools and now will be ruining them