Sale was finalized, now enrolling new students.
24 replies (most recent on top)
Yep the Good Ol Boy Laramie group s---ed. They think they have all the answers. When you had a boat load of media leads in year 2000 and dint have to go in High Schools may have worked. Technical Schools and media reporting was killed as rip off schools. You throw in reps that cant close an eskimo with hot cocoa no way they make it. CP s---ed, FA director s---ed and they didn't even work hours to maximize different time zones that were recruiting students, and need I say more DA s---ed on Campus…. Let me see lets sell students on programs they dont want to maximize cohorts. LOL if they do the same model outcomes s--- and out of business.
heres praying for a speedy bankruptcy
FOund out today who the returning staff will be. Appears that all of the good ol boys flat knee club will be returning. Gonna be funny when they are all in the boss.s office braggin themselves up and no body is taking care of students.Doesnt seem like the way to make a school survive by driving it down the same bath that just destroyed it Maybe this will have another speedy demise?
More and more dealerships are hiring entry level technicians out of local vo-tech schools and training them through mentoring with senior technicians and factory training. They have found most graduates of schools like WyoTech come in being so deep in debt they can't afford to buy the necessary tools they need. Many don't last more than a few months and it gets very expensive hiring and training new employees every few months.
I do not think Mathis has 5-10 years to make it work. I believe he has 1-2 years max. The money will run out and closure will follow.
It will FAIL. Mathis is flipping to For Profit. The instructors are horrible. 2 years tops.
Been a while since I posted here and this will be my last word on the matter of Wyo tech. The school will suffer through some hard time in the near future, but will ultimately be ok. It may take 5 or 10 years but it will be fine. I'm not a staffer from there but I can tell you why Jim Mathis is not a sheep subject to corporate heads full of terrible ideas that are blindly followed without question. In the ill fated words of Gondon Geko "GREED IS GOOD" which is true for the former Corinthian execs who I can guarantee are doing JUST FINE as we cry in our Cheerios (pun) each morning. Bottom line is there are winners in this whole played out saga sadly they set atop thrones at either a corporate level or a federal government level. But THEY won what happens next shouldn't concern any of us as it is in the PAST. So polish your Parthenon column look upon it with pride a say to yourself I remember the good ole days. Peace out!!
My favorite part was when DOA's at the campuses tried to " sell" reps on selling students electives that made no sense but they wanted to build their cohort to start that class. Let me see you want Diesel dont do Advanced Diesel do HPPT..LMAO! Total Scumbags!
The funny thing about the elective classes is very few teach a marketable skill. They are mainly money generators for the school. HPPT teaches how to break nearly every regulation in the book or void all factory warranties. Most all the instructors of HPPT could be fined or possibly face jail time for helping students recalibrate and bypass federally mandated emission standards on their street driven vehicles.
The 12 students are previously enrolled active students taking elective classes. These are not new enrolled students. They have been there for over a year. So far, the books have ZERO potential leads.
There are 12 students in class. Next start is the end of September, let's see how that goes.
RELAX Peeps -
Lets see how they are in 6 months?!??! Bwhahahhaha
Oh and lets understand the word "enrolling". Just because you are allowed to "Enroll" does not mean you have students lined up around the corner beating the walls down wanting to go there. At last count per today, there were ZERO "enrolled". Admissions will have to scrub their lead sheets and beg the potential student to come back. If they have not already enrolled at another tech school. Trust me, this ain't turnkey. If they don't sit at least 150 butts every 3 months, say Buh BYE Wyotech.
The problem is more and more kids of this generation are not interested in careers in Auto. You can further look at the fact that HS are doing away with many of these programs. You can throw in the fact kids do not want to relocate as much for a tech school especially one in Wyoming as if they relocate they will go to s-xier locations. Wyo Tech will now have to explain to students and parents/teachers that they will not close again as I am sure UTI/Lincoln Tech will have a power point presentation on the closing of Wyo Tech. Many teachers may not allow Wyo Tech reps to present in their classes because of the closure which will make HS recruitment more difficult. The other issue is if the Mattis guy doesn't want to spend money on media leads lights out.
Have to disagree with you. The beginning of the end for WyoTech was the decision to drop the high school program and focus on the veterans. When we dropped the summer seminar for high school vocational instructors that was the biggest mistake ever made. Those instructors sold WyoTech to their students every day. They were the best recruiting team we had. They produced more leads than all the tv adds combined.
I will just say, I hope Wyotech makes it as a technical school separate from Zenith. Everest was the cancer that killed the whole thing, Wyotech might have a future, I hope so. Good tech schools are in need. One major problem with the Everest's (and Democrats) in the world is they think everyone should go to college. Not true, many people should go to tech schools and are not cut out for college, many should never go to college, its just a debt generator for them, they are not capable of benefiting at all from college. This country has wasted so much tax money on allowing people who should never go to college to receive money to attend college. It was and is wasted on many.
If the Field reps are not getting media leads lights out. They cannot generate quality leads via HS presentations and they just s---ed.
Well if they are looking for good reps they better not hire any that worked there in past. Even the “ heavy hitters” of old times weren’t that good and they were giving away free housing and zenith grants lol
With a good marketing plan and real sales reps that have a clue, the student population will grow tremendously. What CCi had in place was a joke and the Zenith Group as well, it was a miracle there were any students at all. Zenith had reps that were not producing any new students and still kept there jobs; almost like a government job, but Zenith was nothing more than a cover job to kill the schools for the Liberal government establishment in the first place. John DePodesta is tight with the Democrat party and did whatever they want since the DOE is how he makes money.
The optimism is thinking the school will last a year. For the last 3 years the couldn't enroll more than 300 students. Now since the school was left for dead for the last six months and the other campuses shut down, who will want to go there?
The optimism on the site is astounding! The Legacy Lives On at WyoTech-Laramie. We thank you for your support.
This school will be bankrupt within a year,
He received a 5 million dollar loan from the state, not disclosed how much he put up personally. He did state the school will be a "For Profit" school, so who knows if or when he sells stock to investors. Depending on student population it takes 250K to 1.2M operating expense per month. When we had a population of 1200 students our monthly expense budget was 1.25 million.
How much money did Mathis put into the sale or was it the state of Wyomings money he used?
Jim Mathis made millions selling out to CCi in 2002. Tried starting a new automotive school with the money and it failed in less than a year. Look for Laramie WyoTech to suddenly close in less than a year because of low enrollment and lack of cash. Wyoming loses 5 million to another failed attempt to save a dead school.