My guess (and it is only a guess) is that the name will change names as it has done before.
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I'd say it's 50/50 whether there will be anything left. Ed might cave and release some more funds. It'll probably be a trickle here and there and as staff leave they won't be replaced. It's unlikely that there will be a buyer for multiple campuses. They'll probably go slowly, to be converted into grocery stores or warehouses. It's obviously time to aggressively look for another job, but I wouldn't quit to do that. Just do the minimum you can to stay on, take sick time, and try to take some vacation. I don't see there being any vaca or severance pay at the end. I know we care about our students, but consider putting yourself first during this period. You've already been through enough, and have helped make management millionaires many times over. They'll be fine. The students will have their loans forgiven and credits transferred to another proprietary chain.
There will be nothing. Filing for bankruptcy is the most likely next step with a massive layoff at the campus and CSC.