Thread regarding Corinthian Colleges Inc. layoffs

What exactly are they selling?

I keep reading that CCi will be selling off campuses, but I was under the impression that all or most of the campuses were leased. So does that mean equipment? Would someone pay to get the employees? Is it OPEID?

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Post ID: @OP+wi96noi

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They would acquire equipment and take over student loans after students all sign a new enrollment agreement - There is money to be made in teach outs. They need the instructors to stay obviously but sadly after it it is all done teachers are cut. . AND the sad part is in teach out the students get the opportunity to finish school but regarding placement since it is not being reported they do not have to be placed.

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Post ID: @ePv+wi96noi

Why would someone pay money for a campus and then relocate? I'm still not getting what the product they're buying is.

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Post ID: @inU+wi96noi

They are selling off campuses or closing them down. And depending who they sell to there still is no guarantee that anyone keeps there jobs. Who ever buys the campuses out can always relocate or downsize.

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Post ID: @U7F+wi96noi

Leads? LMAO!

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Post ID: @lNh+wi96noi

They would sell the lease, employees, students, equipment, leads...

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Post ID: @ZLo+wi96noi

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