http://www.politico.com/story/2014/03/barack-obama-education-for-profit-colleges-104661.html
Is that the hope and change you were looking for? Maybe that's just the change you are left with in your pocket after this moron is done with you and this country.
Obama didn't ruin CCi, greed did. Besides, Obama is too busy destroying the entire country to worry about this.
So CCI ran thru 1.4 BILLON $ a year & cannot make payroll = Obama's fault ?? You just flunked Critical Thinking..
This is the only thing obama has done RIGHT!!!
How original to blame the President maybe you should run, you seem really smart.
Amen to that 17332! I've been trying to tell these morons since he got elected in 08, that it was the beginning of the end.
Oh shut up!
Most people who work at Everest online voted for Obama. Now they are getting screwed by him and doe. Haha
So here's how it works. Govt takes over student loans. Then they make the rules that companies have to abide by. If they don't, then they pay the price. We all know CCI is no angel in all of this, but they ended up dealing with a worse bunch of crooks in DC. Also, anyone that thinks any 4 year traditional college isn't in it for the $ is kidding themselves. They're nearly as bad as CCI, but they're union, so they're safe
If that is the case then why don't any of the prestigious schools operate using this model. I know they get tax money damn who doesn't know that? And you're wrong the for profit model does not work. Not everyone is cut out for college and selling a pipe dream to the lowest common denominator is WRONG.
Profit belongs in every type of business including schools. When you have share holders who give you their money in exchange for stock you have to show profit. That's the way it works. Shareholders expect a dividend.
Do you have any idea how much it actually cost to run CCI?
A public college can charge less for school because they get funding from all the tax payers through property tax. They also get funds from the state.
I do not know Jack but every one seems to blame him. His job is to provide a profit while operating a business unit.You all seem to think he and the board members owns cci that's not the case see below. This is a list of major shareholders. There are millions of shares that are held by employees who make a average salary and live hand to mouth as well as many others.
Shah Capital Management 5,974,574 6.82 8,244,912 Mar 31, 2014
FMR, LLC 3,600,000 4,968,000 Mar 31, 2014
Dimensional Fund Advisors LP 3,407,373 3.89 4,702,174 Mar 31, 2014
Euclidean Technologies Management, LLC 2,693,613 3.07 3,717,185 Mar 31, 2014
Vanguard Group, Inc. (The) 2,414,944 2.76 3,332,622 Mar 31, 2014
BlackRock Fund Advisors 2,204,751 2.52 3,042,556 Mar 31, 2014
BlackRock Institutional Trust Company, N.A. 2,123,638 2.42 2,930,620 Mar 31, 2014
Lane Five Capital Management LP 1,841,454 2.10 2,541,206 Mar 31, 2014
Wells Fargo & Company 12,084,117 13.79 16,676,081 Mar 31, 2014
State Street Corporation 1,413,452 1.61 1,950,563 Mar 31, 2014
Top Mutual Fund Holders
Holder Shares % Out Value* Reported
Wells Fargo Advantage Small Cap Value Fd 8,681,900 9.91 11,981,022 Mar 31, 2014
Fidelity Low-Priced Stock Fund 3,600,000 4.11 5,292,000 Jan 31, 2014
iShares Russell 2000 ETF 1,341,863 1.53 1,851,770 Mar 31, 2014
Vanguard Total Stock Market Index Fund 1,211,620 1.38 1,672,035 Mar 31, 2014
Oceanstone Fund 1,200,000 1.37 1,656,000 Mar 31, 2014
JNL Series Trust-JNL/Mellon Cap DJ
U.S. Contrarian Opportuni 858,000 0.98 1,184,040 Mar 31, 2014
Vanguard Extended Market Index Fund 816,785 0.93 1,453,877 Dec 31, 2013
DFA U.S. Small Cap Value Series 680,515 0.78 1,000,357 Jan 31, 2014
iShares Russell 2000 Value ETF 574,321 0.66 792,562 Mar 31, 2014
Powershares Exhg Traded Fd-Pwrshs
FTSE RAFI US 1500 Small-Mi 545,929 0.62 753,382 Mar 31, 2014
Profit is not a bad word but it has NO PLACE in education.simply incongruent like when those jackasses tried to get us to enforce dress code, to paying customers! Not students but customers. Did any of YOU go to a for profit school? And how small minded blaming the President.
Maybe the 96,000 illegal aliens who came in last month to take you job?
Maybe fast and furious?
Maybe Benghazi?
Maybe targeting conservatives?
Maybe IRS scandal?
Oh wait obama care the biggest fraud of it all. "if you like your Dr you can keep him" "If you like you insurance you can keep it"
You really need to wake up.
Mr. Big is leading the way in that race.
17311- Have you not noticed, there is a race to the bottom...
Profit was not a 4 letter word until '08.
Who's fault isn't the issue. The recession hasn't gotten better hence our BS placement rates.
If it was getting better we'd all be close to getting another job. I've been applying in every industry I can for 6 months. I have a degree from a Big10 U. Yet no takers! Before '08 I could literally have my pick of a job. So Yes! Hope and Change is all we're left with...
Obama is responsible for CCI being run by a bunch of criminals? Nice. Isn't behaving like lying scumbags and refusing to take responsibility exactly what got CCI into such deep shit in the first place? Maybe it's time to grow up a little bit, CCI defenders?
His fault? F you