CCI was headed for bankruptcy in July. I could explain why but we all know it's true. The deal with ED put them on life support giving them another 6 months to live. Anyone left who has not found a new job is either unemployable, stupid or lazy. Continue complaining about your eff'ed up jobs. Because the next place you will be complaining about is the Wellfare office. Get off the couch and get a real job!
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Kind of funny, the replies to the post back up the posters statement. Assuming everyone that replied is a current CCI employee. There is the stupid who can't understand the proper usage of your, the unemployable with uncontrollable outburst, and the lazy that rather than think about the post ask "what living on borrowed time" means. Of course there are the few of us part timers that are embarrassed that our poor life choices have made us connected with this whole situation. I hear ya 199.
Hey troll...I already have a better job. I am simply sticking around CCI to collect a few more checks while watching it go down. I think you better get yourself a job than to lurk in the layoff threads, troll.
"You're"
My living on borrowed time? What does that even mean?
148, people think that we are like a regular business, that we can just file and regroup. People don't understand that if they filed, FA funding would stop immediately. And since it's our sole source of income, that means CCI would essentially close the day they file.
Take a class. Your is a possessive. You're is you are.
F*** you, troll.
Everyone seems to be ignoring the fact that CCI does not have to file for bankruptcy. Creditors can file for them.
28148 Your theory ignores the fact that CCI will soon- or already has - run out of cash to pay bills. Creditors want and deserve to be paid. DOE funding is restricted in its use. At some point bankruptcy will become the only choice if a sale does not occur.
148 you are thinking of Chapter 11 not 7
YOU'RE not YOUR, idiot
If you read earlier posts, there is no reason to file for bankruptcy at this point. The company has already made the decision to shut down CCI and work on selling the campuses. If the organization files for bankruptcy, we will not be able to sell campuses nor collect Title IV funding. Bankruptcy is only for when organizations will try and get some financial relief on debts and taxes.