Starting with this: "That being said, I love the fact that Remington College can be a non-profit school group, yet make money (if they don't make a profit, can they remain in business?)...smoke and mirrors my friends, smoke and mirrors!" What is a "non-profit" and how does it differ from a for-profit, and are non-profits allowed to retain earnings? How do small non-profits become large non-profits?
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It depends how a for-profit is listed. I know that in CA, a 501-C non-profit corp can be listed as two different types, where one type can have X amount of money at the end of the year (like 50k or something) that is used only for operating costs and can't exceed that amount, and just gets rolled over to the next tax year, and the other type has a balance of zero. I don't know if large non-profit corps are the same, though. So, OP, that is one way to explain (VERY SIMPLY) the biggest difference. A for-profit business is subject to different tax rules.
Keiser University changed from for-profit to non-profit (to avoid 90/10 issues or something,) stated the same thing regarding prospective employees that had previously worked at a for-profit school need not apply, my niece went to work for Keiser as admissions rep and they actually told the group of prospective new hires that if they had worked at for-profit they could leave now, niece was employed there two years and they are just as bad as CCI in all respects
Remington was for-profit for a long time, however, in a shady, closed door deal to avoid 90/10 issues, executed themselves into non-profit status. Their hypocrisy is not unexpected, only a wolf in sheep's clothing.
Whenever a company is acquired, the acquiring company decides what to do with employees. Often, there are layoffs, but usually that happens about six months after the acquisition when the company looks over the profitability of various business units, as well as areas of overlap with its existing business. Sometimes, if the company is looking to gain expertise from the hiring company, it will retain the employees of the acquired company in favor of its own, but usually, it chooses its own in areas where there is an overlap.
Hell is run with more integrity than CCI schools.
I guess this is proof of what I've stated all along, even if Remington or another college buys CCI schools, that means nothing for the employees. Here's more proof we don't keep our jobs.
If you don't understand the difference between a for profit college and a not for profit college, then it's not even worth the effort of trying. But it's been the recruiting methods at for profits that have been heavily under fire. Remington is non profit and doesn't want to run like a for profit. Why is everyone acting all huffy puffy about it? They do NOT want their motto to be 'asses in the classes.' The are probably run with more integrity than CCI schools.