Thread regarding Corinthian Colleges Inc. layoffs

Things we now know...or not.

According to Ed Johnson, the goal is to announce a buyer and submit an approval package to the HLC by October 1. But because of that, we will have no October new starts, which means no new students coming in, so no lower-level or developmental classes being taught online. That means both FTF and Adjuncts vying for an even fewer amount of classes... that spells doom for all of us, but adjuncts especially. :(

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Post ID: @OP+xgJCTCH

5 replies (most recent on top)

I'm OP. This is only for ECPO. And we still have 105 adjuncts teaching at the current moment. That's still quite a few people who stand to lose their jobs. According to admin, over half of those adjuncts are teaching 3 classes or more, which sounds fishy to me.

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Post ID: @tOC+xgJCTCH

What campus? ECPO dumped most of it's adjuncts due to lack of students last term.

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Post ID: @Jz4+xgJCTCH

The plan is to have a buyer. There's no buyer.

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Post ID: @apu+xgJCTCH

ECPO has very few adjuncts left. I was supposed to have 3 classes, which never filled. So, it's already hapoened. There's only FT adjuncts left. They'll get rid if the dead weight, those who hate their jobs, don't do Outreach, and butch about having to work. Those instructors are no good for CCI anyway and should have been weeded out long ago.

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Post ID: @mki+xgJCTCH

Want to bet on that announcement? I'll take no announcement on or before October 8. Announcement means that a signed agreement is reached, and thus an 8K must be filed with the SEC. If there is no official announcement (i.e. no 8K filing), then my guess is correct. The reason it's October 8 is to allow the week for the 8K filing. In any event, without reentries or new enrollments, the population is going down by graduates and drops. Unfortunately for faculty the students might not go to another school, since enrollments are down throughout the entire industry.

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Post ID: @Jze+xgJCTCH

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