Take a look at these (old) LA times graphics which shows that CCi was increasing prices around 2010. Student count: http://www.trbimg.com/img-53c5cc02/turbine/la-fi-g-corinthian-colleges-enroll-20140715/650/16x9 Revenues and income: http://www.trbimg.com/img-53c5cc92/turbine/la-fi-g-corinthian-colleges-revenue-20140715/650/16x9 Following basic economics, the student count was going down after the increase, yet the total revenues were going up. While that might seem favorable, and a higher level of profit should be obtained, the opposite was true: CCi was increasing losses. 2011 was the peak year for revenues, with a lower student count, but the losses were maximized at over $100M for the year. More revenues, fewer students to serve, and a huge loss. Subprime management? http://www.latimes.com/business/la-fi-corinthian-colleges-20140716-story.html#page=1
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Why are you asking us?
When the economy goes bad, student numbers go up. When the economy is healthy, there are fewer student numbers at 'career colleges.' Same old news.
More crack research that is old news . . .
The LA Times is not an employee.