Topics regarding layoffs at Walden University

Topics regarding layoffs at Walden University

Isn't there someone you can bribe?

"Laureate Education Inc. (LAUR) is fighting for survival. The international for-profit system of colleges is no longer backed by the Clinton Foundation. Its founder Doug Becker was ousted in 2018 with an enormous golden parachute. And its rich and... —  read more 

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| 1025 views | | 1 reply (last )
Post ID:  @OP+ZKBYxuj

Possible national class action?

The current domestic cases include: (1) On October 5, 2016, a student filed suit against us and Walden University in the United States District Court for the Southern District of Ohio in the matter of Latonya Thornhill v. Walden University, et. al.... —  read more 

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| 4792 views | | 7 replies (last )
Post ID:  @OP+OHhuV1G

Va. congressional candidate says she has $200K in debt from for-profit colleges

Vangie Williams, the Democratic nominee in Virginia’s 1st U.S. House District, said she has $200,000 in student-loan debt from taking classes through for-profit colleges....In an interview, she said she has three degrees and is working toward a... —  read more 

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| 887 views | | 1 reply (last )
Post ID:  @OP+VEH0P2e

LAUR raises $490M in IPO...

LAUR raised $490M in its IPO, less than half than they expected to get. The company will need to cut costs to make profits. http://www.baltimoresun.com/business/bs-bz-laureate-ipo-20170201-story.html

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| 1880 views | | 2 replies (last )
Post ID:  @OP+LEHgssG

Higher ed assembly line

"Walden University has 206 full-time instructors for more than 50,000 students." https://collegemeltdown.blogspot.com/2019/12/the-higher-education-assembly-line.html

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Post ID:  @OP+12JpEiFD

Student X

Tell me how you feel about this. http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

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Post ID:  @OP+17Tayz0v

Laureate Rewards Club

Someone's making out like a bandit. https://www.insidehighered.com/quicktakes/2020/11/16/laureate-execs-set-receive-large-payouts-after-sale-college

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Post ID:  @OP+17XsiWyi

Justice Department Probe

"The U.S. Department of Justice is investigating Walden University, an online for-profit college, over allegations it misrepresented aspects of a nursing program to students and an accreditor, according to an SEC filing....The company has launched... —  read more 

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| 1840 views | | no replies yet
Post ID:  @OP+181ssAHX

Synergies?

Let me provide a brief update on our planned acquisition of Walden University. We remain enthusiastic about the complementary programs and online capabilities that brings to Adtalem. The acquisition of Walden University plays an important role in... —  read more 

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| 627 views | | no replies yet
Post ID:  @OP+1aHR9BQ7

Debt Sentence

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. Can you feel it? Do you feel any guilt at all... —  read more 

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Post ID:  @OP+1bHd71pg

Definitely not a love letter

"Despite the tremendous opportunity at the Company, we have serious concerns about the ability of the Board of Directors (the “Board”) and management team to realize the Company’s true potential, allocate capital appropriately, and capitalize on its... —  read more 

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| 579 views | | no replies yet
Post ID:  @OP+1c0Slruh

Shifts at the top of the food chain

Laureate Education Inc. announced Thursday that effective Jan. 1, 2018, Eilif Serck-Hanssen will become the for-profit company's new chief executive officer and Ricardo Berckemeyer will take over as the company's president. Serck-Hanssen is replacing... —  read more 

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| 1207 views | | no replies yet
Post ID:  @OP+PhdGCwG

Parent company Laureate loses money again. Failing to meet US Dept of Education financial standards.

We received a letter dated October 12, 2017 from the DOE stating that, based on Laureate’s failure to meet standards of financial responsibility for the fiscal year ended December 31, 2016, we are required to either: 1) increase our LOC to an amount... —  read more 

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| 1104 views | | no replies yet
Post ID:  @OP+QaE7eNB

Walden enrollment down 2000 students.

Eilif Serck-Hanssen It has a significant impact and that’s why I am -- in my earlier remarks, I cautioned the impact for fourth quarter and for next year. Because of this the average tuition at Walden is about three times the average of the system... —  read more 

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Post ID:  @OP+Qc5xPmD

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