Loans not forgiven no more. /
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Topics regarding layoffs at Career Education Corp.
By the end of 2017, several hundred subprime college campuses and sites will have closed. Listed below are some of the subprime college campuses in the US Department of Education's latest monthly School Closings report. The agency reports are... read more
How are enrollment reps evaluated these days? Do you have to make numbers?
I stopped accepting teaching assignments with CTU and AIU because of this schizophrenic attitude towards grading. The rubrics you have to use are so 'flexible' that you can drive a truck through them. Students are used to getting good grades from... read more
I have found if you hold the students actually accountable, you will get less classes to teach. They won't tell you this, it just comes out that way. If you just pass everyone, you get more classes to teach. Has anyone else experienced this? Yup... read more
Can CECO onload the two remaining schools and do the servicing like Kaplan and Purdue? Or do they get purchased by a large hedge fund like University of Phoenix and Apollo Global Management? Do they slide down to nothing and get purchased like EDMC... read more
BlackRock, America's largest shadow bank, owns stock in several for-profit colleges: Career Education Corporation 7.9M shares Laureate Education 2.4M shares American Public Education 1.9M shares Capella 1.4M shares Bridgepoint Education 1.2M shares... read more
"CFO A.J. Cederoth will be leaving his post to pursue other opportunities after September 30. The company says that Cederoth’s departure is not the result of any dispute or disagreement. Career Education will consider both internal and external... read more
CTU is going to get in legal trouble if they continue to advertise themselves as a "Military Friendly School." CTU lost this designation more than a year ago, and Victory Media is becoming more protective of their programs as they get rid of many... read more
How is CTU doing? Any word on student numbers and cutting down of classes? Are they still okay?
Does it get any more rigged? /
Any word on campus closings of schools that were on teach out? Cordon Bleu? Sanford Brown?
Anybody have an opinion about the Robert Eitel and his new job of deregulating education? I know he worked for Career Education and Bridgepoint in addition to his work for Bush II... read more
I'm looking for whistleblowers who can tell us how veterans are treated at CTU and AIU.
Colorado Tech needs to stop calling itself "military friendly." They are no longer recognized as a military-friendly school, and in fact have the highest percentage of formal GI Bill complaints.
"For the quarter and year ended December 31, 2016, total revenue was $155.3 million and $704.4 million, respectively, representing a decrease of 22.4 percent and 16.9 percent, respectively, compared to total revenue of $199.9 million and $847.3... read more
Veterans Education Success is looking for people who can provide information about Colorado Tech and its exploitation of veterans. You can remain anonymous. Thank you in advance for helping our veterans... read more
CTU makes about $30M a year from veterans. They also get the highest percentage of complaints to the VA. How do they continue to con these people?... read more
Career Education Corporation is taking advantage of the ignorance of thousands of working people, and targeting service members and veterans in particular. Is anyone here willing to speak out?
What is all this "bad debt" that Career Education is writing off? Seems like a sign that the company is still in trouble. That and targeting naive veterans.
"We continue to closely monitor the continuing programs within our University Group that are in the zone or are close to the threshold for being in the zone. The most significant of these are the Criminal Justice programs at AIU and CTU, which... read more
Last week, Richard Wang, director sold 200,000 shares worth more than $2M. Mr. Wang, 40, is a co-founder and Managing Partner of Tenzing Global Management (“Tenzing Global”). /
Just in case you weren't familiar with CECO's latest board member, she was CFO of Apollo Education. /
How long can Career Education continue going like this? What's it like at the teach out schools? How bad has it gotten with recruiting people at AIU and CTU? I see that AIU is rewarding alumni ($1000 in tuition cuts?)for finding new enrollees. I... read more
Does it bother anyone here that Career Education Corporation is using misleading ads and unethical recruiting to sell a subprime college? If you don't have a problem with that, how do you rationalize working at Career Education Corporation? What... read more
"Operating expenses decreased by $130.8 million as compared to the prior year driven by continued execution on strategic initiatives" /
Career Education is getting rid of its most legitimate brand, Le Cordon Bleu, and doubling down on Colorado Tech, so they can prey on vets? Does Todd S. Nelson have any ethics? He ruined Apollo Education, then helped EDMC collapse... read more
Career Education has another investigation pending--related to the status of Cordon Bleu. /
I am sorry. I have been lying for years. As you will soon find out, I short stocks for a living and have used these discussion boards to support my financial needs. I am nothing more than a liberal hack.
Looks like the Career Education Corporation Board is getting sued for giving Todd S. Nelson too much compensation. /
Former Harrington College of Design Admissions Rep (and AIU grad) Ebonie Townsend has an answer for for-profit colleges that are facing reduced... read more
Is there any way we can track down "CHARLES of Desert Hot Springs, CA" or any other vets who have been ripped off by Colorado Tech? It sounds like he has a strong case against the school. His complete statement is... read more
Colorado Technical Institute looks like they are asking for a federal probe of their business practices. How bad is it at Career Education? /
How did Career Education Corporations' revenues magically double?............................./
It looks like the only two brands left are AUI and CTU. Both of these schools target vets for a subprime education. If there are any instructors, librarians, or other people at any Career Education schools who want to do something decent, before you... read more
Looks like Todd S. Nelson has done the work he came here for: dismembering Career Education and making it "profitable." After leaving Apollo Group (in scandal), EDMC (in finacial ruin), where will he go after Career Education? I had thought he might... read more
In proportion to the number of military veterans it enrolls, Colorado Technical Institute online may be the most hated of colleges. The school only enrolls about 5000 student vets, but it has received 58 complaints from the GI Feedback... read more
I am a financial aid advisor andmay be getting layed off from CEC, I am a bit nervous that I won't be able to make ends meet. Has anyone been offered a severance package? Anyone knows how they calculate it? Any info would be helpful.
Did Richard Blum completely bail out of Career Education? Blum (Blum Capital Partners) also used to be an "activist" investor in ITT Tech (ESI). He is a California Regent and husband of California Senator Dianne Feinstein.
Looks like Career Education has stopped the bleeding...................................../