What happened? https://seekingalpha.com/news/3677681-adtalem-global-education-cfo-resigns-interim-cfo-appointed
"Activist investors urge Adtalem to pull plug on Walden U purchase"
"Two investment firms, Engine Capital and Hawk Ridge Partners, wrote in an open letter dated Thursday that they were "severely disappointed" with the board's decision to purchase Walden, calling the college a 'substantially inferior asset.'"... — read more
I love telling nurrse students not to go to Chamberlain!
Lots of CNAs want to be nurses, and make more money as soon as they can. After working at Adtalem, I know better. I talk them into going to community college, for 1/5 th the cost. Makes me feel good, because I'm ACTUALLY helping others, unlike... — read more
The College Dream is Over
https://collegemeltdown.blogspot.com/2020/10/the-college-dream-is-over-gary-roth.html https://collegemeltdown.blogspot.com/2020/10/observations-of-subprime-lead-generator.html
Adtalem acquires Walden University
https://www.marketwatch.com/press-release/laureate-education-to-sell-walden-university-to-adtalem-global-education-2020-09-11?tesla=y
Human Resources Corrupt
Adtalem will lay you off and pretend they care. Human Resources employees are corrupted especially the wicked witches Donna and Nancy. Karma will meet them one day, and don’t get me started on the two TA leaders they are inseparable and only promotes... — read more
Another layoff
This place doesn’t.
Financial Services President resigning
"Adtalem Global Education Inc. ..today announced that Mehul Patel is resigning from his position as group president, Financial Services... to pursue another opportunity outside the education industry. The Financial Services vertical will be led by... — read more
Med schools layoffs
Heard the medical schools got hit. How many people were affected?
More layoffs
This company doesn’t stop and soon there will be more this year.
No chatter about the November IT RIF?
So nobody is going to talk about the RIF that went through IT in mid-November? Was it only in IT?
Shares down 18 percent today
Bad news? Brazil losses or something else?
Ross University School of Medicine and Oakwood University partner to increase physician diversity in the US
https://www.marketwatch.com/press-release/ross-university-school-of-medicine-and-oakwood-university-partner-to-increase-physician-diversity-in-the-us-2019-10-28?siteid=nbsh
Brazil Off-Loaded Now
Adtalem Global offloads its Brazilian unit Adtalem Global Education (ATGE +1.1%) agrees to sell its Brazilian portfolio, Adtalem Educacional do Brasil, to YDUQS, for R$1.92B, equivalent to ~$465M IBMEC, Damásio and Wyden will retain and... — read more
Ross University School of Medicine Partners with California State University, Dominguez Hills to Increase Physician Diversity
Preying on working class people of color https://seekingalpha.com/pr/17628299-ross-university-school-medicine-partners-california-state-university-dominguez-hills-increase
Adtalem Selling Off Brazil
Two years ago LW and her band couldn't hype Brazil enough, though some of us questioned the value sustainment with their economic and government problems. This week the news comes that ATGE is looking for a buyer of all the schools down in South... — read more
It's Coming
In a Gen Ed meeting last week instructors were told to stop grading writing assignments technically and to take a more "holistic" approach to grading. The last time I heard this from a college admin was right before Heald went under. The next step... — read more
Afya IPO
Will this cut into Adtalem's bottom line in Brazil? https://seekingalpha.com/news/3479186-afya-announces-prices-ipo-19
ACAMS and MIM Create Certified Anti-Money Laundering Training Partnership
Going even more global? Sounds like Adtalem is going the global route, like Laureate. https://seekingalpha.com/pr/17563235-acams-mim-create-certified-anti-money-laundering-training-partnership... — read more
Ross University students condemned to debt
Ross University School of Medicine is a bad bet for many. Student loan debt averages about $300K. How is that sustainable for the reputation of the school? https://studentaid.ed.gov/sa/sites/default/files/ross-university-school-medicine.pdf
Kickbacks?
Does Adtalem give kickbacks to US hospitals to get their students experience in the states? https://www.kevinmd.com/blog/2018/12/the-fight-to-save-howard-university-college-of-medicine.html
Chamberlain and Dillard.
Nothing like taking advantage of a struggling HBCU. https://seekingalpha.com/pr/17556915-ross-university-school-medicine-dillard-university-partner-address-physician-diversity-u-s
Will Department of Veterans Affairs claw back Adtalem's ill-gotten gains?
In December 2018, the VA Office of Inspector General published report Report #16-00862-179, indicating that for-profit colleges received nearly $474 million in ill-gotten GI Bill money. Only three schools were listed, and one was DeVry. Will DeVry be... — read more
For-Profit Nursing Graduates More Likely to Fail Licensure Test
"A study published by researchers at George Washington University's Milken Institute School of Public Health found that graduates from for-profit nursing programs were more likely to fail the National Council Licensure Examination on the first try... — read more
Some things never change
TEACH summit in Puerto Rico. I remember when these were called PRIDE. Some things change, some things don't divesting from DVU and Carrington certainly make these easier to justify. Great parties for sure.
Remind me not to get sick in Miami
Ross University School of Medicine (RUSM) announced an increased educational partnership with Cleveland Clinic Florida https://seekingalpha.com/pr/17351656-ross-university-school-medicine-expands-partnership-cleveland-clinic-florida
What's it like working at Chamberlain?
I just came across this site and after reading through some Glassdoor reviews, figured I'd ask here. I'm currently employed, but looking to move and saw an advisor position at Chamberlain. I was curious on a few things. 1) How's working with... — read more
ACAMS financial crimes conference
Will Adtalem be there as an example or to pick up some tips? https://seekingalpha.com/pr/17295020-acams-6th-annual-aml-and-financial-crime-conference-address-regulatory-expectations
How to explain Chamberlain's enrollment growth?
I'm working on a nursing program project and came across this site. I thought with the nursing shortages all programs should be doing well, but then I read an article about Chamberlain and it noted that the last four new student enrollment growth... — read more
Subprime medicine for Watts
LOS ANGELES--(BUSINESS WIRE)-- Charles R. Drew University of Medicine and Science (CDU) and Ross University School of Medicine (RUSM) today announced an agreement to establish joint education programs that are expected to increase the number of... — read more
Does anyone else think it's ironic?
Adtalem and money laundering....they should know? https://seekingalpha.com/pr/17251145-acams-17th-annual-aml-and-financial-crime-conference-address-evolving-technologies-trends
The so-called turnaround...
Adtalem is going to make some tough decisions, probably the wrong ones. That's what happens when you get a car salesperson to operate a university system... — read more
Regarding Adtalem's sale of Carrington
Does anyone know what this means for current employees? Will there be more lay offs? Carrington is still a sinking ship with new un-successful attempts at saving it implemented daily.. Just wondering the same thing, and hoping having this on top will... — read more
DeVry students file lawsuit in TX. Does this make Adtalem liable?
Guess this answers my question. https://www.expressnews.com/business/local/article/Former-DeVry-University-students-sue-for-fraud-in-13044631.php https://www.thelayoff.com/t/Rqevmxt#replies
Adtalem sells Carrington to San Joaquin Valley College
"Adtalem Global Education today announced that it has signed an agreement to transfer ownership of Carrington College to San Joaquin Valley College, Inc."... — read more
Is DeVry violating its FTC consent decree?
Is the DeVry violating the consent decree it had with the Federal Trade Commission? If so, let Veterans Education Success know about it. The whistleblower form is posted below, and VES will protect your confidentiality and anonymity... — read more
Is a former DeVry lead generator working for Adtalem in Brazil?
Is QuinStreet working as a lead generator for Adtalem in Brazil? https://www.thelayoff.com/quinstreet
Word on the Street
Word on the street has Adtalem selling Carrington to IEC (UEI Colleges). Any truth to that?
What's to come for Adtalem employees?
Everyone is talking about what will happen with Devry colleagues, but has anyone heard anything about what will happen with adtalem colleagues after the devry sale? What changes are in store for us in the coming months?