Topics regarding layoffs at Perdoceo (formerly Career Education Corp.)

Topics regarding layoffs at Perdoceo (formerly Career Education Corp.)

Career Education Off ED Radar

"The Department of Education under Secretary Betsy DeVos ended for-profit college investigations, according to an in-depth report published Sunday by The New York Times. The newspaper found that lawyers and investigators working on those... — read more 

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Post ID: @OP+TbQjKIH

Career Education Stacking the Deck in DC

"Ten Senate Democrats are questioning the role and potential conflict of interest of a recently hired official at the U.S. Department of Education who has ties to the for-profit college industry. Lawmakers sent Education Secretary Betsy DeVos a... — read more 

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| 1042 views | | no replies yet
Post ID: @OP+SYalrK1

Colorado Tech's numbers getting even worse?

Just took a look at the College Navigator. Have CTU's numbers actually gotten worse? Their graduation rate dropped from 23% down to 20% and their 3-year default rate went from 14% to 16.7%. I wonder what the number are in 2018... — read more 

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| 1130 views | | no replies yet
Post ID: @OP+SHFhsOl

Do you think CTU is really complying with DOD MOU?

Do you think CTU is really complying with DOD MOU? I seriously doubt it. https://www.dodmou.com/InstitutionViewSignature/GetFile?institutionId=1838

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| 1225 views | | 1 reply (March 30, 2018)
Post ID: @OP+RTRIxbW

Subprime College Crash: Latest Campus Closings

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 

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| 1450 views | | no replies yet
Post ID: @OP+QstJxkd

Sad but true state of Career education

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 

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| 1690 views | | 4 replies (last October 23, 2017)
Post ID: @OP+PM2QXXB

You have to pass everybody to get more classes

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 

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| 2324 views | | 10 replies (last November 5, 2017)
Post ID: @OP+PIKQIoJ

The future of Career Education?

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 

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| 2520 views | | 9 replies (last October 13, 2017)
Post ID: @OP+PCzDOIV

BlackRock

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 

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| 3163 views | | 7 replies (last October 6, 2017)
Post ID: @OP+PwPLMKw

CFO out

"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 

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| 1590 views | | 3 replies (last October 6, 2017)
Post ID: @OP+PvMdwLY

CTU needs to stop its "Military Friendly" promotions

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 

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| 1550 views | | 2 replies (last September 27, 2017)
Post ID: @OP+Ps6vt6U

Campus closings?

Any word on campus closings of schools that were on teach out? Cordon Bleu? Sanford Brown?

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| 2530 views | | 4 replies (last September 6, 2017)
Post ID: @OP+OlZndrY

Eitel's plan to deregulate

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 

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Post ID: @OP+NZo7BMK

Looking for whistleblowers

I'm looking for whistleblowers who can tell us how veterans are treated at CTU and AIU.

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| 1370 views | | no replies yet
Post ID: @OP+NDUtblm

CTU needs to stop calling itself "military friendly"

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.

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| 1405 views | | no replies yet
Post ID: @OP+MvEffDN

Career Education Continues to Downsize

"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 

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| 1670 views | | no replies yet
Post ID: @OP+M0KR5QS

Veterans Education Success Needs Whistleblowers

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 

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| 1742 views | | 1 reply (March 2, 2017)
Post ID: @OP+LQZh2Cq

John Lewis: "You have a moral obligation not to be quiet"

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?

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| 1510 views | | no replies yet
Post ID: @OP+Lohehe0

Bad debt?

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.

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| 1424 views | | no replies yet
Post ID: @OP+KZ5ZVPz

Crim folks at AIU and CTU may have gainful employment issues

"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 

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Post ID: @OP+KQ39fYz

Wang sells $2 Million in stock

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”). http://www.nasdaq.com/symbol/ceco/insider-trades

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| 1710 views | | 1 reply (December 15, 2016)
Post ID: @OP+KQ8f3TV

Where CECO is going...

Just in case you weren't familiar with CECO's latest board member, she was CFO of Apollo Education. http://usatoday30.usatoday.com/money/economy/2008-01-16-3477039946_x.htm

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| 1700 views | | 2 replies (last November 7, 2016)
Post ID: @OP+K8q61tF

How long does this charade go on?

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 

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| 1480 views | | no replies yet
Post ID: @OP+K5hEfKN

Career Education Making a Profit. How Are They Doing It?

"Operating expenses decreased by $130.8 million as compared to the prior year driven by continued execution on strategic initiatives" http://seekingalpha.com/pr/16568247-career-education-corporation-reports-results-second-quarter-2016

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| 1450 views | | no replies yet
Post ID: @OP+IHJowRU

Any honest people at CTU, AIU, or Career Ed?

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 

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| 2050 views | | 1 reply (August 30, 2016)
Post ID: @OP+IEdOTnc

Career Education Under Investigation by the SEC

Career Education has another investigation pending--related to the status of Cordon Bleu. http://seekingalpha.com/filing/3132365

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| 1623 views | | no replies yet
Post ID: @OP+ICOhfVF

I am sorry ...

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.

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| 1833 views | | 2 replies (last July 5, 2016)
Post ID: @OP+I5bNdx1

Shareholder Lawsuit Against Board and Todd S. Nelson

Looks like the Career Education Corporation Board is getting sued for giving Todd S. Nelson too much compensation. https://finance.yahoo.com/news/shareholder-alert-levi-korsinsky-llp-145000203.html

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| 1872 views | | 1 reply (June 16, 2016)
Post ID: @OP+HVDvXQ0

Colorado Technical Institute Ripping Off Vets

Colorado Technical Institute looks like they are asking for a federal probe of their business practices. How bad is it at Career Education? https://www.consumeraffairs.com/education/colorado-technical-university.html

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| 2070 views | | 3 replies (last August 18, 2016)
Post ID: @OP+HphRYTo

How did revenues magically double?

How did Career Education Corporations' revenues magically double?.............................https://finance.yahoo.com/q/is?s=ceco

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| 1345 views | | no replies yet
Post ID: @OP+Hm53HrS

If there are any ethical people left...

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 

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| 1593 views | | no replies yet
Post ID: @OP+Hhj4jwt

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