Any guesses about whether Heald and WyoTech will be sold (or which campuses of each)? Who might buy them?

What do you suppose will happen to our medical benefits after July 1?

http://www.higheredjobs.com/default.cfm

http://www.youtube.com/watch?v=hb2YSAVHmIE

Morale is surprisingly good here (Tampa Online). I'm curious as to how it's going in other locations. So, if you don't mind, could you post your location and a few words about the general mood there?

http://media.glassdoor.com/m/6c/db/f8/5a/2013-administrative-professionals-day.jpg

At LA Live, 3 day conference for 300+ directors where we had open bars and buffet lines and seeing Bill Buchanan dance like Fred Savage from the Wonder Years.

Does anyone have any guesses as to what will happen to the online division?

Can someone please post the 5 pillars in which we are supposed to stand for? If nothing else it will give you a chuckle

YOU all Wussied out... Now I have to go to my car and change since this party was canceled. I'll just drink at the office today.

lol

Thanks to all the posters - Pro & Con - This has been a great place to come read, vent and find some truthful information - I have been locked on since Thursday as the bad news came in. I don't know why, but I felt the need to hang around this seedy... — read more 

Basically they are closing down but will keep the bare minimums going like instructors. Start looking for a job people. Read up on a teach out.

Seems ED has everyone at CCi busy doing other things, like producing documents. It wasn't that long ago this board was being spammed.

Roger Van Duinen SVP Marketing at Corinthian Colleges Save Jobs and Dreams June 21, 2014 Whether you are a partner of CCi, or not; an employee or a competitor; or just a friend of mine; I would encourage you all to sign this petition and pass the... — read more 

Every year I try and try but just haven't been able to get there. But good news! I visited a psychic over the weekend and she told me that "major changes are coming" and I should "expect to travel to new locations." What else could that mean except... — read more 

http://www.mercurynews.com/education/ci_26016700/corinthian-colleges-will-remain-open-under-agreement-feds

http://online.wsj.com/articles/corinthian-colleges-reaches-deal-with-u-s-1403525319

Sam Kusic (Indiana Gazette) wrote a blanket article about Wyotech and CCi. It's too bad no one has come forward about Art Herman's possibly illegal actions....http://www.indianagazette.com/news/indiana-news/future-cloudy-for-wyotech,20089942/

It's a good faith move that Jack isn't calling for a $12,000 all hands on deck meeting at the DT. Next good move would be to cancel the exec admins 'July 1' picnic, do we really need to spend $40,000 to celebrate a new year when the company is... — read more 

We were threatened not to speak about this issues with the students, yet it is all over the local news. http://www.ktvu.com/videos/news/san-jose-27000-students-on-edge-as-for-profit/vCfj7j/

It is nice to watch this company finally get what it deserves. I knew it would come sooner or latter. They have hurt so many people Students and former employees . So much illegal practices going on you don't have enough fingers or toes to count! For... — read more 

Believe it or not, Heald College did make an impact in its community and its students. Unfortunately, now that it's parent company is CCI, it has tarnished its reputations and its value. How sad that a school, which once stood for something, is now... — read more 

Admissions will be gone at any school selected to close, but that's probably just the beginning of a likely long list.

http://www.sec.gov/Archives/edgar/data/1066134/000110465914047575/a14-15891_1ex10d1.htm

First of all, $16M is not a lot of money, but just enough to get by. Second there are limitations, "The use of the Immediate $16 million in Title IV student aid funds shall be used only for ordinary course liabilities (not including debt repayment)... — read more 

Although Corinthian believes the Memorandum is a positive step for ED, Corinthian and all of its stakeholders, the Company will still need to obtain additional sources of liquidity to fund its operations. During negotiations over the final Operating... — read more 

Just received a phone call from Corinthan that payroll will be made THIS week, no word if the last payroll of the term 7/11 will be made for contracted faculty. Wondering if I should hold grades hostage until I get paid.

It's just enough to get you last paychecks.

Here we are writing and reading posts about the biggest for-profit school falling apart and nothing but advertisments for for-profit schools - they call this media advertising? Would really suck to see an ad for Everest College...

It's there - just as posted.

At least now it feels like we have time to process the news that our income will soon end. Not all of us saw this coming because we were too busy doing the right thing, focusing on our students. My school will most likely close, but it feels good... — read more 

https://hub.cci.edu/Pages/CCi-and-Dept--of-Ed-sign-agreement.aspx CCi and Dept. of Ed sign agreement 6/22/2014 Corporate Communications As I shared with you on Saturday and Sunday, we have been in continuous discussions with officials at the... — read more