http://www.businessweek.com/articles/2014-09-25/corinthian-colleges-for-profit-and-too-big-to-fail
What if COCO DID get lenders to agree to Amendment 2?
I don't think they have to notify anybody if they have an agreement and are not headed for bankruptcy....hell of a thing.
Cci and the feds
Wake up sheep these two are in it together all smoke and mirrors. Just like the Obama care debacle eventual bailout of insurance companies.
Does Jack "own" the banks?
DOE is COCOs debt collector. Why didn't DOE let COCO fail and forgive student debt? Technically, they are supposed to arrange for discharge of student debt when an educational institution has acted fraudulently or broken the law. BUT DoE PROFITS from... — read more
Today's meeting news
Can anyone tell us any information regarding the call with jack today?
Jack knew but the Feds didn't....Unintended Consequences
From thehill.com "Among the more disturbing reports around the Department of Education’s approach to Corinthian are the conflicting accounts of what officials knew regarding Corinthian’s finances when they froze federal funds to the school. The... — read more
Guess what haters
Wyotech's aren't going anywhere. Cci will continue after January 1st.
Kamala...
She is real and she is spectacular.
We're on furlough and laying off staff left and right, and meanwhile...
I see commercials for Everest on TV. Nice to see the advertising budget for a school that (in title, at the VERY least) will no longer be in existence very, very soon, is still being utilized...while we are FORCED to take furlough. Good lord, f***... — read more
"Internally, nobody would ever call it COCO."
Might you be wrong? Thanks for speaking for each and every one of the more than 7,000 employees.
I know you guys hate stock info, but this may be interesting
From Jim Cramer's post today on CCi: "It's worth noting that Soros purchased 69,000 COCO shares in Q2." So what would George Soros be doing buying our shares? Granted, that's only about $7K at our current prices, so not a big commitment on his part... — read more
Call with jack
Just got off the managers call with jack. More furloughs to come
SEC filing with signatures
So I keep refreshing the sec site to see if a new filing pops in. I'm not expecting it to but miracles do happen. Question though: do they have until 5 pm EST? I'm just wondering when the cutoff time is.
At the end of week 12 I'm gone
I haven't dropped a hint to my advisor; I didn't want her to drop or harass me. I only have 2 terms left for my Bachelors and I have a 4.0 gpa. I have started the transfer process to WGU. If there are a lot of other students like me, the start... — read more
two weeks left and I am gone
I am an adjunct and will be quitting as soon as I turn in my final grades this term. I am so tired of working 7 days a week, babysitting students and doing outreach. I am going back to teaching corporate learners/training. Good luck to everyone still... — read more
Business Week Article
So, it's looking more and more like Jack called in a political favor and it's finally paid off, with Fitzgerald and ED smacked down and told to do whatever it takes to keep CCi afloat and happy. With regulators out of the way, what's to stop Jack &... — read more
New Business Week article (today) says that ED will bail us out
The most interesting thing to me in this is that the analyst believes that WyoTech is the likeliest to sell, which is different than most of what we've heard. makes sense to me:... — read more
I can't believe that sick, nasty discussion below is still there, considering what mods normally delete.
And every poster there should be blocked, especially the one claiming happily to have started at least half of the rumors here. I knew it was all lies. That discussion is terrible. Shame on everyone who participated.
Announcement: closing of 8 more Everest Campuses, 1 Wyotech and layoffs at Canada, online and Heald
Eight more Everest campuses will be shut down. Admissions immediately laid off. SS, LRC and CS minimizing. No admin staff.
tomorrow is september 25th....
according to that one bloomberg article, if cci fails to secure a lender by tomorrow, title 4 funds will be suspended. if T4 funds are suspended, are the effects immediate or will there be some time to still secure a lender?
Is there another mandatory week furlough?
Or is it a rumor
Blairsville wyotech
We didn't come close to what we needed. Low low numbers
BLAIRSVILLE WYOTECH
Over 200 new students today, puppies and rainbows. Everything is fine and changing lives.
Outreach People
Quit wasting time here and get back to your smile and dial. If the company is to survive, we all need to strive to keep asses in classes.
What are the odds that payment will occur tomorrow?
My bookie says he's not taking bets. Too easy. Wonder if the mods will block my post!
They don't care
Cant you see? The execs dont care what happens to CCI. They knew their house wasnt in order. They care about what happens to Socle. They are going to put as much money as they can to get that company off the ground. Ecen if that means students and... — read more
My free fone
Gots my free obama free obama fone today. If everest klose then my college b free 2
Who on here
Honestly believes they will keep their job and why. I'm being serious. I am an employee with a very bleak outlook so I'd like to hear from fellow employees on why they a feel everything will be fine? Any serious hope?
Why
Would ECMC want to buy CCI schools?
Thi sis why obama wants everyone into public schools
http://www.liveleak.com/view?i=34d_1411534969
Request for Info...
What were the details surrounding the former employee at the Everest Brandon campus? What happened to solicit the Grand Jury subpoena in Florida? Does anyone know?
Corinthian Colleges schools enrolled 5,873 Post-9/11 GI Bill students in fiscal 2013
.... totaling $61 million, according to data from the Veterans Affairs and Education departments. Where are they now?
Does Heald have a buyer? I was on their LayOff Site
I was on their layoff site and it says something about investors partnering. Does anyone know if this is true?
Who wants to bet???
Who wants to bet that CCi doesn't come through with making the 500K escrow payment this Thursday and loses Title 4 funding??? Not to be a downer, but sadly I am not holding my breath on this one. Is the end closer than we expect? Time will tell I... — read more