I bet all you jobless trolls are hungry!!!
Good thing those trolls are telling us the obvious in the most inane, completely uninformed way!!
You'd think they'd put all their energy into, say, lives. Or jobs. Or something. They obviously have no inside knowledge. Even the Remington and ECMC crap has finally died. Why do sad little trolls come round? They think they have information? They... — read more
Wait until ED starts reviewing those 1.2 million pages of documentation. What do you think ED will find?
"With regard to production of documents requested by ED in its January 2014 letter, the Company has delivered to ED in electronic or paper format the equivalent of more than 1.2 million pages of responsive data, and has expended substantial resources... — read more
Will ECP be the next one down?
"As previously reported, in April 2010 we received ED’s program review report related to the site visit for ECP which occurred in August 2008. The report maintains that ECP failed to make students aware of the total amounts of financial aid for which... — read more
DOE has a hard on for CCI
The DOE has a hard-on for CCI, and everything is going down like domino's.....EI has lost title IV funding and will be gone soon. The two EI campuses had about 160 students, with will all need refunds. The problem with refunds, there just is no... — read more
Everest Institute and Everest a College are NOT the same trolls. Everest Colleges have NOT lost Title IV Funding.
Get your facts straight, trolls!!!!!!!!!
Just finished burying the bodies and the burying the shovel I buried the bodies with from the party the other night. Doing it again tomorrow.
Price of Admission is an 18 year Bottle of The Macallan. Unleashing 6 more coeds from the basement cages. No virgins, but will still be eager and willing!
Just a Reminder, for those that keep saying "if" CCI loses its FA funding. Everest Institute has already been cut off from federal funds.
So, it makes sense that the rest of the "brand" would go as well. Repost from an earlier thread: https://www.republicreport.org/wp-content/uploads/2014/08/EdCoColtr822.pdf
This is Mrs. Massimino
Have you seen my fur coats?
Come and pick up these smart boards.
Indiana campus is almost done. Can they still order supplies?
Title IV funds lost
Now that Everest has lost title IV funds, bankruptcy should be in a few days.
UPDATE ON WHAT IS HAPPENING
Just and update, we are currently, making our outreach calls, we are required to do the weekly data entry on Talisma . Students are totally unaware of what is happening, when I call I still get the same excuses, Mom died, hand broke, computer down... — read more
Job Security
Want job security? Just f*** with staff and you will be fine. Just ask folks in the Thornton place, we lie to management and i still have my job. I'll bang whoever and get away. I mean everyone knows and it's still happening.
Illinois schools will sell first. They will grad out their students first, since enrollment ceased.
They will be ready for the change.
Claim: "They won't teach out all of their schools. They may keep a few big campuses open."
The only way to not teach out all of their schools is to provide the students with full refunds, and that is not happening. So it cannot happen that way, since CCi does not have the cash to close the smaller schools. Beyond that, rent payments would... — read more
It's true: The buyer is touring Milwaukee!!!
It's true because of two reasons: 1. There is no buyer, and 2. The Everest Milwaukee has been long gone.
Anthem is yet another example of a Title IV school that went bankrupt
Look around at all the schools filing for bankruptcy. So why cannot CCi file bankruptcy just like the others?
The reason CCi is closing is lack of cash.
This idea of having sufficient cash to survive a total and complete teach-out is crazy. Teach-outs are always at a loss, and CCi has no money. And there is no cash to sell itself.
Lph jumped ship
It makes sense, she has been looking pretty nervous for the last few months
Anthem students are being referred to EUO via email...why?
Several reps here at the Tampa online call center are getting contacted by Anthem students who received an official email announcing a "partnership" with Everest.
I still can't believe so many people put so much faith in rumors on an internet message board
First, it is Remington, then ECMC, next...who knows. It's sad that people still even want to work there, at what point does your self respect kick in?
Next Rumor: IEC bought Anthem! They're buying us next!!!!!
NOT! Anthem couldn't find buyers, and neither will we.
ECMC's business model is to collect on defaulted student loans. It's existence is student failure. Yet you think they get accred & DE approval?
Yeah. And Yale is next, fools.
Lots of humans are being dismissed today; Admin ASS. and Program Chairs... I hope you humans find something better soon! As for Heald, seems like humans are being demoted and dismissed. Hasta la vista humans!
12000 employees whose 2 week gross pay is $1500=$18,000,000.
And that does not include CCIs portion of health insurance premiums and social security taxes per person. So, to be conservative, the total payroll for this scenario would be roughly $23,000,000 costs to CCI. Now, given that the cash position of CCI... — read more
If every employee can come up with $160 (1000 shares @ .16), we can each buy the stock which would equal 14 mill shares (14K employ x 1000 sh)
Since shorts have 25 million to cover or buy back from the original sell, they would be forced to buy back and the price would sky rocket to 1.50-2.00. Your investment would run from $160 to $1,500 to $2,000. Lets band together and kick these shorts... — read more
Does it even make sense to keep brick and mortar for profits? Strayer, UofP, Everest, ITT and now Anthem have closed campuses.
Why not just buy the for profit graveyards and start fresh? Oh, and since all of them have closed campuses, they probably aren't buying us either.
There IS a DOE plan to shut down CCI schools. If they don't sell (good faith or not) they are closing the schools. Time to get real, people.
And there's no buyer. It takes 6-24 months to sell a business or businesses. They aren't close to any deals if schools are just looking at them in the last week. And if they are looking at the businesses, that means nothing. They could want to buy... — read more
DE wants to shut CCI down. So they will approve a non college to buy them and continue with same business model?!?
Stupid stupid stupid
Foreshadowing
https://www.insidehighered.com/news/2014/08/29/profit-anthem-education-abruptly-closes-campuses-after-filing-bankruptcy
Time for a leadership change
It is pretty obvious that FY14 has been an operational disappointment and 2015 will be worse. Jack has done his best but it is time for a change of leadership (at least at the CEO level). CCI will have a tough time attracting a top-notch turnaround... — read more
Buyers traveling all over the country at the speed of Superman?
Such glorious interest by buyers to buy a sinking ship. "Better buy quick before it's gone." lol