May 6, 2014: "Ok, well, let's go another way, $28 million for a company that has about 100 campuses. Is that sufficient cash, or should I expect to find upper management down at the local payday lenders?"... — read more 

Cash for dividends? COCO could never do that! "Capella Education Company (CPLA), a provider of online post-secondary education, primarily through its wholly owned subsidiary Capella University, announced today that its board of directors has declared... — read more 

Does anyone know for certain or have real information on what will happen to the call center employees at the csc in santa ana and denver?

did all high school coordinators get fired?

Read the thread from bottom up about the Class Action Lawsuit "letter"

They're running out of shit to sell! Everyone's been asked to bring in a pitcher of lemonade and a dozen cookies tomorrow. Leave it it the parking lot next to the big 'Lemonade & Cookies - 25 cents each!' Sign!!!

As an instructor I get absolutely NO information and do not understand the actual reason that ECP online cannot enroll students? Is there a date that this can start? What does it depend upon?

Working for a subprime debt collector. That is the essence of the CCI hood rat employee right there. Watching everyone get excited about every rumor makes me laugh my ass off. They can't get approval to sell their shitty debt to anyone, I am sure... — read more 

Yesterday I sent an email to Anna Marie Dunlap, SVP Inverstor relations, asking when Q4 and 2014 earning would be announced. Here is her email reply: "We do not yet have a date for our Q4 report. Owing to a number of factors, including the timing of... — read more 

So many people suggested that the approvals would come right away, but today we had a person suggest that the approvals would never come (ECMC post below). I've suggested that obtaining the necessary approvals (Various states, accreditation bodies... — read more 

Stupid, stupid, stupid.

CCi reminds me of a former friend who always traded in his car every 6 to 12 months for a different used car. He always went to those special financing places... I'm sure you understand that with each trade the financial life was getting sucked out... — read more 

While there is much more to it, the cost to obtain the fourth amendment was 2.5%, or 2.5M, since the credit line is very close to $100M ($1M cash today, $1.5M cash in two months; $2.5M expense today). Then there was $0.5M (cash today) in... — read more 

http://www.bloomberg.com/news/2014-08-26/corinthian-says-regulator-curtails-sales-of-loan-assets.html?cmpid=yhoo "As a condition to entering settlement talks, Corinthian must cease sales or transfers of private student loans, inform the CFPB of... — read more 

I am a former high school presenter who was let go last week. I am curious why there are still some HS leaders that have jobs? Since we are gone and almost all of our immediate directors are gone and from what I have heard, the high reps are now... — read more 

Would going union have protected our salaries and prevented the no cost of living increase these last two years?

How will they get accreditation? How many more states will shut them down? Show proof. So what if the toured the schos? Maybe they want to buy real estate or pieces of the company. Touring a school means nothing. Where's this proof?

Few, what students are going to run to sign up?

New motto: asses in the classes to get asses out if classes ASAP! Then we can start our jobs!!

Don't get excited people.

And it's illegal. But I'm sure it'll be fine. They'll just go ahead and sell.

That's how much sense it makes for DE to approve ECMC as a college. You can't do that. It's a company that wants it's students to fail. No accreditation body in the world would allow that.

Once the Crown Jewel of CCi, now WyoTech is worth more if it is sold off as scrap. “Lenders agreed to permit the Company to sell certain assets, consisting of certain student loan notes, certain WyoTech equipment and the Company's Melbourne, Florida... — read more 

Four years of exceptional work just to get my first PIP. I am an instructor and refuse to do outreach to students who should have been dropped weeks ago due to nonattenance. This is my last term anyway. I think it is just ironic that I get a Pip for... — read more 

Did anyone catch the line at the end of this story? And could someone take pictures of when students see the equipment being hauled out? Should be entertaining... — read more 

They want a piece of the action. They want to venture into education.

With the mess this company is in, I can't believe the Board of Directors hasn't called for the resignation of Jack and other top executives. But they just let these people violate more and more government regulations.

Is mail.cci.edu down - cannot log in? Maybe they let me go tonight?

Well... let me sum it all up what one learns from this site. There are some funny moments from some clever people who actually do some research. One also learns more than they ever need to know about toner and Jack, is this really us? I have to... — read more 

http://mobile.bloomberg.com/news/2014-08-26/corinthian-says-regulator-curtails-sales-of-loan-assets.html?cmpid=yhoo

Double whammy today! Let's get this party started! http://www.mercurynews.com/education/ci_26404346/california-blocks-gi-benefits-troubled-corinthian-colleges

"Jul 21, 2014, 7:28am CDT Corinthian Colleges Inc., which has been under scrutiny from the U.S. Department of Education, will close its 300-person Everest Institute in Eagan and sell off two other Minnesota programs." Yet CCi reports, "As of July 31... — read more 

And they are interested in becoming a college. All my sources say they are the nonprofit rumored to buy our campuses