There's a meeting Monday to discuss "the future of the company." Wouldn't that mean a sale has gone through?
Office Pool: When does CCI file bankruptcy?
I'll put $1.00 on Sept. 30
I'm an instructor. I'm taking the weekend off. I'm not working a weekend for the first time since last year.
My 'weekend posts' are going to come late Sunday night. If the shit hits, can you let me know? Computer is at home. Peace out peeps!
Get off the couch!
Why are they allowed to continue the Tv adds ? What dumb Ass person would sign up for Everest? Never mind I answered my own question .
“I call it ‘neverest’ actually, because you never get your degree, you’ll never show anything for it…”
NEVEREST!!! HAHAHAHA
Buh Bye Cci!!!
I know there are many honest, hard working employees at Cci but I must say as a former employee that was screwed over for reporting unethical behavior of a campus president.....watching it crash and burn proves to me "what goes around comes around."... — read more
Of the 67,917 students, 26,921 or about 40% are part of the Florida OPEID (001499) that includes EUO. Another 19% or 13,129 students are Heald.
Nearly 60% of the students are in one of the two OPEIDs, so timing cash relies heavily on those two. The modular campuses have starts every month, so Title IV funds should be flowing in frequently, but the start dates seems to have been uniformly... — read more
For those of you hoping bankruptcy will 'fix' CCI, it won't.
If a school files for bankruptcy, it can no longer accept federal financial aid. Period. It cannot rebrand or sell and accept federal funding in the firm of FA. So, if CCI files for bankruptcy, that's the end. It will close. And probably rather... — read more
prison stripes
Will some executives at CCI be exchanging their pinstripes for prison stripes? Do they deserve such a fate?
Shred party at Heald Modesto!
Woo hooo! Shred party at Heald Modesto, hosted by your registrar! Heald - our shit stinks, we're just in denial about it.
Its a game of high-stakes chicken!
Let's assume best case scenrio - there is a potential buyer (or buyers)that are in serious discussions with CCI. I know - that is a stretch - but hang with me here for a moment. The buyer is going to draw this thing out as long as possible. The... — read more
Thankless job given a slap to the face
So...our campus (Modesto) sends out strings of emails thanking the head of security - temp I.T. person for refilling staples in the copy / printer machine...yet there is rarely ever recognition via email for the instructional staff for issues such as... — read more
I've read the most recent 8-K in its entirety. While it was most delicious, and I'm full right now, I do have a major concern-
Will there be cash for the 10% off paychecks? Sure ED has continued to send cash, "However, since the July 23 letter, the Company has received two disbursements of Title IV funds under the Operating Agreement totaling approximately $42 million, with... — read more
ELT knows nothing and blames all others?
Is that Federal grand jury subpoena working on them? Er, I mean are they working on that subpoena?
Heald Salinas "Salad Bowl"
How is everyone here? Another day, another 350 calls. Get it right Cox nobody wants 2 enroll to this shitty place, I don't even want to be here, I got bills to pay and as long as you keep paying me then I guess I have be here and see T which after... — read more
Get Real Employees! Who wants to buy this mess????
The U.S. Department of Education is forcing Corinthian to sell its Florida campuses, after an investigation revealed exaggerated job placement numbers, inflated grades and bogus attendance claims... — read more
“Anywhere you could recruit a person, you went there, whether that was a base, under a bridge, in front of a welfare office,” she said.
http://www.abcactionnews.com/news/local-news/i-team-investigates/former-everest-university-dean-says-recruiters-found-students-under-bridges-and-at-welfare-offices
But it's the Students and Instructors fault, right Jenkins?????
Former Everest University Dean says recruiters found students under bridges and at welfare offices... — read more
You actually think anyone wants to buy us? Really?
Andrews said. “It was all about the money. It's never really about the education. The education is just a byproduct. “ The U.S. Department of Education is forcing Corinthian to sell its Florida campuses, after an investigation revealed exaggerated... — read more
Jenkins is the worst PR guy. Well, all the higher ups clearly sick at their jobs or we would all have futures.
But the jerk has thrown instructors AND students under the bus this week. Wtf?!,!
“It’s beyond my control whether an individual student doesn’t know what’s going on.” Kent Jenkins, Vice President of Communication at Corinthian
http://www.nbcnews.com/news/education/campus-confusion-corinthian-colleges-students-face-uncertain-future-n178231
Everest Tampa: ABC/WFTS Tampa Bay News Report
“They sell hopes, they sell dreams and they sell promises. And they don't deliver on any of it,” Andrews said. “It was all about the money. It's never really about the education. The education is just a byproduct.“... — read more
Insider tells all to ABC Investigative Reporter
http://www.abcactionnews.com/news/local-news/i-team-investigates/former-everest-university-dean-says-recruiters-found-students-under-bridges-and-at-welfare-offices
CCI will be written into all the business ethics books as an example or case study.
All the future business majors will know and learn from all this mess.
Euo and ecpo to be sold together?
Has anyone heard this?
Tampa circus
Lets keep hiring at Tampa online but we just took 10 percent out of management's pay. Haha..btw where is LPH? Vacation and interviewing duh! Feel sorry for the regionals, toast!
Hope everybody enjoys their last check. Just put the last two bucks in the safe hoping they will multiply. (Cue Frank Capra)
On a positive note we found a case of toner in the safe...
Jack is this really us?
Have you read recent student reviews? Is this really us?
Save Jobs and Dreams!! Join CCI SAVE!!! Our latest program to help us save . . .
while Ownes, Assimo, and Jenkins laugh and laugh at us at they still get their enormous paychecks!!!
Locket those management up and throw away the keys!
Corinthian Colleges tells investors it is facing a criminal probe http://www.latimes.com/business/la-fi-corinthian-colleges-20140814-story.html
It's obvious
The government doesn't want CCI to sell. They want them to fold operations ASAP. They are through with CCI games. The SEC filing stated that CCI has still not sent all of the required documents that the DOE requested. CCI is a joke.
What, in all reality, will happen to the students who are close to graduating? Whether on campus or online?
Lets assume CCI goes BK prior to years end (most logical outcome). What will happen to the students who are one or two semesters from graduating? I personally find it hard to believe that if the school closes, the DOE will allow all of those students... — read more
SEC Filings
http://investors.cci.edu/secfiling.cfm?filingID=1104659-14-60150&CIK=1066134
I don't get it
Why are some schools still enrolling students? Can they even start classes? Are they gathering students for the next owner? I'm not sure, just going with the flow.
Why do employees seem to be unsure about CCI's fate? We're selling or closing. Either way, no more CCI.
And if they file bankruptcy, immediate closure because we can no longer fet federal FA funding. We are at the end stage of this company. Period. It doesn't matter what the stocks are. It doesn't matter what managers say. There's no rebranding.
Here we go with more bad news
http://bankruptcynews.dowjones.com/article?an=DJFDBR0120140813ea8dezmxc&r=wsjblog&ReturnUrl=http%3a%2f%2fbankruptcynews.dowjones.com%2farticle%3fan%3dDJFDBR0120140813ea8dezmxc%26r%3dwsjblog
Hearing anything from anyone?
I'm EUO adjunct, and other than occasional Skype voicemail messages and anything from the CCI corp office I haven't gotten any emails this term (Week 5) from my PD or anyone at EUO. I've been keeping up with this forum on what's going on with the... — read more