Topics regarding layoffs at Corinthian Colleges Inc.

Topics regarding layoffs at Corinthian Colleges Inc.

Fire Sale!

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| 420 views | | 3 replies (last July 4, 2014)
Post ID: @OP+wq1RVhj

Executive compensation

The top executives received just over $6 million in compensation last year. Even after 3 years of negative financial results, including massive layoffs, these top executives still received almost a 6% raise, and were paid bonuses of more than $1.4... — read more 

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| 550 views | | 6 replies (last July 5, 2014)
Post ID: @OP+wqxRbgz

Admision

I can't wait to tell my DOA f** u bitch me it's my happiest day in my life gues what bitch u r out job ...haaaaaa get a life hahaaa so happy ...

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| 384 views | | no replies yet
Post ID: @OP+wqWwSkj

Semisonic - Closing Time Lyrics

Closing time Open all the doors and let you out into the world Closing time Turn all of the lights on over every boy and every girl Closing time One last call for alcohol so finish your whiskey or beer Closing time You don't have to go home but you... — read more 

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| 410 views | | 3 replies (last July 4, 2014)
Post ID: @OP+wqaH8Fw

Why do some think they are lucky?

You all have a 6 month lease on a job and then bye bye lol. Some faculty will remain but finance and admissions reps and doas will all be out.

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| 450 views | | 9 replies (last July 4, 2014)
Post ID: @OP+wq6FXe4

Keep 'em coming, can't get enough

http://finance.yahoo.com/news/profit-college-sell-most-campuses-045045532.html "Under a number of circumstances, students will be eligible for a refund paid for using a reserve fund of at least $30 million from Corinthian's funds." AT LEAST $30... — read more 

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| 392 views | | no replies yet
Post ID: @OP+wq28tjx

You HATERS can't stand it can you?

Just makes you sick that people who enjoy working for CCi and were blind sided by the events of a few weeks ago may not lose their jobs after all doesn't it? You have found every negative bit of information possible to pee all over our hopes of CCi... — read more 

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| 690 views | | 21 replies (last July 4, 2014)
Post ID: @OP+wqNj8sG

The hits keep coming, I LOVE IT

http://www.bloomberg.com/news/2014-07-04/corinthian-reaches-agreement-to-sell-or-close-campuses-1-.html?cmpid=yhoo "Corinthian, which serves 72,000 students through its Everest, Heald and WyoTech brands, will make refunds available to qualifying... — read more 

For the fool who doesn't know how to count days.

When CCi obtains a 'drawdown' of the 21 day waiting period, that means CCi doesn't have to wait the full 21 days. ED only allowed a 'drawdown' on current students. No drawing down the 21 day wait for new students' Title IV funds. All that needs to be... — read more 

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| 442 views | | 3 replies (last July 4, 2014)
Post ID: @OP+wqyfsvj

RUH ROH

http://www.mercurynews.com/education/ci_26089128/corinthian-colleges-sell-85-u-s-campuses-and "Corinthian will have to stop enrolling students at schools it plans to close and it must disclose the status of each campus to current and prospective... — read more 

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| 450 views | | 2 replies (last July 4, 2014)
Post ID: @OP+wqH4SOR

"I WORK AT" - Official Thread

Let's state our location and/or type of work we do. I'll start: Cheyenne, Admissions Representative at WyoTech

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| 400 views | | 4 replies (last July 4, 2014)
Post ID: @OP+wqqhx95

Most likely to happen

Next week: Mass layoff of enrollment and finance. Given the VERY restrictive language for Title IV funds stated by Jack himself, staff will also get an "immediate drawdown." I would not be shocked to see a 40-50% cut next week in those departments... — read more 

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| 430 views | | 2 replies (last July 4, 2014)
Post ID: @OP+wqiAp2b

Call center?

So what happens to the call centers in santa ana and Colorado? Serious opinions or thoughts please. Cci still needs marketing to new students for the 85 campuses right?

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| 580 views | | 8 replies (last July 4, 2014)
Post ID: @OP+wq3RUQw

What about QuickStart?

Anyone know what will happen with QuickStart? It hasn't been mentioned in any of the press releases.

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| 460 views | | no replies yet
Post ID: @OP+wqnhOqE

$60M in software.

"The unamortized computer software costs which are included within the Property and Equipment caption of the Consolidated Balance Sheets were $60.9 million and $63.0 million at June 30, 2013 and 2012, respectively. " 2013 annual report.

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| 435 views | | 2 replies (last July 4, 2014)
Post ID: @OP+wqTdiHq

Important quotes from Jackie M.

"ED has also provided for an immediate drawdown of Title IV funds for currently enrolled students" Translation: If they want financial aid, ED suggests they transfer to another school. "a mechanism for continued funding during the transition of our... — read more 

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