Fire Sale!
Are you all in lala land? Sorry Admissions no more enrollments so you'll be the first to go! COI is the worst good riddens Sherry Trollman and
her uneducated band of thieves and liars! I don't know how much Lowes pays but I do know that you'll get the same amount of unemployment as I do. EDD the great equalizer! Karma is an awesome thing, watch out it's coming after you!
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
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 ...
Chances of Wyotech being sold in one package for the 6 schools is???
Since they seem to be one of the few groups in the black, I'm guessing 80%
How many schools will be purchased?
My guess is a few really good ones, but for most it's likely just a six month delay to teach-out.
"BUT...BUT if someone buys my school, I keep my job."
Says the delusional fool.
It doesn't matter if it's your birthday or the 4th of July these people (I use the term loosely) are heartless! But it's a blessing in disguise.
And you will all remember the day you regained your independence.
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
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.
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
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
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
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
Does CCI have Company wide teleconferencing?
Jack needs to speak directly to you guys instead of hiding behind an email.
"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
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
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?
What about QuickStart?
Anyone know what will happen with QuickStart? It hasn't been mentioned in any of the press releases.
$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.
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
What does this mean for SOCLE
Crickets
What were the 12 schos picked to close based on?
Was it poor graduation rate, not making money campuses or filing documents that were found to be untruthful?