capital will shrink no matter what bullshit management wants to spin. In another quarter, it will be more tap-dancing and Tim will be sorry he left Michigan for Phoenix. No military customers, no ground campuses, no more sky is the limit financial aid, no more growth. Match that with innovation and no, you are not going to see innovation that can counter all the negative numbers or surpass them. The bottom line is that management is about a few quarters away from flying the business into the side of a building and it is clear they have no idea whatsoever about how to fix things. If they had, they would have and they would not have had years of enrollment declines and shrinking revenues. It is not a sustainable model; it is losing money. Time will seal the deal.
1 reply
Fansastic