Thread regarding Corinthian Colleges Inc. layoffs

http://money.cnn.com/2015/04/14/pf/college/corinthian-college-fine/

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Post ID: @OP+B1AitbX

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They were ordered by the DOE to stop enrolling at all Heald schools. It was also stated that the DOE is pulling title IV funds at a few of the schools. This pretty much shuts CCi down. Believe me, it's not all roses over at the Zenith schools either. Student population keeps getting worse and worse. Without the private loans most students don't qualify for stipends and can't afford rent and living expenses. Enrollment numbers are at an all-time low and I don't believe they have hit bottom.

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Post ID: @1Nka+B1AitbX

Enrollments will start again in a few days

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Post ID: @10XT+B1AitbX

Maybe they grew a conscience

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Post ID: @1LkT+B1AitbX

that's the big question--why did they stop enrolling and what does it mean and what comes next??

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Post ID: @1EO9+B1AitbX

Why did you stop all enrollments on the 13th?

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Post ID: @ag0+B1AitbX

To 90703 we stopped enrollment at all California campus on Monday the 13th

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Post ID: @2CM+B1AitbX

TOTALLY agree, it definitley is not Peter Waller's fault. In fact it started going downhill after he left.

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Post ID: @BFr+B1AitbX

717: I respectfully disagree. I was in the audience 5-ish years ago when Peter acknowledged the fact that online programs that graduated less than 10% of their incoming freshman was not a legitimate business. He was ousted by the board shortly thereafter. I'm sure he is not totally clean, but I'd bet he is cleaner than JM and the rest of the ELT criminals.

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Post ID: @TAx+B1AitbX

All the issues track back exactly to Peter W days in charge. It's what happens when you put marketers in charge of business

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Post ID: @Y2t+B1AitbX

707- Lmao...soo true!

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Post ID: @3Cj+B1AitbX

Somewhere, a man named Peter Waller is holding a cigar and a snifter of cognac, laughing softly to himself as he slowly shakes his head knowingly.

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Post ID: @BPw+B1AitbX

They are still enrolling new students as of today.

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Post ID: @gmj+B1AitbX

Everest and whyotech are being taught out

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Post ID: @nsD+B1AitbX

If Heald is going to close, I would think that Everest and Wyotech in California will close too. How could Heald be broke, but Everest and Wyotech still have money?

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Post ID: @vX7+B1AitbX

It should be disperse to restitution, no?

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Post ID: @uc1+B1AitbX

If CCI files BK, do they still have to pay the 29.6 million to Uncle Sam?

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Post ID: @eoQ+B1AitbX

BOOM!!!

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Post ID: @lD6+B1AitbX

BOOM!!!

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Post ID: @few+B1AitbX

Act 2: Criminal prosecution of the ELT. Don't drop the soap Jack.

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Post ID: @CeB+B1AitbX

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