Thread regarding Education Management Corporation layoffs

Ride that horse till it drops !!!

Lets face it. It's about enrollment. I know that observation is a no-brainer but this operation is not a scheme with well diversified products and sources of revenue to fall back on. Case in point, look at the phoney overpriced school book store that charges at least full retail for texts that are assigned and absolutely required but

nerver used or even referred to. Real schools have active book stores that act in two ways: first, as a viable service to the student and second, ad a source of income for the school. What is the year-over-year enrollment percentage decline not the anecdotal one? Someone has got to know.

by
| 571 views | | 7 replies (last August 2, 2015) | Reply
Post ID: @OP+CJ60Ksu

7 replies (most recent on top)

You know, if you just step back from this for a second, digital books should cost nothing. The reason books cost money in the first place is for the printing. Cutting down trees, paper, print machines, ink, binding, shipping, middle men, retail and so on. Not to mention paying the author. HOWEVER, in this digital age, we should not make the same leap that books cost just as much if not more only in digital content. The only one that really needs to be paid is the author/publisher. There is no reason a big billion dollar school could not do a one time unlimited license fee and keep the books free for the students. These books are not the same as movies where it literally costs 100, million to produce. In fact, no one would buy text books unless they were forced to by a class requirement. There not works of art after all and most go out of date within 5 years. It's a scam regardless of what school is pushing it.

by
| | Reply
Post ID: @3Emd+CJ60Ksu

Cosby's lawyer again.

by
| | Reply
Post ID: @2HOF+CJ60Ksu

Anonymous127804 University of Maryland (example) shuttered the brick and mortar book store several years back. Most colleges have moved to digital books. My kids attend Catholic School and the book cost has me considering hocking a kidney. So...though you are trying to make this an EDMC thing...it is an every school thing. Culinary at Ai has been digital for years though a student can find the books to purchase if the google Amazon etc.

by
| | Reply
Post ID: @1MoF+CJ60Ksu

Anonymous127804 University of Maryland (example) shuttered the brick and mortar book store several years back. Most colleges have moved to digital books. My kids attend Catholic School and the book cost has me considering hocking a kidney. So...though you are trying to make this an EDMC thing...it is an every school thing. Culinary at Ai has been digital for years though a student can find the books to purchase if the google Amazon etc.

by
| | Reply
Post ID: @1CAv+CJ60Ksu

I agree with 421. Heart breaking to see the good, conscientious, motivated students arrive in a classroom, take one look at their fellow students and recoil in horror with the realization that they are surrounded by the "warm bodies" vacuumed off the streets to fill quotas. The good students pull the ripcord and are gone by next quarter, thus making it even harder to get any good students in the door the following year.

by
| | Reply
Post ID: @101p+CJ60Ksu

These bastards threw away even the good students. There has heretofore been no active plan for retention through advocacy and mentoring; didn't need one. Just recruit more warm bodies by feeding off the cache of reputable colleges and universities. You would think it would be in there own self serving best interests to at least do this. You could just fake it. But no that would require work above and beyond just dipping into federal loan monies like drunken grifters. Now that the status quo is being challenged through declining enrollments, gainfulful employment, financial malfeasance and incompetance,endless lawsuits and legions of rightfully disgruntled but still, in many cases, worthy instructors, students, parents, and taxpayers, the only solution now is to cut off the damn money supply that feeds this beast and get it the hell over with.

by
| | Reply
Post ID: @n8v+CJ60Ksu

That's why they tried to start the "Get Creative" non-credit classes. Too little - too late -too lame and expensive. Way to prove everything that is wrong about the company to the public.

by
| | Reply
Post ID: @ES0+CJ60Ksu

Post a reply

: