If i dont enroll students i get fired so my reward for enrolling students is money. How the hell the DOE doesnt see that is beyond me. Im beginning to see that DOE and other federal agencies want UOP to max out all posdible loans for their own benefit, after all the interest alone is billions of dollars. Working at UOP is not like working other colleges. If you work at a community college and a student doesnt enroll with you you still keep your job and benefits. If I dont enroll at UOP I get pulled into a room and threatened or written up and fired. What the hell is wrong with the Department of Education.
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http://investors.apollo.edu/phoenix.zhtml?c=79624
(ii) University of Phoenix fiscal year-to-date new degreed enrollments as of the applicable month end must not have declined by more than certain levels (which are derived from the projections we prepared in December 2015 in connection with the merger, which we refer to as the December 2015
forecast);
(iii) University of Phoenix trailing twelve month net revenue as of the applicable month end shall not have declined by more than certain levels (which are derived from the December 2015 forecast); and
(iv) Our consolidated trailing twelve month adjusted earnings before interest, taxes, depreciation and amortization as of the applicable month end shall not have declined by more than certain levels (which are derived from the December 2015 forecast). The Merger Agreement may be terminated by each of us and Queso under certain circumstances, including if the merger is not consummated by 5:00 pm
Eastern time on February 1, 2017. Upon termination of the Merger Agreement under certain specified circumstances, but not including a termination solely due to our failure to satisfy the minimum operating metrics described above, we will be required to pay Queso a termination fee of approximately $27.5 million, and under other specified circumstances, Queso will be required to pay us a reverse termination fee of $25.0 million."
You dummies - your leadership is already planning for declines - and are just hoping that the decline is not so steep that it jeopardizes their executive payouts if they pull off this heist - or if if falls through on 2/1/2017, YOU take that 27m dollar hit - who do you think is gonna pay!?!? ENROLLMENT - all of you are getting laid off to pay that money!!!
Wake up... stop b--ching at each over over who is right & who is wrong about job requirements and enrollment and getting REGs... this thing is bigger than you!! The only reason I decided to post this is because I still have friends there (who are not crying like you people in this post) - but the read these posts - and I hope they get the message and save themselves. Many have... there are a few left... but for all of you, I truly wish you luck - just don't be misguided by silliness and stupidity - read for yourselves!
Enrollment managers are being told to fire staff so they dont pay severance or tuition benefits. If your only making 3 to 4 Regs per month chances are you will get a write up or terminated. They are pushing reps to do the unethical and make the quota but then they will turn around and fire you for being unethical. Company should burn to the ground. I called the FTC and DOE. F()€K them.
Has anyone heard rumors that Enrollment Manager's were told to give Enrollment Advisor's a hard time in their one on ones so they quit, and/or write-up or fire Enrollment Advisor's so they don't have to pay a huge severance package so there is no bad lay-off news in the press?? Is your mgr harassing you over the littlest stupid sh-- in your one on one's? Who has the final decision whether to lay-off Enrollment Mgr---the director or Vice President?? Share your thoughts.....
You're an idiot! If you sell no burgers you still get paid not at UOP.
Sooooooooo.... you are an enrollment representative.... if you don't enroll you will lose your job... how is that confusing???? Your job is to enroll... when did that change? If your paid to flip burgers and you don't flip burgers you will get fired...
What's amazing is that Camden keeps whining day after day after day after day
@KFBskLT-1jhg, other schools have contracted their sales work out to other companies. It's amazing that Apollo Education didn't do this years ago.
But at UOP if a student doesnt enroll you get fired. Theres a difference from UOP to other schools.
DOE didnt make it illegal to get paid. They made it illegal to get a bonus of enrolling students. So no extra incentives to enroll. Otherwise there would be no such thing as an enrollment advisor or counselor at any University.
@ITT/Corinthian, I believe you are right when you say "no one cares." It's about numbers (like "gainful employment" calculations) and political calculations. ED cannot afford to lend money out that cannot be returned, but there is also the danger of moral hazard (what if more students won't repay their loans?). There is also corporate and political corruption, and we are not privy to what's happening behind the scenes.
https://www.scribd.com/collections/2742136/CREW-Department-of-Education-Regarding-For-Profit-Education
What killed ITT and Corinthian was their inability to manage their books. Otherwise they would still be open because the DOE doesnt really care about the qualtiy or the price gouge. Camdenkid no one cares.
Your stupid! @ KFBskLT-xtb stop posting on Cappelis behalf. If you work at another school you help enroll the students that are interested without being penalized if they dont. McDonald's is not a fair comparison. Stop trolling and lying. Also if you have some tenure you have to enroll more in order to pay for your own salary. DOE is blind deaf and dumb.
Quotas: 1 to 3 years tenure you must have 4 to 6 REGS per months. 4 to 6 years tenure and you need 6 to 8 REGS per month 6 years or more in tenure and you should consistently have double digits in REGS every month. There are always quotas. Its all about the numbers. Thats just the way it is.
I could have 7 incoming interested students today that might all have reached their aggregate limit in financial aid eligibility or are in default or are illegal immigrants or have no high school or dont quailfy for pell grant and therefore have to pay out of pocket and refuse to enroll...how is it my fault that I cant enroll them. But I am still expected to enroll. That is a quota!!! Don't get it twisted with all the stupid wanna be justfications of "well if you don't sell cars" that is nonsense a 65k degree should not be sold period! Even if all the incoming calls are unqualified illiterate defaulted students I will still get written up if I dont enroll. Its a quota.
DOE made unlawful to get paid to recruit students a few years back. Stocking shelves and selling cars is different you moron. A degree at UOP is $60k + so I have to push that down unsuspecting callers hence I try to get everynone I can or else.
If you are paid to sell cars and you sell cars you get paid. If you are paid to sell cars and you sell no cars you do not get paid. Case closed.
If you are paid to stock shelves and you do stock shelves you continue to get paid. If you do not stock shelves and the shelves are empty you do not get paid nor should you. Case closed.
So the fact that we literally get paid to enroll is not important? Did the DOE let that important fact slide through? If you dont enroll at your tenure level you will get fired! Explain how thats legal, please.
Not true Cam, if you work at another school and continuously dont enroll students and that is your job, you may not keep said job. Why arent they enrolling with you? If I have a job at McDonalds as a cashier, but cant take peoples money, I wont have a job. If I'm a minister at a church, and no people come to my services, I probably wont be the minister of that church much longer. If people have a job, they must do that job to keep it. Now, if you meant to state that the enrollment employee didnt hit a quota of some sort, than say that. But guess what, there is no quota. There is an expectation, which is a difference. Whether you want to think so or not, thats up to you. But be real, there is no added pressure. That was so 2009!
@KFBskLT, the problem is that the US Department of Education has two obligations related to loans:
(1) to lend money at interest
(2) to collect money from student debtors
If government money is going to people who cannot repay their loans, the US government loses. That's a major reason that Corinthian Colleges and ITT Educational Services failed, and why other colleges have been on ED's radar.