Really, what value is left with University of Phoenix, and what can be sold off?
https://nypost.com/2018/03/12/firms-having-trouble-threatening-creditors-with-bankruptcy/
https://cen.acs.org/business/finance/Chemical-maker-Hexion-files-bankruptcy/97/i14
https://therealdeal.com/miami/2018/03/10/claires-stores-plans-to-file-chapter-11-bankruptcy/
https://nypost.com/2016/08/10/apollos-strange-self-dealing-in-caesars-bankruptcy-battle/
Not quite there, but certainly on a similar path:
https://www.thelayoff.com/corinthian-colleges
https://www.thelayoff.com/itt-educational-services
https://www.thelayoff.com/education-management-corporation
UoPX is not the only one:
https://www.insidehighered.com/quicktakes/2019/05/30/college-enrollment-declines-continue
Campuses are closing each year. No new hires. No new campuses. Tenured people who know how to do the job well, they are leaving. VP’s trying to pull every rabbit out of a hat to get more enrollments, which never graduate. It’s only a matter of time. The writing is on the wall. Talk with any employee there, that isn’t drinking the coolaid, and they will tell you how bad things have become. From 60 enrollment reps at one single campus, down to 5 now. Make no mistake about it, Uop is crashing and burning. It’s only a matter of time.
@ZkkXyny-xwa, no doomsday. But there have been serious loses that may be insurmountable. Enrollment down from 470,000 in 2010 to a number that UoPX won't even tell because it's too embarrassing. Hundreds of campuses closed and a few ghost campuses left. A name that is tarnished perhaps beyond repair. Right now, University of Phoenix is at the mercy of vulture capital, Apollo Global Management. And they have no obligation to keep the lights or the doors open.
Lol, you clowns have been wanting this University to fold for 9 years now with the doomsday rumors. Yet, they are still here.
I hope BK happens soon. I would love to see this place fold even if that means I lose my job. It’s what needs to happen.