Thread regarding Corinthian Colleges Inc. layoffs

I left EUO TPA a few months ago and had been trying to get out after my first couple of months. I only stayed as long as I did because I enrolled back into school to obtain another degree to make sure I'd never find myself at a place like Everest again. I have kept in touch with some of my old co-workers but am still trying to piece stuff together of what's been going on since January. Last year and the years before, members on my team and I saw the writing on the wall! We could not understand how people didn't see it like we did, but from what i'm reading, they are now. It seems like a lot has happened this year. Can someone fill me in (clean version please). Thanks!