Thread regarding Corinthian Colleges Inc. layoffs

Any new updates for Everest Online?

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| 521 views | | 6 replies (last July 18, 2014) | Reply
Post ID: @OP+wET6biY

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That doesn't surprise me. They probably don't have answers, since nobody really knows what will happen if/when there's a sale. But if ECP and ECPO are not enrolling, there's probably some major changes coming. Maybe they will start with mandatory vacation time. But they won't keep full staff when they have low or no enrollment.

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Post ID: @KeI+wET6biY

Well, the phone call wasn't very useful. Basically it just talked about the importance of outreach, the email from Jack that had the "media isn't getting it right" bit, and we were referred to the WSJ article. There were a lot of questions from faculty that weren't answered very well beyond what we already know. Someone asked about what happens if the school doesn't get any funds, and we were told that nothing will happen to us. Then someone asked if that's the case, why is the school for sale? We were told "a cash flow problem". I did not find the meeting very enlightening. Basically it was the same stuff we get told in emails.

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Post ID: @ppQ+wET6biY

I guess one good thing about not getting classes: if everest can't get students, they won't have payroll. I won't get paid, but at least I am not working!

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Post ID: @yXR+wET6biY

Obviously, retention in the first two weeks is going to be key, especially if they are not enrolling and gave a fraction of the students they did last term. With a 58% liss of students, it will be unlikely CCI can stay afloat until they sell.

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Post ID: @8mC+wET6biY

Not everyone was invited to

A welcome call. Those of us without classes/jobs get to start our weekend early!!

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Post ID: @4hP+wET6biY

We have a "welcome call" today, which we haven't done before. I'm going to go and see what they have to say. Yesterday, we received an email that states "58% of students are at risk for attendance violation this week." They are basically acting like nothing is going on so far this semester.

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Post ID: @Ufy+wET6biY

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