With the financial crisis this company is in there's no possibility of teaching out the schools that are for sale. If they don't sell soon there will be bankruptcy. CCi can't last much longer without an influx of cash.
10 replies (most recent on top)
Has soap heard that he is not even affiliated with CCI so he doesn't know what will happen?
There's a strong chance of several other campuses closing if there are no buyers to pick them up. No matter what, cci is no longer going to exist, so all they can do is closer the really poor campuses and try to sell the others. Again, if they can't, they will have to go in close out for them too.
No. Not true.
Troll
Nope.
How can they close if they have plans for January? Hard to know what's real.
If we can't make payroll either campuses will close or we'll limp along with a skeleton crew until end of December when our deadline by DOE is up.
Nobody's heard that. I don't think it's true. But if it is, I will NOT be surprised.
Closing? Going to 6 week format in January? Wow! The rumor mill is getting crazy!