Thread regarding Corinthian Colleges Inc. layoffs

I can't speak for the 85 schools that are not on "teach-out to be closed in a year", but for my campus .........

In response to questions about campus F/A departments being busy or not.........As of July 8th, I'm the only one in FA. We still have hundreds of students. Required Federal procedures have to completed (student loan exit counseling, default prevention management -- our % is still under 10 and as long as I'm there I intend to assist my students in avoiding default and delinquencies) SOCLE will call the students for packaging issues, but they tell them to go see their F/A dept at the campus. VA has to be maintained as directed by their regulations. Students still seem to want assistance with Genesis payments. Non title 4 payments have to be posted and deposited. We still have re-enters that have to be packaged (SOCLE doesn't do this). Ensuring all documents needed for 2nd award year re-paks are completed on time. The Federal work study program has to be maintained and supervised. I'm very busy and it's very nice not to have to be on conference calls anymore! The teach out schools were not impacted by the 10% wage reductions-we're already getting screwed so I'm grateful CSC exempted the closing campuses from this latest abuse.

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| 481 views | | 3 replies (last August 9, 2014) | Reply
Post ID: @OP+x0eJhcB

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785, it's a huge wonder in my department as well, given enrollment has hit the shits and the ONLY money we have is what students get in FA. How are all these big salaries getting paid.

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Post ID: @5z2+x0eJhcB

And let me add: I am appreciative of what the finance department does! I am not questioning the value of the finance department at all.

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Post ID: @iCC+x0eJhcB

Oh, I didn't mean to suggest that the work is not there, but rather, at one time the Director of Finance had many employees to manage. Now that essentially all the finance employees are gone, I wonder why they need so much management for so few employees. So many directors, so few employees. In other words, there are too many chiefs and not enough Indians.

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Post ID: @9FF+x0eJhcB

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