I'll put $1.00 on Sept. 30
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THEN SOCLE?
I think mid dec is very optomistic. I don't think the cash will hold out nearly that long, given the reduced enrollment and their apparent unwillingness to put in meanigful cost reductions (read "masive layoffs starting with regional and corp managment"). . I'll take 10/31.
They will file chapter 7 mid to late December all loans are due 12/31/2014.
If they file bankruptcy, they will pretty much close. They can't sell or get any federal financial aid funding. Bankruptcy = closure.