It probably won't be at current salaries. Even if it sells, they could still fail. So many students have left. If it is ECMC, they have to build a college from scratch from the ruins of CCI. I think it's not smart to hang your hats on nothing. A sale does not translate to everyone keeping their jobs and going back to old salaries.
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Well, if we do get a buyer I hope it's ECMC. They have no experience in the business and seem to be young, brash and optimistic. They might decide to try to keep things going in their current state as they learn the business. A few more months of jobs then, before they fail and close.
Thank you for this breaking news, Captain Obvious.
It's strange that the attitude is that someone comes in, buys us, and p-cards and salaries are reinstated. It's likely there will be huge layoffs before any sale happens anyway. I would feel better if a known college was coming in. But a start up? That seems weird, especially considering known colleges are closing campuses (EDMC, UP, ITT, Strayer) all over the country. Start up for profit in this climate (career colleges don't do well when the economy is good) seems like a fail.
What? The same problems will still exist for the new buyer? Say it ain't so!