Many of you have patiently waiting for news on the sale of CCi. Their are many things to be concerned with the sale of this company. First eliminating staff and students and teach out sell the buildings equipment, or sell programs buildings staff etc.. Here are a list of most things to worry about. 1). Brand name CCi has the most tainted reputation in the business now, the worst P.R. ever will this attract buyers? 2). Multiple legal issues that need to be resolved first from multiple states AG and DOE will most likely be settled with fines. 3). Thirty million dollars must go into a fund for students for refunds on tuition. 4). Share holders and investors will want there cut first from the sale stock presently is at .17 cents. 5). Who ever takes the leap of faith and buys this train wreck will not keep CCi folks very long getting paid $40,000 dollars a year or more in positions that are more closely to $30,000-$35,000. 6). CCi student base. What student base, dropping like flies, very high risk, why would another for profit school take on that risk, not a steady income goes against their placement rates, graduation rates and default rates. 7). Jack M and friends will have a wonderful "golden parachutes" not the employees.
Bottom line. The sale of this company at best is going to be bad. It will be a "fire sale" and hard working staff, employees, and students will suffer the most!
What are your thoughts!