We will all face more layoffs and campus closures. The longer this sale drags on, look for an announcement that ECMC pulled out from their offer or reduced the number of campuses they were interested in purchasing. COCO is broke and with the loss of their option of selling off student debt, more layoffs are eminent. Everest campus doors were locked today at a campus in Tex because COCO can't pay the rent. Landlord locked the doors this morning leaving staff and students scratching their heads in the parking lot. It's going to get worse before it gets better. Selling what campuses are economically viable to smaller buyers might be the only option left for COCO and the FDOE.
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no employees will be retained in any sale, if there is one. Time to grow up.