http://www.theaustralian.com.au/national-affairs/education/navitas-boss-rod-jones-expects-crackdown-after-vocations-woes/story-fn59nlz9-1227112728917
9 replies (most recent on top)
SAE is screwed its a big ass educational Ponzi scheme.
I don't think SAE will go out of business.......there will always be people who want to get into the music industry and learn the craft. I just think a bunch of morons down in HQ over promised student increase, revenue, etc. They also spent too much money (on Expressions College, etc) and when that money didn't come in like they had promised..........the big boys came down to HQ and cleaned house. In the wake of that alot of good people (I'm one of them) had to pay the price of their mistakes and now I'm out of a job. Also alot of the SAE campuses didn't make their Oct start goals.......some I heard like the LA campus missed it by alot. When this happens people get laid off so that they can make up for the revenue shortfall.
Will SAE close down.......doubt it. They will just be run with fewer people. I feel sorry for the ones that are there......they will be doing the jobs of 2 people and still get paid the same amount of money.
So is all of SAE in jeopardy?
This article also probably gives some light to the financial dilemma. Though I'm not sure if any SaE European campuses had a layoff
I get that
48958- the good thing as a student is the faculty does know what it's doing and are great educators. This is just corporate BS.
Oh sorry. Im a student. I didn't know that.
Navitas owns SAE
What does this have to do with SAE?