http://www.huffingtonpost.com/davidhalperin/department-of-education-r_b_13499610.html Department Of Education Requires 25 Percent Letter Of Credit To Approve University Of Phoenix Owner Change 12/07/2016 06:39 pm ET | Updated Dec 07, 2016 The U.S... — read more
Meeting with Directors
Anyone know why all the directors are in Phoenix this week?
Watch out
February 1st is coming, tick tock, tick tock, what!!!! Streamlining!!! What does that mean???? Look! A shipment of cardboard boxes??? I am moving to my car..... then the Department of Economic Un Security. I thought the new company was going to... — read more
Continuing declines in enrollment. More layoffs ahead.
"We expect that the University’s enrollment will continue declining as we implement our currently planned initiatives, although we expect the rate of decline to moderate compared to the rate during fiscal year 2016. We do not expect the University’s... — read more
Earnings call on January 9 will tell a lot
The January 9 earnings call will tell a lot about what's going on inside Apollo Group and how many more people will be fired.
Happy Again
New purchaser Apollo and UoPX future is very bright. I cannot wait. Come on February 1st.
When is the end?!
When is the company just going to go under and put everyone out of their misery?
Transferability of credits
I know that University of Phoenix is HLC accredited, but it doesn't look like credits transfer to more legitimate schools. I typed in UoPX business courses, and got no matches. Does anyone ask if credits will transfer? And if they do, how do you... — read more
No raises for you lower level peons.... but execs... that's another story
Base Salary For fiscal year 2016, the Compensation Committee took the following actions with respect to each NEO’s base salary: Effective September 1, 2015, Mr. Cappelli’s base salary increased to $1,030,000 from $1,000,000; Mr. Martin’s base salary... — read more
Enrollment must fire reps.
Enrollment managers are being told to fire staff so they dont pay severance or tuition benefits. If your only making 3 to 4 Regs per month chances are you will get a write up or terminated. They are pushing reps to do the unethical and make the quota... — read more
Faculty?
Any faculty layoff rumors?
Certification layoffs
Does anyone know what's going on with the certification layoff? Still technically in the plans until late February, but they've lost more people than needed to be laid off and the last 9 people on the initial layoff are now on their 3rd extension... — read more
Enrollment Mgr's trying to write-up or fire Enrollment Advisor's ?
I did 10 Reg's my last 3 months before I was fired !! I got fired for making a simple mistake. Have you heard or do you think Enrollment Manager's were trying to find reasons to write-up and/or fire Enrollment Advisor's so they don't have to pay a... — read more
Apollo Global also investing in Laureate
"Laureate Education, a Baltimore-based firm that owns and operates universities around the world, is planning to raise $383 million by selling stock privately to a group of six investors that includes Apollo Global Management and The Abraaj Group."... — read more
ED giving Apollo a better deal
ED is giving Apollo a better deal. Will they take it now? http://www.wsj.com/articles/education-department-amends-terms-of-approval-for-apollo-education-privatization-1482330125
I heard dhat
Enrollment gonna have layoff 2dae Time fo KFC n slaw. You feel meh. Happy holidays y'all , Camden where you at?
College of Social Sciences decreasing presence at campuses.
College of Social Sciences teaching out all counseling programs in three more campuses. Great decisionmaking to get rid of the programs that actually train people to help others in the world. And let's get rid of the free community counseling centers... — read more
8k on 10/14/2016 -- You Control Their Performance Bonus!!! (Question: Are all UOPX changes short-term Bonus-centric??)
B. For each Performance Period, the performance objectives may be based on ONE OR MORE of the following criteria: (i) pre-tax or after-tax net earnings or net income, (ii) sales or revenue growth or other revenue or sales objectives, (iii) cash flow... — read more
8K on 11/25/2016 Gainful Employment = Substantial Costs
CAUSES OF CONCERN: (1) "Based on the draft rates, University of Phoenix programs representing approximately 16% of the University’s total degreed enrollment as of August 31, 2016 FAILED TO SATIFY EITHER OF THE TWO MNIMUM DEBT SERVICE-TO-EARNINGS... — read more
8K on 12/8/16
CAUSES FOR CONCERN: (1) "Requirement that the University of Phoenix and Western International University will BE REQUIRED TO MAINTAIN ENROLLMENT LEVELS THAT ARE NO HIGHER THAN THE ENROLLMENT LEVELS ON THE DAY BEFORE THE MERGER" (2) "Requirement that... — read more
POLL QUESTION: Are you happy at work? (Y/N)
POLL QUESTION: Are you happy at work? (Y/N)
Department of Education
With the DoE's decision does the $385 million dollar line of credit/reserve apply only to the incoming buyer (Apollo Global) or does it apply to current owner (Apollo Education) as well even if the sale does not go through?
Deal may fall through
The U.S. Department of Education today approved the application of the Apollo Education Group, owner of the University of Phoenix, to convert from being a publicly-traded company to one owned by private equity firms and still keep its eligibility for... — read more
Burning through a lot of cash
Burning through a lot of cash. New commercials on major networks and shows cannot be producing new enrollments because of the place's bad rep. So the illusion of doing something when nothing can be done except close and lay off is coming closer. What... — read more
Call FTC and DOE
FTC is suppose to be investigating this 'place'...on their business practices. One point would be how often the Stop on Demand (recording of phone calls software) works. How often it works? Constant technical issues with this software. Finance is... — read more
Up to 3 colleges now Constant St. Germ
Next college on your list to take over is Business, correct St. Germ?? You are slowly but surely managing to take over the university as you planned all along, college by college. Anyone perceived as a threat to your endgame you continue to have... — read more
Chapter 7 bankruptcy
Has anyone considered or filed Chapter 7 bankruptcy in the past? With me being unemployed for 6 months now and unable to pay all my creditors, I am considering it. Every time an employer sees the degree on my resume, i feel like I am laughed at. How... — read more
In enrollment if you dont enroll students you get fired. If you enroll students regularly you get paid every 2 weeks.
If i dont enroll students i get fired so my reward for enrolling students is money. How the hell the DOE doesnt see that is beyond me. Im beginning to see that DOE and other federal agencies want UOP to max out all posdible loans for their own... — read more
Trump, Devos, and University of Phoenix
How will the Trump administration's new Department of Education affect University of Phoenix? https://www.linkedin.com/pulse/educational-corruption-devos-devolution-dahn-shaulis?published=u
Gainful Employment Penalties Start January 1st?
I believe Gainful Employment was supposed to kick in on January 1st. Programs where students were paying more than 20% of discretionary income or 8% of total earnings would be sanctioned.
DoE just end it
Tell us what days we will have off for Thanksgiving and Christmas, great. Make plans. Two weeks later, now, tell us you have to work. How do you expect employees to believe any management at the highest level. Let's reopen those surveys on our... — read more