Topics regarding layoffs at Rasmussen College

Topics regarding layoffs at Rasmussen College

Share price is plummeting...

Price per share of APEI down to $4.43. Earnings call in November.

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Post ID: @OP+1p3uZ5LX

PS

https://seekingalpha.com/article/4604081-american-public-education-inc-apei-q1-2023-earnings-call-transcript

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Post ID: @OP+1mD6iLes

Rasmussen NCLEX Pass Rates

https://www.rasmussen.edu/degrees/nursing/professional-nursing/program-outcomes-course-sequence/

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Post ID: @OP+1lMyo553

Not good.

Looks like Rasmussen will need major restructuring. https://www.thelayoff.com/t/1lEaJSsu

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Post ID: @OP+1lEEa608

How many campuses will close in 2023?

If Rasmussen is losing money, which campuses/learning sites will be on the chopping block?

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Post ID: @OP+1kF1FU8Y

Campus closings...

Brooklyn Park, MN https://www2.ed.gov/offices/OSFAP/PEPS/docs/dec2022sec1.pdf Who's next?

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Post ID: @OP+1kFLUt4T

And even more losses...

https://seekingalpha.com/pr/19011892-american-public-education-reports-third-quarter-2022-results

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Post ID: @OP+1jCroujN

More losses...

Enrollment down... https://seekingalpha.com/filings/pdf/16003122

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Post ID: @OP+1i9vaLC0

RIFS in Q1

Lower enrollments mean more RIFs

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Post ID: @OP+1fyvnvLs

Grad Reports show...

only 28 percent recommend the school and only 37 percent say it helped their careers. https://www.gradreports.com/colleges/rasmussen-college

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Post ID: @OP+ZBr1bdQ

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