Thread regarding Corinthian Colleges Inc. layoffs

The zenith deal was only designed to allow CCI to die, nothing more.

It allowed the "students" to be shuffled off to a new "school" that cannot accommodate them. Zenith was set up to take on existing CCI "students" to alleviate the need for ED to potentially have to write off student debt. Zeniths job is to simply facilitate the current student population into dropping from school, then doing a much more economically feasible teach out. ECMC was probably offered a sweetheart deal from ED to take this garbage on. They paid nothing for it, I am sure they come out in great shape when zenith folds in two years time, if it even takes that long. Don't worry about new enrollment numbers, zenith isn't.

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| 651 views | | 7 replies (last February 20, 2015) | Reply
Post ID: @OP+A8K4OKE

7 replies (most recent on top)

073: they can increase the commercials all they want. They suck, and unless Zenith has one hell of a vision for appealing to students more than UOP, Devry, etc, etc, et al, our enrollment will continue to go down. I can't believe there are people who have worked at this company for years and somehow imagine that everything was going along great until ED came in and started bullying us. My initial impressions are that Zemnith has no vision. Same idiots in charge, same commercials, same admissions and f.a. tactics. Whether they are delusional to think that we're viable long-term or intending to shut us down is the question.

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Post ID: @1I5v+A8K4OKE

Not sure I believe this. Why are they begging back instructors, if they don't need them? Also, why the uptick in tv commercials?

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Post ID: @7sg+A8K4OKE

Well, that would explain why they've kept all the bad apples. Definitely time to get out.

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Post ID: @Vp9+A8K4OKE

I know media-buys are made way in advance, but shouldn't we be seeing a decrease in the Jerry Springer ads if this is the case?

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Post ID: @ftF+A8K4OKE

That's sooooo true!

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Post ID: @aj0+A8K4OKE

Makes sense to me. So far I haven't seen any better explanation of the mess.

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Post ID: @x6E+A8K4OKE

Layoffs coming

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Post ID: @8WU+A8K4OKE

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