Thread regarding Corinthian Colleges Inc. layoffs

Forget betting on the NCAA tournamnet. How about seeing who can pick the date that CCI fles bankruptcy?

The first weekend of games screwed up everyones NCAA bracket. A new challenge is to detrmine when - and why - CCI finally, mercifully, bites the dust. My preediction: March 30. It will be evdent by then that the remaining schools will lose CalGrant funding and enrollement will not sustain on-gpoing operations. The ELT will finally throw in the towel.

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| 774 views | | 9 replies (last March 27, 2015) | Reply
Post ID: @OP+AFXTvRN

9 replies (most recent on top)

Really, nearly a year later, this is still the conversation? Yikes. Just popped in to see what was what. Absolutely the same discussion as last I checked 3 months ago. The more things change, I guess. Yawn. Out for good.

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Post ID: @3Cqg+AFXTvRN

Two weeks. It's always been 2 weeks.

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Post ID: @3Q2W+AFXTvRN

So funny to watch what bothers CCI people. Who gives a crap about accreditation? Their model is just as broken as CCI and ITT and they are all circling the drain. There is no profit to be made when everyone graduating these overpriced diploma mills can't find a job and even when they do years later still can't afford to pay student loans. The students are going to end up getting their debt wiped off, and the schools are going to be closed as punishment over the fiasco.

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Post ID: @hvv+AFXTvRN

ITT Tech has a market cap of more than 100 times that of CCi. However, based on articles I've seen, I'd say it's not doing well. The others have market caps of a billion and several hundred billion. They aren't going away.

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Post ID: @7MU+AFXTvRN

Yeah, right -- ITT, DeVry and UoP are all going out of business. You must be Camden Kid with his bizarre wishful thinking. Those of us in the industry know that we're counter-cyclical. The economy is doing well, and so our stock prices will dip for awhile. They go up and down against the general economy like always. CK -- do you know that DeVry and UoP are regionally accredited? Do you even know what that means? It means that the same agency that oversaw and certified the programs that you went through also oversee and approve of theirs. Good grief, the level of ignorance is just breathtaking!

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Post ID: @3vD+AFXTvRN

Do the whole tournament, include the rest like ITT and Devry and UoP

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Post ID: @0Jx+AFXTvRN

Make money with CCi? Those days are long gone.

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Post ID: @Gru+AFXTvRN

OP isn't worried about when it will be filed, he's hoping to make money off of the inevitable.

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Post ID: @YuM+AFXTvRN

From about 3500 cents to under 2 cents, and you're worried about exactly when the bankruptcy will be filed?

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Post ID: @rTr+AFXTvRN

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