Thread regarding Corinthian Colleges Inc. layoffs

Hindsight is 20/20

Stock offering drove this institution into the ground. everybody was more focused on stock fluctuations instead of what was going on on campus. When you have shareholders complain, the translation to on ground shouldn't be if you don't get your numbers up, we'll get someone else who can but that's how the telephone game works with incompetent middle management not knowing how to properly manage. Mostly Regional's to Presidents to Directors. It would be interesting to know what kind of education these people had prior to starting at CCI. Regardless, not requiring a college degree to sell an education never made sense.

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| 874 views | | 3 replies (last April 29, 2015) | Reply
Post ID: @OP+BfqfGUX

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Unfortunately, it's still taking unsuspecting, gullible people with it. I just found out about someone who volunteered to work for free today. sad, sad, sad.

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Post ID: @qGH+BfqfGUX

Not having an education to sell an education makes perfect sense... IF you're selling an education that is sub-standard and that most people would turn away from. In that case, you can make any sort of false promises you want (ex: Hey, if you get a criminal justice degree from Everest College you can become a FBI agent!"). People selling snake oil a hundred years ago didn't need a formal college degree, and snake oil salesmen today operating a diploma mill don't either.

If you're thinking upper and middle management needed legitimate credentials to have their jobs then you're seeing CCi as a legitimate college institution focused on higher education, which is was not. It's focus was on profits, no less than Bernie Madoff. And like Bernie Madoff, CCi went down taking a lot of unsuspecting people with it.

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Post ID: @JnJ+BfqfGUX

Very true

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Post ID: @WL1+BfqfGUX

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