Thread regarding Zenith Education Group layoffs

Leftover CCi Leadership is a Liability for Zenith Education. No Brakes on this Train!

Senator Durbin has put it in writing......and is awaiting a response from the U.S. Attorney General

"We write today to urge the Department of Justice to fully investigate the misconduct of the recently failed for-profit education company Corinthian Colleges, Inc. (“Corinthian”) and of its executive leadership. We further request that the Department IDENTIFY THE TOOLS IT HAS AT ITS DISPOSAL TO HOLD EXECUTIVES OF FOR-PROFIT EDUCATION COMPANIES PERSONALLY ACCOUNTABLE FOR THEIR INVOLVEMENT IN THE COMPANIES' VIOLATIONS OF FEDERAL CIVIL OR CRIMINAL LAWS///

CORINTHIAN'S collapse over the past year has come at the cost of hundreds of millions in taxpayer dollars and at the expense of thousands of students who were enticed to enroll in - and to incur massive debt for - failing school programs. At the same time that Corinthian’s executives were enriching themselves on federal student loan dollars, with the CEO making an annual salary that exceeded $3 million, allegations of Corinthian’s misbehavior grew increasingly widespread. These included ALLEGATIONS THAT CORINTHIAN OFFICIALS FALSIFIED AND MANIPULATED DATA THAT WERE PROVIDED TO STUDENTS AND TO THE FEDERAL GOVERNMENT, among other deceits and misrepresentations." http://www.durbin.senate.gov/newsroom/press-releases/senators-call-for-attorney-general-investigation-of-corinthian-colleges-failure

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| 721 views | | 12 replies (last May 15, 2015) | Reply
Post ID: @OP+BntMRo2

12 replies (most recent on top)

Observer: There is plenty of evidence to support the hypothesis ("conspiracy theory".....)offered by 526 and 605. 605 lists several valid points. Add to that declining revenue in an industry characterized by decline, facilities and equipment in disrepair, the absence of campus security and staff attrition without replacement. Do you have any contrary evidence to dis-prove the hypothesis? Can you offer any facts at all that provide even modest hope that there is a bright, long term future for Zenith? This has been a hell of a year. It is natural for many to want to believe that Zenth really is the answerr to CCI's woes. The facts just don't bear it out.

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Post ID: @8xHp+BntMRo2

Conspiracy theories are a dimebag a dozen Prove it and leave a legacy

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Post ID: @82MN+BntMRo2

Zenith was established by the DOE and ECMC to close all of the schools. Zenith has to make it look like they tried to turn the schools around because of all the back lash from the democratic senators. The deal never was made public but apparently Durbin and the others senators were briefed on the plan because of of a sudden they quit complaining about the sale. Look at all the signs, no campus budgets, no changes in management, an interim president, disbanding of the recruiting teams, no advertising blitz, mass layoffs at the campuses, bringing on the hitman Stigshit and many more. The DOE gave ECMC a year to finish the job of reducing student population to a manageable size then teach outs.

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Post ID: @8Wln+BntMRo2

098- There is no plan for Zentih to survive long term. Only long enough for the student population to decrease to a level that the DOE is willing to swallow the loans that will be forgiven. Who better to help do that than the leftover,corrupt, bogus management team?

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Post ID: @73kW+BntMRo2

Don't Daniel Hu another useless executive from the old Carmella days who somehow managed to keep his job given he has no real work experience. Just another blowhard riding the gravy train. He went from the online IT asswipe to the project management group then slide over to On-Line division when Carmella took over that group.

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Post ID: @1LC0+BntMRo2

Close this crap down ASAP!

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Post ID: @1W4y+BntMRo2

This train is about to go over the cliff taking all of us with it.

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Post ID: @1POD+BntMRo2

Thanks Loretta.

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Post ID: @1UjP+BntMRo2

I'm working on it, 099

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Post ID: @r5Y+BntMRo2

Put all of them in jail.

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Post ID: @Ayc+BntMRo2

If Zenith has any chance to survive they need to part ways with any CCI leadership. Having the corruption around is demoralizing to the rest of us. It also devalues the name of Everest knowing that the people who crashed the CCI organization are now working on crashing Zenith.

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Post ID: @j6S+BntMRo2

Agree----get rid of Stigshit and Kim D. They suck anyway

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Post ID: @QEC+BntMRo2

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