The collapse of Corinthian Colleges was just the beginning of the #4profit #zombiecollege #crash. Across the US, for-profit colleges continue to operate, but at such a low level that people are wondering how they will stay alive. At this point, it's mostly advertising, aggressive marketing, and tons of government cash that keep Zenith going.
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They are in a teach out, just not letting anyone know.
ZEG is dying on a vine slowly.
Orazi was telling staff of predictions for CJ / Paralegal (or paraplegic as she joked many times mocking EU students) is under 1800 combined for coming term after graduations and drops. Obviously a close out.
CK: You are correct. In addition, I think Zenith will be forced to go to a teach out mode by the end of the year. There is no way this fraud will survive. Financially, they are hurting a lot because the enrollments are down by hundreds of students. They do layoffs frequently and cutting down people by the hundreds. This is just the beginning of the end. With respect to compliance they are as good as CCI was.
If you look at the student population and new enrollment numbers, Zenith won't be going much longer.