DeVry stock is up. Let's trust the markets here. They know that a good product with good management is a good value. Relax: campuses will stay open (probably expand) and we will continue doing what we do to help students.
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Not only is the management incompetent
Actually, they have worked tirelessly to keep Devry going & generally growing & reacting to complex market dynamics, including rapidly evolving their competitive posture. There might be some poor or lousy managers, but most seem to have been pretty diligent coworkers. It is a shame to blame everyone for any failings of a handful.
Management-employee conflict has resulted in the destruction of thousands of companies. DeVry is no different, and it will collapse soon due to this condition. Not only is the management incompetent, they have too much responsibility beyond an effective span of control, and are reacting in an adversarial manner because they are stressed out.
I choose to accept the fact that I work for an imperfect institution whose imperfections became visible to all in 2016: the lawsuits, the fines, the declining enrollments...the layoffs, etc. But the imperfections yet to be revealed include the erosion of camaraderie and esprit des corps. Mid-level management and faculty seem to treat each other less as allies and more like adversaries. That's not going to help us turn the corner to win back public trust or help students.
How come the stock going up with all the classes quitting on us? It seems like a lot of improvements need to be put in there proper place to make the company worthy again. The professors can bearly make it with the facility's in the shape they are kept in. Put the moneys into the schools and make it good for everyone, not just the stockbreakers. Not making the changes would be a travisty for all.
Stock price is up but according to Camden and all his cronies, devry is closing! Devry is bankrupt and closing and everyone should just quit! Camden! S--- me you ugly turd!!! Nothing is closing!!!! Lol@you!!
Maybe the revamp will turn things around. No more day-long strategy sessions at each campus, they hype everyone up, but then everything goes back to standard procedure. Make the proposals work and the realignment will take form and finally the results will show it.
The title of this post is lies and propaganda. DeVry University will continue to shrink until it is closed, sold off, or continues to run with about 1000 students. All campuses are going to be closed or leased to other entities within DeVry Education Group. All managers and instructors will be fired or transferred to another division, and only a skeleton staff will remain.
Hello people: has gainful employment had any impact on the business at all or the sector? The rules have not had any effect b/c they have not been in force. This is a hope trade right now.
DeVry is in its death throws. Good riddance, let this bloodsucker pass on.
Certainly, the belief that the new administration will be lax on regulations is driving up the price, but temper your enthusiasm by remembering this is DeVry Education Group stock, not just DeVry University. DVU is just a segment of the business, along with Ross, Chamberlain, et al. If one segment under-performs, companies tend to divest themselves of said piece.
If enrollment increases, celebrate!
This is good to see. I hope it keeps up.