I know they are "vertically integrated" for over a million years and "concentrically" wrapped around the necks of student success or some such insane hyperbolic corporate speak, but what's the real story?
What's going on with the numbas. A poster said another two years. What's that based on?
Please, no wishful thinking. Just the facts.
"South has very strong capped programs, including Pharmacy, Physician assistant, Anesthesia Assistants, Physical therapy assistants etc. They are too big to fail, and these are very lucrative and money making programs. That's what's saving South. My humble opinion."
Give me some of what your smoking. ITT Tech?
Come Back to Reality:
South has strong programs, soooooo what. You think the bank or landlord cares if South has strong programs? They only care about being paid. If a business can't pay its debt obligations it cannot continue to operate. If the school goes into bankruptcy it looses the eligibility for student loans. If the school loses accreditation (which can be for financial stability) it loses its ability to be eligible for student loans. If it can't get student loans it cannot operate, Why?, for-profit schools are allowed to generate income to operate by the 90/10 rule which stipulates 90% of the school's revenue can come from from student loans. And since most students attending for-profit colleges are doing so by taking out student loans, no revenue and no cash-flow. You think a student is going to stick around without the ability to pay? Nope, and there goes your students and any ability to generate revenue even IF you are able to regain student loan eligibility.
Eggcorns are delicious
@iac I think you mean to say "for all intents and purposes."
"For all intensive purposes suo also follows this..."
Did this bug anyone else???
Did you mean to say... for all intents and purposes?
Eggcorns are my pet peeve...
South will not rise.....again.....
South will not rise.....again.....
WPB is certainly still in business.
As for the plan for the future, tbd. Waiting for every possible dceh connection to end before figuring out next step
Is SU WPB still in business? Or is SU moving to more online programs?
In the most simple sense- south operates more or less like a “traditional or normal” university. Admissions wise, passing classes, making decisions administratively based upon the health of the academic/financial not the “fantasy nonsense” that perhaps other systems focused on.
For all intensive purposes suo also follows this, they were never part of EDMC-OHE, they were just owned by EDMC not managed by them.
Here we go again with the circumlocution. Just the "facts" as you know them please.
South has very strong capped programs, including Pharmacy, Physician assistant, Anesthesia Assistants, Physical therapy assistants etc. They are too big to fail, and these are very lucrative and money making programs. That's what's saving South. My humble opinion.
South will survive, should of left them alone to begin with.
Numbers are based on massively negative cash balance and a lot of wishful thinking in the hopes that some other schools will take the students in which might happen if you're in the right location.