Thread regarding DeVry Inc. layoffs

DeVry is on Heightened Cash Monitoring 1 program

Seems like DeVry is continuing to experience major financial difficulties that usually presage collapse.

https://studentaid.ed.gov/sa/about/data-center/school/hcm

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| 1991 views | | 14 replies (last April 5, 2019) | Reply
Post ID: @OP+YjSSfQ0

14 replies (most recent on top)

Camden the troll...the money is coming from Palm Ventures not Cogswell and they have plenty.

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Post ID: @7qem+YjSSfQ0

Should we take out our hankies for any of these managers? I'm sure they have bills, families, and reasons for staying with a company that makes them into tools. I wonder if they weep into their pillows at night. I wonder if they experience any pangs of conscience over protecting their asses at the expense of exposing ours.

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Post ID: @3xlu+YjSSfQ0

2fiv--yes, but at what point are they culpable? I gave no, zilch, nada, zip, niet cause for firing. In fact, the year prior to my quitting, I achieved "Excels" across all categories (my last manager before she was fired). My next managers made all of our lives so interminably difficult; and I do believe in my group, I was the most vulnerable. But, they had no legitimate cause for firing me before others based on performance, activity, or service. Instead, they rearranged my courses and required an impossible commute (about 3 hours each way), and I gave up. In a terse email, I was asked to inform my manager if I "could not fulfill my obligations." My manager, too, was undoubtedly under pressure to "right-size" the budget. But there was no excuse to behave cruelly and inhumanely.

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Post ID: @3ytm+YjSSfQ0

2uzv...agreed. No names. And I think it's fair to say about all/most of those being pilloried that they find themselves in an impossible position...instruments of polices which I'm sure they'd rather not be part of. I'm sure this is not the career trajectory they had hoped for. Some simply wanted to be teachers, or scholars(both in one case), or administrators in a system as reputable and honorable as them. Now, they're victims, almost as much as those they're charged with directing.

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Post ID: @2fiv+YjSSfQ0

Hey, folks, it’s best to keep specific names off of this public forum, and for the record this post is not coming from LB. I’m just another instructor here. We all know who the players are, but maybe just use an initial or two as identifiers. Like most of you, as a faculty member I’m disgusted by all of management’s misguided mayhem in trying to desperately navigate a devolving industry that’s currently killing many nonprofit and for-profit entities. I believe I used to be pretty good at this job, but as professors we’re now being maneuvered into an increasingly untenable position the way these courses are being packaged, monitored and evaluated. A lot of us are in the same advanced age bracket, and if I could squeeze out just another couple of years and do so with a bit of grace, dignity, and sanity in this environment, that’s all I could ask for before it inevitably collapses.

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Post ID: @2uzv+YjSSfQ0

2vlv Poor Lynn...so much grief

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Post ID: @2ytz+YjSSfQ0

I wonder if the new course is created by Burks and just as lame and useless as the other one?

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Post ID: @2vlv+YjSSfQ0

That’s CBC401. The new course will appear in your Canvas dashboard next week and needs to be completed by the following week or you won’t be allowed to teach in the May term.

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Post ID: @1paw+YjSSfQ0

what about offering another faculty training on the subject?

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Post ID: @1aei+YjSSfQ0

Don’t worry. They have a strategic plan and everything will work out fine.

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Post ID: @1lwf+YjSSfQ0

Scrooge and Marley's

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Post ID: @1nsp+YjSSfQ0

Yes. We’re aware of this.

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Post ID: @fdg+YjSSfQ0

The problem now is that DeVry is not financially backed by a larger company. Has anyone seen Cogswell's headquarters?

https://www.google.com/maps/place/19+W+Elm+St,+Greenwich,+CT+06830/@41.027029,-73.629157,17z/data=!3m1!4b1!4m5!3m4!1s0x89c29848f90f9f05:0x8dca2fb97a41be8e!8m2!3d41.027029!4d-73.6269683

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Post ID: @cxf+YjSSfQ0

Devry has been on heightened cash monitoring since at least 2009. The most meaningful impact of this is that students cannot have their credit balances held to cover a prior term balance, even with a signed authorization. Most of Devry students will spend their refund immediately, which means the balance never gets paid.

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Post ID: @viz+YjSSfQ0

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