Thread regarding Career Education Corp. layoffs

This industry is doomed! Used to work for these guys, current admissions in another model...same shit!

http://www.nytimes.com/2014/07/03/upshot/corinthian-colleges-is-closing-its-students-may-be-better-off-as-a-result.html?_r=1

CECO's numbers are horrendous: 39% of their programs failing, and others close to failing. Add the Blum controversy, and it looks very bad.