Topics regarding layoffs at Perdoceo (formerly Career Education Corp.)

Topics regarding layoffs at Perdoceo (formerly Career Education Corp.)

Failing with student loan repayment

Republic Report - Investigating how money corrupts democracy https://share.google/qXXdUwnMv0ATcfKhv

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Post ID: @OP+1k0yx41x8

Qui tam

https://s3.documentcloud.org/documents/24371074/amended-complaint-colorado-technical-u.pdf

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| 392 views | | no replies yet
Post ID: @OP+1qJv3GkM

Todd Nelson is back...

https://seekingalpha.com/news/4038363-perdoceo-education-ceo-resigns-replaced-by-todd-nelson#comments

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Post ID: @OP+1pGXG2CX

Todd Nelson

https://www.republicreport.org/2023/perdoceo-chairman-in-legal-disputes-over-daughter-in-laws-death/

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Post ID: @OP+1oVi2wuJ

Borrower Defense Claims Surpass 750,000. Consumers Empowered. Subprime Colleges and Programs Threatened.

As of January 2023, there are more than ¾ of a million Borrower Defense claims against schools. And each month, about 16,000 new claims are added. Those claims are disproportionately made against a number of for-profit colleges and formerly... — read more 

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| 871 views | | 2 replies (last April 5, 2023)
Post ID: @OP+1lFQUKL2

TN selling shares?

https://www.republicreport.org/2022/why-is-perdoceos-chair-selling-so-much-company-stock/

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| 593 views | | 1 reply (November 14, 2022)
Post ID: @OP+1jHdQ7ge

Department of Education and Federal Student Aid Invite Tips and Information from Knowledgeable Sources on Potential Violations by Institutions

In furtherance of its oversight responsibilities, Federal Student Aid (“FSA”) issues this bulletin to solicit information from knowledgeable sources about potential violations of the Higher Education Act and its implementing regulations. FSA has... — read more 

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Post ID: @OP+1jFJNTFo

Machine Learning

"We are making necessary investments to upgrade our student-serving systems and to continue to leverage data analytics and machine learning to enable timely and relevant engagement with our students. We launched a new student relationship system that... — read more 

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Post ID: @OP+1jB2PTFN

Cal Southern?

Another subprime school that sounds like a good school? What could possibly go wrong? #collegemeltdown https://www.calsouthern.edu/history/

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| 750 views | | no replies yet
Post ID: @OP+1iox3mdX

Perdoceo and US Higher Education History

"In 2015, Corinthian Colleges and Le Cordon Bleu went out of business. A year later ITT Tech closed all of its doors. The Art Institutes also closed dozens of campuses. In 2018, Virginia College campuses closed, and Kaplan Higher Education sold its... — read more 

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Post ID: @OP+1i3WCjcV

Sweet v Cardona

How many Borrower Defense claims have been made against Perdoceo schools? https://predatorystudentlending.org/cases/sweet-v-devos/

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Post ID: @OP+1hGde2nl

Earnings Call

"With that said, total student enrollments at December 31, 2021 decreased by 5.4% as compared to the prior year end." https://seekingalpha.com/article/4490306-perdoceo-education-corp-prdo-ceo-andrew-hurst-on-q4-2021-results-earnings-call-transcript — read more 

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| 866 views | | 1 reply (February 25, 2022)
Post ID: @OP+1ftzSsIj

College Meltdown 2.0

"College Meltdown 2.0 comes as the Coronavirus Pandemic becomes more normalized, student loan debt approaches $2 trillion, and the 2026 enrollment cliff is just a few years away. This wave includes remnants of for-profit colleges like zombie college... — read more 

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| 841 views | | no replies yet
Post ID: @OP+1foPbtBa

New CEO

https://seekingalpha.com/news/3790094-perdoceo-education-names-andrew-hurst-as-president-and-ceo

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| 912 views | | 1 reply (September 4, 2022)
Post ID: @OP+1eVXD9jP

Higher Ed Call Center Rep

$15-17 an hour. Slightly better than working for Maximus.

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| 703 views | | no replies yet
Post ID: @OP+1eTc2kMr

"Perdoceo Education: 2 Sides Of A Very Puzzling Coin"

The upside of layoffs is that it reduces expenses. If you're not going to join a union, why not invest in the stock? https://seekingalpha.com/article/4452996-perdoceo-education-stock-2-sides-of-a-very-puzzling-coin#comment-89983281

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| 932 views | | no replies yet
Post ID: @OP+1cDXS8r9

Debt Sentence

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true

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| 862 views | | no replies yet
Post ID: @OP+1bGUueAo

Debt Sentence

Student loan default is a traumatic, stigmatizing experience. Because of that, many working people keep the pain of their student loan problems to themselves. https://www.proquest.com/docview/2540743739?pq-origsite=gscholar&fromopenview=true

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| 542 views | | no replies yet
Post ID: @OP+1bG10SQD

When does PRDO change its model?

Why haven't enrollment people in the US replaced by workers in India? https://higheredinquirer.blogspot.com/2021/07/the-growth-of-robot-colleges.html

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| 772 views | | no replies yet
Post ID: @OP+1bClhN2O

The calls are annoying

AIU thinks that by spoofing their calls that they can get more people to enroll? Think again.

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| 942 views | | 1 reply (June 22, 2021)
Post ID: @OP+1a5EQhUd

Perdoceo Hired Hands

"Perdoceo Education Corp., operator of for-profit colleges that have repeatedly faced law enforcement actions for deceiving and abusing low-income students, announced today that Alan Wheat, a former Democratic congressman representing Missouri, has... — read more 

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| 1451 views | | 2 replies (last March 12, 2021)
Post ID: @OP+19Pn2SKT

Buyer Beware

https://www.linkedin.com/pulse/buyer-beware-servicemembers-veterans-families-need-guard-dahn-shaulis/

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Post ID: @OP+19lMDzu2

New Federal Legislation Protects Veterans From Predatory Schools

https://vetsedsuccess.org/veterans-education-success-hails-unanimous-passage-of-landmark-legislation-to-protect-student-veterans-and-ensure-better-oversight-of-gi-bill-colleges/ “This landmark legislation expands student veterans’ protections and... — read more 

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Post ID: @OP+18twlynq

Bot U?

"One of our initiatives to expand the use of artificial intelligence (“AI”) and machine learning throughout the academic life cycle is AIU’s AI-based virtual assistant “chatbot” that we have named Lucy. Lucy has streamlined the process for... — read more 

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| 1293 views | | 1 reply (December 14, 2020)
Post ID: @OP+18jX2lgv

Student X

Tell me how you feel about this. http://collegemeltdown.blogspot.com/2020/11/a-letter-to-us-department-of-education.html

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| 601 views | | no replies yet
Post ID: @OP+17TItMRP

The College Dream is Over

https://collegemeltdown.blogspot.com/2020/10/the-college-dream-is-over-gary-roth.html

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| 705 views | | no replies yet
Post ID: @OP+17wSX3C0

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