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Corinthian Colleges Inc. Message Board

  • bobwins_o_phile bobwins_o_phile Sep 3, 2013 1:18 PM Flag

    doesn't look good for this company now

    How are they going to stay in business when everyone knows their degrees are trash?

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    • Hmmm:

      You may have a point....

      BUT YOU ARE FORGETTING / OVERLOOKING ONE VERY IMPORTANT POINT!

      This has been known for quite a while now, it was NEVER a secret. So why is now any different than anytime in the past?

      The one possible exception is that it is now so very hard to get a job.

    • Yes, but everyone knows your posts are trash, too. And that doesn't stop us from reading them.

      The company's colleges have been in business, in some cases for over 150 years. So stop the trash talking. There will remain a niche for the for profit colleges. And the current hand-wringing shall pass. Be a contrarian. And take advantage of pricing disparities in this sector.

      • 1 Reply to longtimefollower
      • Oddly, a trend in NFP higher ed may be helping the for-profit sector in a kind of unintended consequence: Obamacare is causing NFP schools to cut back on the number of courses adjuncts can teach--if they teach more than 2 courses per semester, they would be covered by ACA, so underemployed adjuncts are having to look elsewhere for gainful employment. This is on top of the already heavy reliance NFPs place on adjuncts--a trend that isn't changing any time soon, again thanks to pressure from Pres. Obama. My guess is the COCOs of the world will get a windfall of teaching talent that should ultimately improve their performance.

        No one has a patent on learning. Degrees are nice pieces of paper. Learning is the proof of the pudding.

        That said, reading the 8/29 COCO EC transcript, I was surprised how little was said about the pressure the Feds are putting on for-profit colleges.

 
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