For-Profit School Implodes.

Discussion in 'General Distance Learning Discussions' started by Koolcypher, Aug 31, 2013.

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  1. Koolcypher

    Koolcypher Member

    Here is The link to the story.
     
    Koolcypher, Aug 31, 2013
    #1
  2. Kizmet

    Kizmet Moderator

    Looks like the worst of the worst.
     
    Kizmet, Aug 31, 2013
    #2
  3. CalDog

    CalDog New Member

    Former ATI students in Texas have some great stories about the measures that were taken when the school was threatened with loss of ACCSC accreditation:

     
    Last edited by a moderator: Aug 31, 2013
    CalDog, Aug 31, 2013
    #3
  4. John Bear

    John Bear Senior Member

    "ATI has agreed to pay $3.7 million, while acknowledging no wrongdoing."
    We did nothing wrong. We did nothing wrong! But, what the heck, here's $3.7 million anyway.

    "The suit alleged ATI recruited its students from...strip clubs."
    Our valedictorian this year is Miss Fifi LaFleur..."
     
    John Bear, Aug 31, 2013
    #4
  5. Rich Douglas

    Rich Douglas Well-Known Member

    "Yes, ma'am. We'll accept your tuition payment in one dollar bills, but we'd rather take a check."
     
    Rich Douglas, Aug 31, 2013
    #5
  6. Koolcypher

    Koolcypher Member

    "Yes, your degree comes with a free lap dance and a visit to or VIP room. Of curse "nothing" happens in our VIP room."

    "Cinnamon is our new financial aid director."
     
    Koolcypher, Aug 31, 2013
    #6
  7. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    Before this decays into open slut shaming, those ladies may not have a job you'd want your daughter to have, but at least they do have jobs, and many of them make good enough money at night to take advantage of school during the day. When I was at Keiser, one of the deans suggested the admissions team reach out to exotic dancers for exactly those reasons, and he wasn't kidding.
     
    SteveFoerster, Aug 31, 2013
    #7
  8. Rich Douglas

    Rich Douglas Well-Known Member

    Just don't come home with glitter on the diploma--it's hard to explain away.
     
    Rich Douglas, Aug 31, 2013
    #8
  9. Anthony Pina

    Anthony Pina Active Member

    Inexcusable...lock them up and throw away the key!
     
    Anthony Pina, Aug 31, 2013
    #9
  10. Rich Douglas

    Rich Douglas Well-Known Member

    Gonna need a lot more locks....
     
    Rich Douglas, Sep 1, 2013
    #10
  11. Tireman 44444

    Tireman 44444 Well-Known Member

    Tireman 44444, Sep 1, 2013
    #11
  12. Koolcypher

    Koolcypher Member

    Koolcypher, Sep 1, 2013
    #12
  13. CalDog

    CalDog New Member

    The ATI debacle obviously affects students, but some big investors and lenders are getting seriously burned as well. So the story isn't just of interest to the education community; it's also getting coverage in the financial press. Forbes magazine has coined the phrase "for-loss education" to describe the situation:

     
    CalDog, Sep 1, 2013
    #13
  14. CalDog

    CalDog New Member

    It's not a good sign when a conservative business magazine like Forbes (motto: "The Capitalist Tool") is prepared to suggest that an industry may be "long overdue" for increased government oversight.
     
    Last edited by a moderator: Sep 1, 2013
    CalDog, Sep 1, 2013
    #14
  15. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member

    This is too funny.
     
    Ted Heiks, Sep 1, 2013
    #15

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