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Report: #765284

Complaint Review: Career Education Corporation - CECO - RIPOFF! - CEC - Gary McCullough - Michael J. Graham - Michael Graham - Jeffrey D. Ayers - Jeffrey Ayers - Thomas Budlong - Hoffman Illinois

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  • Reported By: Feds Will Make Cuts — Florida USA
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  • Career Education Corporation - CECO - RIPOFF! - CEC - Gary McCullough - Michael J. Graham - Michael Graham - Jeffrey D. Ayers - Jeffrey Ayers - Thomas Budlong Hoffman Estates Hoffman, Illinois United States of America

Career Education Corporation - CECO - RIPOFF! - CEC - Gary McCullough - Michael J. Graham - Michael Graham - Jeffrey D. Ayers - Jeffrey Ayers - Thomas Budlong Robert T. DeYoung - Robert DeYoung - Stephen J. Tober - Stephen Tober - Veronica Campbell - Colon S. McLean - Colon McLean - Manoj Kulkarni Federal Investigation Underway with Federal Pell Grant Cuts Imminent Hoffman, Illinois

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STAY CLEAR OF CEC- Career Education Corporation (CECO)


CEC operates numerous for-profit schools (full school list below)


 


CEC is being investigated by the U.S. Government Accountability Office (GAO) for deceptive or otherwise questionable statements, which included information about the colleges accreditation, graduation rates and its students prospective employment and salary qualifications, duration and cost of the program, or financial aid. Representatives at certain schools also employed hard-sell sales and marketing techniques to encourage students to enroll.


 


CEC - Career Education Corporation (CECO) a for-profit conglomerate is a highly untrustworthy corporation. Researching this company and its schools briefly reveals countless highly damaging reports including, but not limited to CBS investigations, scam school list, a degree mill list and regulatory investigative fact-finding reports into its business practices. Furthermore and more importantly, thousands of past and current students in addition to faculty have filed suit against CEC for enrollment and job placement fraudulence in addition to many other untrustworthy practices. It appears numerous lawsuits have recently been won by students and faculty with more lawsuits in the development stages. There is something wrong at Career Education Corp. and these judgments are evidence of that. Federal regulators recently tightened job placement and federal loan payback guidelines on CEC and its highly unlikely Career Education Corp. can satisfy the new guidelines.  Career Education Corporation final days are numbered.


 


Job recruiter:


Most for-profit degrees are worthless. Our company will not interview students from these "colleges" due to the low quality. All they care about is getting loan money.


 


CEC will have a difficult time with imminent federal spending cuts and Pell Grant limitations.


 


Those who purchased shares of Career Education Corp. (Public, NASDAQ:CECO), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.


 


Contact:


Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone:  +1-(858)-779-1554
Fax:  +1-(858)-605-5739
mail@shareholdersfoundation.com
www.ShareholdersFoundation.com

This report was posted on Ripoff Report on 08/15/2011 07:44 AM and is a permanent record located here: https://www.ripoffreport.com/reports/career-education-corporation-ceco-ripoff-cec-gary-mccullough-michael-j-graham-michael-graham-jeffrey-d-ayers-jeffrey-ayers-thomas-budlong/hoffman-illinois-/career-education-corporation-ceco-ripoff-cec-gary-mccullough-michael-j-graham-765284. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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