Purchased by Goldman Sachs!
Student Tutor (Former Employee) – Santa Ana, CA – September 5, 2017
This for-profit college had an excellent reputation until Goldman Sachs purchased it. The instructors and students were hard-working, talented and diligent. Unfortunately, after the purchase, the program heads were ordering the instructors to fail a given quota of students in certain classes in order to allow 'the correct attrition rate' for those classes, thus increasing profit for the school and costs for students. As a 'student tutor', students worked for low pay and increased their own education while helping other students who struggled in their weakest subjects. Good system, interesting work, sad decline for an excellent school.
Ruthless New Ownership