Just when www.careered.com thought they were out of the woods, the US Justice Departmen has expanded its investigation into the company.
The Morning Call reports there are allegations that the company made false statements regarding job placement and tuition costs, according to the company's financial filings.
Uh...in what column would I find the number of false statments regarding job placements in a financial report?
Uh...in what column would I find the number of false statements regarding tuition costs?
These thoughts seem incompatible to me.
Are there problems with the financial filings? What are they? I am fully confident that a company of the caliber of CEC would address them aggressively. After all, they have stockholders to please, the Justice Department looking over their shoulder for the past two years, the SEC, faculty, administration and students to satisify.
In my experience it is quite difficult to continue to do wrong with so many concerned people watching.
Are there problems with their recruiters? Do they make false statements? Has anyone ever met a salesperson who did NOT at times oversell? This is not good nor it is right or ever justified. But, when it happens, once again, it has been my experience that when a company such as CEC faces such allegations, once again they aggressively, make that very aggressively take action to correct the problem.
At the fopro where I teach, there is ongoing product training for sales staff. There is also high turnover with the sales staff. But don't salepeople in all fields turn over rapidly?
The Morning Call report insinuates that CEC and other fopros like it are inherently deceptive. This is NOT true. Are there problems with fopros? Of course.
I've yet to buy anything in America that didn't have to be taken back, or have a service done that didn't have to be redone. There is a problem with American workmanship in general.
The question is whether or not the company concerned is taking action to do things better, and to do things right in the long run.
CEC, IMHO, wants to do things right.
What do you think?
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