I cannot believe I found this ONLINE so easily. To me this is a huge piece of evidence. I don’t have any clue when this was taken though. http://big.assets.huffingtonpost.com/pdfsam_matrixfinal-1.pdf
Trail of incompetence
I’m a former employee, I managed to escape about a year ago before all this garbage started. The Dream Center should have been a good thing, but then again EMDC should have too. The biggest problem is that they never invested in their product, they... — read more
Receiver settles with Studio; blames DCEH
New report to the Ohio court from DCEH receiver says: Studio has agreed to send cash for operations; DCEH falsely told ED it was paying student stipends; he's laid off >1100 employees. https://twitter.com/DaHalperin/status/1102699059339497472
No email explanation today
I was hoping an email would have been sent today, especially if the firings from Friday are true. I did not receive my full pay for teaching on Friday and received the generic email. I am teaching an online class and have students. It is difficult to... — read more
What is still open?
Any Art Institutes still open? Can students from closed ones transfer to them?
Debt to creditors is over $100 Million
As stated on page 5 of the February 27 letter from the US Dept of Education denying change in ownership of Argosy, "the court specifically found that DCEH and its subsidiaries were indebted to secured, trade, and unsecured creditors for sums in... — read more
EPF Schools - is that still a thing?
I was under the impression that several schools got sold to EPF... and are still open and unaffected by the receivership. What is happening at these campuses. Any updates? Did that sale go through? Are these campuses still open? Miami Tampa Houston... — read more
Paycheck
Just repeating here someone else’s comment because it is so true. Anout the Email saying if you get physical paycheck, it won’t be affected. Of course not, because no one gets a physical check anymore!
Good Bye, So Long, Auf Wiedersehen, Drop Dead.
SUO and South non-receivership campuses are still financially tied to DCED. Hence, as of Feb 22nd all medical insurance, pharmacy, dental, vision, and life insurance was terminated, employees working with no coverage. Verifiable by calling the... — read more
Email from Receiver
From: _DCEH Comm Sent: Thursday, February 28, 2019 2:03 PM Subject: An important update from Argosy University Dear University Community, I am writing to provide you with an update on Argosy University. First and foremost, I want you to know that... — read more
DCEH students should join "I Am Ai" for support
Students who have been victimized by the closings should join "I Am Ai." https://www.facebook.com/groups/aistudents/
RIF
February 28, 2019 Dear Colleague, As a restructuring and receivership continues, Dream Center Education Holdings, LLC (“DCEH”) must further reduce its operating costs. This action is directed and approved by the receiver. This letter confirms the... — read more
A delay on pay
I am reaching out to let you know that, with my apologies, there may be a slight delay in payroll for March 1, 2019 for employees utilizing direct deposit. I want to be clear that payroll is funded and, in all likelihood, will hit your account in the... — read more
If my school closes, am I eligible for a closed school loan discharge?
If my school closes, am I eligible for a closed school loan discharge? Yes, you may be eligible for a 100-percent discharge of your Direct Loans, Federal Family Education Loan (FFEL) Program Loans, or Federal Perkins Loans you have taken for your... — read more
Post Gazette write up 2/28
https://www.post-gazette.com/business/career-workplace/2019/02/28/Education-Department-Pittsburgh-Art-Institute-Argosy-student-loan-aid-Dream-Center/stories/201902280131 What's the hold up? "An Education Department spokesman could not immediately say... — read more
Letter detailing loss of Title IV and missing stipends
https://studentaid.ed.gov/sa/sites/default/files/argosy-cio-denial-redacted.pdf
Things will get better
I know things are looking bleak right now, but I can guarantee you that it will get better for all of you. My AI closed last year. Since then, I've managed to land a new job, and while the pay is slightly lower, I feel so much better and actually... — read more
Business as usual?
Are they going to wait until Friday afternoon to send an email addressing the loss of TIV?
https://www.washingtonpost.com/education/2019/02/27/trump-administration-pulls-federal-student-aid-argosy-university- is-it-too-little-too-late/
“By Danielle Douglas-Gabriel February 27 at 6:44 PM Argosy University, a chain of career schools stretching from Virginia to California, will no longer have access to federal student loans and grants following the disappearance of $13 million in... — read more
Goodbye Argosy and California Ai Schools
https://studentaid.ed.gov/sa/about/announcements/dream-center
Ai Hollywood and Ai San Diego lost Title IV Funding
Argosy lost title iv today. The California Art Institues are under Argosy. It's over folks. This also means the California Ai schools have been denied conversion to non profit.
Miami Campus Studio Enterprise
Anyone have any info on this, New campus with Studio? https://www.prnewswire.com/news-releases/miami-international-university-of-art--design-transforms-as-concept-campus-and-national-arts-community-for-students-300798420.html
Department of Ed cuts off Title IV for Argosy
https://twitter.com/DaniDougPost/status/1100864386212728835 https://www.republicreport.org/wp-content/uploads/2019/02/ED-ltr-to-Argosy-02-27-19.pdf
"The powers that be kept cutting faculty to 'save money' completely unaware that their entire business model depends upon selling classes to stu
"The powers that be kept cutting faculty to 'save money' completely unaware that their entire business model depends upon selling classes to students," the faculty member continued. "No teachers means no classes. No classes means no revenue... So... — read more
Resume question
Will you be putting anything DCEH or AI related on your resumes or not? I've heard some employers do not look kindly to any associations with this place...
Leases on schools are unpaid
Leasing companies are now part of the lawsuits seeking payment of leases. Pittsburgh art institute monthly lease is $148,069.46. Amount now due to Buncher is $631,107.72 for December January and February.
Studio response to Receiver request for injunction
Filed today, the legal response from Studio to the Receiver regarding the injunction and request for Studio to repay fees collected to DCEH immediately. Lots of information here... — read more
Last day?
Any well supported guesses when we're done? See a lot of March 1st. Personally thinking March 15th given the recent injunction says we need money by the 14th. I'm sick of waiting and want to move on.
letter to seattle students
Students, As you may know, AI Seattle is at risk of closure. According to the U.S. Department of Education, the school may run out of funds to continue operations. This email is intended to provide information about AI Seattle’s current status and... — read more
Have you checked your benefits?
Pharmacy benefits were terminated 2/22.
Receiver goes to war
Mark Dottore filed a court order for a temporary restraining order and preliminary injunction. Taking shots at the Department of Education, Education Principle Foundations, and Studio to keep the schools operating... — read more
On stipends
Long story short: The funds were used for payroll and payouts because DCEH/Argosy didn't have the cash to begin with. Payroll was for Staff & Faculty. Albeit the payouts were excessive to those who got them. I will stress this. There is NO solution... — read more
Workers Expose Subprime College Crash in Real Time at TheLayoff.com
TheLayoff.com has provided real-time observations and information for more than a decade. In the case of the subprime college crash, workers chronicled the collapse of Corinthian Colleges, ITT Tech, Education Management Corporation, Education... — read more
Spring Classes?!
Anyone at AiO been offered a class for the 3/7 start? Is there even going to be a 3/7 start!
spring registration
Im graduating next quarter at aip, and registering on Monday for 7 classes to do that. The provost told me classes will be free.
Where is the $? Show me the $
https://www.republicreport.org/wp-content/uploads/2019/02/dceh-receiver-nd-ohio-02-22-19.pdf
Cash Payers
If you are a cash paying student. DO NOT PAY any additional payments. Stop your automatic payments. You are NOT protected when the institution closes/files for bankruptcy. I just found this out and I've stopped my automatic payments.
Distress student
Currently, I am a distress student because Argosy University has not dispersed my financial aid and my alumni scholarship, No one can give me and answer with a solution. I was told that Dream Center Education Holdings,LLC the parent company of Argosy... — read more
Reposting this comment from a different post-how can this be?!
Just prior to everything moving to the receiver: $750,000 in payouts to: Chairman of the Board's law firm: $350k SVP HR: $40k (still working at DCEH) Chief Student Services Officer: $60k (still working at DCEH) Director, Student Services: $30k SVP... — read more
South University Online
Has anyone heard if SUO is moving from their Penn Avenue location?