Merrill Lynch drops coverage for EDUCATION MGMT COM USD0.01.
Thoughts
I have followed this feed for many years. I have offered up valuable information when I had it and sat back when I didn't. Sure there are lots of folks that post sarcastic comments, but there is always a gem here and there. That said, when a current... — read more
Any word on the next schools lined up for a teach-out?
Looking for any real details about the next RIF or teach out announcement. I want to be ready to find new employment when it all hits the fan.
Funny Guy Mark
Look what that funny guy posted.... I don't find this amusing! https://www.youtube.com/watch?v=SkOrwayYAUM
Another chain of for-profit schools abruptly shuts its doors. Is EDMC next?
Some campuses even had students filling out financial aid forms for new student loans just a few days ago. Talk about criminal... — read more
Layoffs happening at Argosy building online in Chandler right now!!
Pulling teams into rooms and walking them out as I write this.
WARNING!!!!! DO NOT WATCH THIS!!!! DO NOT SHARE!!!!
https://www.youtube.com/watch?v=SU29jTJC7BI&feature=youtu.be
Indian University Withdraws From Plan to Buy 2 Art Institute Campuses
By COLLIN BINKLEY, ASSOCIATED PRESS BOSTON — Nov 1, 2016, 6:02 PM ET After facing scrutiny from state officials in Massachusetts, a chain of colleges based in India has canceled its plans to buy two U.S. for-profit colleges. The Amity University... — read more
Short arrogant man
Does that short arrogant dude still work in the Strip District in Pittsburgh? He has a buzzed head. Always had a toothpick or something in his mouth and would walk around with his chest ballooned out?
HEADS UP
EDMC to close and pay back all fraud debts to students and families! Your job is not safe!!!!
Brown Mackie used Clinton Global Initiative to recruit low-income dropouts
Was EDMC using the Clinton-Global Initiative to recruit low-income dropouts? How well did that program work out?... — read more
It'll die. Just wait.
Giant corporations acquire a momentum all their own. EDMC is no different. It'll die. Just wait. Accreditation for our school runs out in 2017. I do think that's the time frame a lot of schools are looking at for closure. The tell for me is that our... — read more
Never mind
Bye bye arbitration clause.
All tricks, no treats at teach out schools
Does anyone know what the student and teacher numbers are the teach out schools? Is this list correct for the Art Institutes undergoing teach outs and heightened cash monitoring ? https://en.wikipedia.org/wiki/The_Art_Institutes#Locations Does anyone... — read more
LAYOFFS
Any updates on layoffs at the center in chandler
Anticipation!!!
Wait is almost over. DOE is pulling the plug...
SUO and AUO got NOTHING on AIO
Who is the best manager at AIO??
Best AM at SUO?
So many to choose from........
HRG Eliminated
We just received news today that the HRG position was eliminated from the campus. Staff and faculty are now expected to contact Pittsburgh for all HR matters and questions. Maybe it's time to brush off the resume and jump off this sinking ship sooner... — read more
West Coast GVP not gonna get away with it this time.
So, Fraude Clown as they call you. You have committed actions that could not only get you fired but could also cause the company to fold. You have committed admissions practices, academic practices, and financial aid practices that not only go... — read more
CACREP Counseling Programs
Will accredited campuses be sold and consolidated?
If ED was doing its job, EDMC would be shuttered. KKR squeezing out every drop.
If you just look at the financial numbers, EDMC should have been shut down two years before ITT Tech. EDMC has been underwater for 2 1/2 years (more liabilities than assets). The only things keeping this structure standing financially are ED with... — read more
Online firings and rehire—a way to fire desperate people back for less!
I was let go as a faculty member. My own boss dod not call. It was someone I did not know. All of the AIO program directors and assistant/associates were let go too. Even worse, they were told they can reapply for their same jobs with more... — read more
Decent people?
Are there any decent people left at SUO?
AI Tampa Cleaned House
Several critical positions removed today leaving the school without key directors. Admissions layoffs earlier this year, and a permanently MIA school President... It looks like Art Institute of Tampa could close soon given the absence of key... — read more
Possible Ai RIF today
Heads up. Sounds like there might be an AI RIF today. Good luck to all.
Scuttlebutt on the CA schools
Anyone hear any news on the situation at the CA schools? Last I heard there was an investigation going on, can anyone confirm anything?
ED and Media Look the Other Way as KKR Loots EDMC
What could possibly be left of EDMC? In 2014, they had $300M less in assets than they did in liabilities. It must have gotten worse since then. What do these schools look like? If we dress up on Halloween and come to the local Art Institutes as... — read more
No more milk 🍼. Time to fly the coop!
DOE about to pull funding... accreditation at many of the heightened cash monitored schools know what's coming! http://www.marketwatch.com/m/quote/edmc
Education Management Corp. Seeks to Reverse Ruling Protecting Minority Bondholders Lawyers for firm say ability of businesses to...
restructure debt outside of bankruptcy proceedings is on the line... EDMC keeping the doors open will be determined by this case.
http://scibilitymedia.com/tough-lessons-education-management-corp-otcmktsedmc-peers-20-billion-industry/
The company said that its West Akron campus will shut on Oct. 31. The reason for the shutdown is that EDMC didn’t manage to renew the lease for the block it occupies at 755 White Pond Drive.
Ai Online - Struggling to recruit new students
We are having a hell of a time recruiting new students...moral is miserable. Uppers have no idea what they are doing...sinking ship. I'm getting out. If you work for Ai Online, you should too.