I was being sarcastic.
5 replies (most recent on top)
@JJyjg8D-1jix, depend on the US Department of Education? Are you kidding?
https://www.linkedin.com/pulse/americas-most-endangered-colleges-include-hbcus-small-dahn-shaulis?trk=mp-author-card
There doesn't seem to be anything substantive available beyond this report unfortunately. I guess the taxpayer needs to have faith that the DOE is being diligent about how funds are invested.
There is only limited information available about EDMC. What we do know is that
EDMC stock is worth less than a penny per share
KKR owns almost al the debt
19 Art Institute campuses are in teach out mode
ACICS' loss of accreditation power puts more schools in peril
22 Brown Mackie campuses are in teach out mode
EDMC has talked about selling campuses or subcontracting to an Indian company
EDMC's CEO doesn't have any experience in higher education
"I Am Ai" has become the largest student debt group in the US
Harvard University law students are preparing a lawsuit against EDMC
https://www.linkedin.com/pulse/edmc-keeps-art-institutes-students-staff-dark-dahn-shaulis?trk=mp-author-card
The problem with this data is its 5 years old...reporting from FY12 when they are in FY17. I know the start of FY17 is FAR behind where they want to be!