Thread regarding Education Management Corporation layoffs

Art Institute of India

http://finance.yahoo.com/news/amid-scrutiny-chain-indian-colleges-plans-us-debut-073920765.html

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| 1362 views | | 4 replies (last October 14, 2016) | Reply
Post ID: @OP+JPwXB9a

4 replies (most recent on top)

I hope us students of these colleges do not qualify for title IV funding. It is bad enough the money was being funneled to wall street, the idea of it going abroad is nauseating. Title IV funding needs to be allocated solely for US non profit institutions, study abroad would be the one exception. Plus haven't the current students of these campuses suffered enough?

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Post ID: @2frl+JPwXB9a

Will crush this one too!

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Post ID: @zkc+JPwXB9a

They are squeezing every last penny they can off of new recruits and existing students until the doors are nailed shut. It is what you do in desperation when you posses "0" scruples.

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Post ID: @dmv+JPwXB9a

Where is EDMC getting the money to keep its doors open? In June 2014, they were underwater.

Title IV funds cannot be covering all the expenses, unless I am missing something.

Is it worth it for KKR to take so long to strip the company of its assets?

https://www.linkedin.com/pulse/edmc-keeps-art-institutes-students-staff-dark-dahn-shaulis?trk=mp-author-card

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Post ID: @atp+JPwXB9a

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