Thread regarding Education Management Corporation layoffs

Anybody have new enrollment numbers?

I hear Ai has low enrollment numbers this Fall.

Besides 42 schools already on teach out, it looks like unsustainable numbers at Argosy in Dallas, Denver, Nashville, Salt Lake City, San Diego, San Francisco, and Schaumberg. Ai in Charleston also has low numbers. South also has two campuses with low numbers: Austin and High Point. And Western College of Law only has a little more than 200.

It looks like only one Brown Mackie campus is sustainable.

I guess that leases are a major factor in what schools will close and when they will close. I know that in 2014, EDMC had more than $1B in "non-cancellable" lease agreements.

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

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| 2439 views | | 14 replies (last November 13, 2016) | Reply
Post ID: @OP+KiLgkVd

14 replies (most recent on top)

It sounds to me like lots of folks in EDMC management are scared sh--less of Camden Kid. At the very least, he's a source of great concern.

Well done Camden.

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Post ID: @3eph+KiLgkVd

Wikipedia is a better source than you! But hey.... it's your soapbox.

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Post ID: @3vns+KiLgkVd

Camden is truly desperate. Keep posting Wikipedia like its a good source.

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Post ID: @3ldc+KiLgkVd

Bottom line, it's back to the future guys. Look whose advising Trump. Look who he's considering for his cabinet. Corporate lobbyists are being inserted in high level government positions to help with the transition as we speak and the man's not even in office yet. All funds set aside to safeguard consumers, aka heightened cash monitoring funds in this case, will now be reallocated to these corrupt corporations and their awful CEOs who were never tried and never shut out of financial industries as they should have been. Defense to repayment? Gone. Next time vote.

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Post ID: @2xbc+KiLgkVd

@KiLgkVd-2xkf, you sound like management. When did EDMC publicly announce that the 4 Brown Mackie Colleges not accredited by ACIS would be undergoing a teach out? I am referring to BMC's in Salina, Kansas City, Oklahoma City, and Birmingham. Also, what's the general threshold for profitability at EDMC schools? What I believe I'm seeing is that EDMC is keeping some schools open even though they are losing money--because they would lose more money by breaking the leases. With all of these schools losing money, they have to cut costs everywhere else just so they can pay off their debts, including the $400M in corporate (junk) bonds and the $200M in fines.

https://en.wikipedia.org/wiki/Brown_Mackie_College

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Post ID: @2not+KiLgkVd

None of the Brown Mackie schools are sustainable which is why all of them are currently teaching out. AI is moving to the strip district.

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Camden, you're completely worthless. You post articles that are years old and hope someone feeds you scraps of questionable info. There is nothing to report.

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Post ID: @2xkf+KiLgkVd

This is the year of the impossible! Cubs win the World Series! Trump becomes president! EDMC on life support!

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Post ID: @1pig+KiLgkVd

Hillary's exposed corruptions equate better to EDMC then Trump would!

Thank goodness for Wiki Leaks! We need the Asange's of the EDMC to expose their dirty laundry for all to see, just like Hillary's!

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Post ID: @1cwi+KiLgkVd

How does one find out the enrollment number for various schools?

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Post ID: @1cwr+KiLgkVd

Get over Yourself. If you can't see the problems with a Trump presidency then you should keep working for EDMC.- you'll be surrounded by others as dumb as you are.

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Post ID: @1jgj+KiLgkVd

Get over yourself. Your girl lost because she clearly put herself ahead of the security of the country.

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Post ID: @1fox+KiLgkVd

Low enrollment numbers? I can't believe anyone would enroll in an Ai, BMC, South or Argosy..... Wait... Yes I can. These must be the same people who voted for Trump.

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Post ID: @1xkz+KiLgkVd

I spread the gospel everyday about the fraud factory!

Let's make America Great by shutting down EDMC!

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Post ID: @kce+KiLgkVd

The pittsburgh school lease is up spring 2017 so they are moving to another location.

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Post ID: @dke+KiLgkVd

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