Does anyone know what EDMC schools are closing? Is the list for Ai schools on Wikipedia up to date?
https://en.wikipedia.org/wiki/The_Art_Institutes
When do the teachout schools actually close?
When do the 22 Brown Mackie campuses on teachout actually close?
axtv
You are right. The only real problem is that the health care programs and counseling programs have tuition costs that are not in line with the very competive nature of this marketplace.
The days of if you build it they will come are over.
To do it right students must not be seen as a means to a profit for the few under the guise of a benevolent non-profit Christian entity.
The question remains what will change from the failed EDMC business plan under the DC if new management sees an opportunity to change its strips but not necessarily its methods.
methods?
More than likely, all Ai campuses will be closing. Regardless of what anyone thinks of the quality of the programs (there is some debate), the Art Institute was never viewed as a "fit" for the Dream Center Foundation, only a risk. Ai was not one of the schools DCF wanted to take on due to the gainful employment issues, high tuition rates, and low pay for graduates of design and culinary programs.
DCF clearly wanted the medical and health programs and counseling of AU and SU. They have bachelor's, master's and doctoral programs but also many 1-2 year clinical, technical, human and veterinary health programs that get graduates into good paying positions straight out of college. .
Look back at the early letters from EDMC and early articles quoting DCF directors:
"the Dream Center was especially interested in the programs at Argosy and South Universities, Barton said. South is focused on medical and health programs, while Argosy is known for its psychology and mental health counseling programs."
“In EDMC's case you have very specific and pointed effect of the gainful-employment rule that killed the passion-based programs like art, design, culinary and broadcasting. These kinds of things that are very expensive to teach and where there is a much more narrow chance of making it big if students have dreams of being a fashion designer … they’re jobs that don’t pay well out of college." (https://www.insidehighered.com/news/2017/03/06/large-profit-chain-edmc-be-bought-dream-center-missionary-group)
All but 3 BMC campuses will be closed out by the end of Oct.
All current campuses that are being Taught out (Ai and BMC) will close completely by December 23rd 2017.