The reference to “corporate overhead left by EDMC” :
This is all bs...that debt in in the EDMC bankruptcy. Or maybe there has been a new action in the bankruptcy case rejecting that scam transaction.
3 replies (most recent on top)
Corporate overhead. Rent, salaries, all the people at the center, benefits. Just the stuff they knew they were taking on
-rwr makes sense.
March 2017 Barton said Argosy was best aligned with the mission of DCF. No one should be surprised with this “restructuring.”
Dceh had no idea what a money pit the ai and a few su/au campuses were. There was no way to close them quick enough to avoid DOE issues, so eventually they gave up on maintaining those failing locations and broke the whole thing up.
Many ai’s will close by july
SU will change but it was the best financial brand- so tbd with them
AU stays with dceh because they have the least DOE/AG issues.
Maybe some brands staffs merge, maybe some dont.
Stay tuned