Thread regarding Dream Center Education Holdings, LLC (DCEH) layoffs

I’m a student and left this quarter, not because of the financial aid debacle, but because admissions was let go. Common sense tells me that if new students aren’t being admitted, then it is only a matter of time before institutional financing dries up, which inevitably would lead to a campus closing. Maybe this isn’t common sense, but it’s knowledge that could be learnt in a basic high school business class. Henceforth, there is only one of two conclusions to draw:

1) The powers to be are complete id--ts and inept to save the remaining schools, as demonstrated by such decision making as letting go admissions.

2) The powers to be have no intention of saving the remaining schools, which means their actions is a cash grabbing scam.

Either way, I refuse to waste my time doing coursework that most likely won’t transfer when the schools close in the end. So, any of my fellow students reading this, transfer now while your hard work still has any worth.

2jlt agreed

They are probably working on a book deal into a movie deal as we speak - -thinking they will make a bundle -- only they will have to give it all to the students.

There is a lot of truth on this post. Too bad most won't listen until it is too late. All of this (DCEH & EPF) will end very badly. Once the courts actually look at what is taking place, all of it will come to an abrupt end.

2cfa - We lost students over the last 3 weeks due to financial aid issues, that is a fact. I also have students who have missed class for the past 2 weeks, so they will be dropped. We haven't lost 'tons' of students, but we have lost some, yes. Next quarter I believe it will be much worse, students are lining up their options right now. How many come back is anyone's guess. Here is some "speculation" and "not fact" - We will have (far) fewer students at our at our "open" school next quarter!

Why should any students stay? All of this chaos taking place and no one addresses any of their concerns. The latest news cannot confirm if the Dept of Ed sent the funds to DCEH or if DCEH should have advanced the funds. Where is the missing money that EPF took from DCEH? If the court reverses the receivership and throws DCEH into Bankruptcy Court, the Bankruptcy Court will 'claw' back the funds taken by EPF that were improper.

In other words, DCEH and EPF schools could end up in Bankruptcy Court together and the court could very well VOID the EPF deal if the court finds the transfer was done to defraud creditors or the court.

So get the popcorn ready, the fat lady isn't done singing yet!

2cfa WRONG -- students are leaving - fact

No proof of any students leaving. Just another attempt at causing chaos. What a sh--head.

Splitting the schools up was only done to make sure that ALL of these schools don't crash and burn at the same time.

Anyone else remember the events of June 29, 2018? DCEH a subsidiary of DCF tried to close dozens of campuses and layoff thousands of employees at one time. They were blocked by state and federal agencies and accreditation bodies.

They are just using a slow process now that they found they can keep collecting tuition in the process.

1od plus one. And these angry Kool-aid drinkers responses are either delusional or lying. Follow the money- if you can find it...

Sounds like Houston problems to me.

The suspense is terrible! I hope it will last...

If you’re an instructor and you’re told, “you’re fired we’re cancelling all classes” or when payroll isn’t met, or the front door is locked on a school day, then the school might be closing. Right now it is all speculation- you have no facts, just opinion.

Open your eyes people, they are all about to close

EPF schools are not closing. And if you are telling your students they are, you should be fired ASAP.

@ -mlx: spoken like a real SOB. It's ALL speculation (neither DCEH, EPF nor Studio Enterprise has given us any indication that the 'open' schools will stay opened).

There are some GREAT points made here (I agree with @XHKKL1c & @XHKKL1c-kpy). Name anyone associated with EPF or Studio Enterprise. Where is the missing Financial Aid? Will the Department of Education deny any of these schools to continue receiving federal loans? If either EPF or Studio Enterprise are professionals why would they not ask for proof that the Financial Aid was distributed properly from DCEH? Why would EPF grab the majority of the cash from DCEH (leaving DCEH without enough cash to make payroll through March)? There are too many present 'facts' to think these schools will all close.

Please understand the EPF schools will be closing as well, just not as fast as the schools under receivership.

Speculation. There is no proof of this statement.

I find it very strange that between EPF & Studio Enterprise has not named one person associated with either of these entities. Not one human has been brought forward to claim that they are in charge, at least DCEH named people involved. Where is the Local Board of Trustees that will be overseeing these schools at a local level?

I agree that EPF schools will be closing at some point, just a question of when (NOT if).

I agree completely with this post!