https://studentaid.ed.gov/sa/about/announcements/dream-center
8 replies (most recent on top)
They should be on the hook for all the taxes that they skipped paying if in fact their status as a NFP is invalid.
WACS with information about Argosy
https://www.wscuc.org/news/information-about-argosy-university
and a link to
Important Information About Argosy University and The Art Institutes
https://studentaid.ed.gov/sa/about/announcements/dream-center
On this page, you will find information for students attending Argosy University (Argosy) and The Art Institutes (Ai), institutions owned by Dream Center Education Holdings (DCEH). Featured below is information about a decision the U.S. Department of Education (ED) made regarding Argosy and credit balance refunds owed to students.
March 11? Not holding my breath for a miracle.
I did not even think about it like that, we have all been saying since the purchase that the schools are now non-profit schools. Apparently, The schools (for profit) were purchased by DCEH (a non-profit entity), but that did not make the conversion immediate. DCEH had to put in a request through the ED, State ED, and Accrediting bodies to approve the conversion. That approval apparently never went through, so even under the umbrella of a non-profit owner the schools remained in for profit status while the departments evaluated their financial standings.
I thought Argosy was already a non-profit Institution after the purchase from EDMC to DCEH.....this states it is a for profit institution. I understand at this point it is here nor there but I am confused. Can someone clarify this because I feel more and more like I completely mislead and lied to students.
Argosy was in negotiations with an Ohio CC, not South. It is public - simple Google search.
South is being purchased by another institution and will become a trade/vocational school based out of Ohio. Only a few campuses will remain. But Argosy and Ai...are finished.
Says who? South isn’t part of the receiver and is actually profitable (unlike Ai & Argosy).
That’s all she wrote. South is close behind, get out now.