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

Department of Ed cuts off Title IV for Argosy

https://twitter.com/DaniDougPost/status/1100864386212728835

https://www.republicreport.org/wp-content/uploads/2019/02/ED-ltr-to-Argosy-02-27-19.pdf

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| 1761 views | | 4 replies (last February 28, 2019) | Reply
Post ID: @OP+XPj5OI8

4 replies (most recent on top)

You get nothing! You lose! Good day, sir!

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Post ID: @1ige+XPj5OI8

@jkd - Each brand is a separate entity and receives funds based on different EIN’s. Unfortunately DCEH intermingled brands cash and the kiting scheme ran out as student enrollment declined. Also the teach out locations were draining cash faster than they predicted. Think of it like poking a hole in your gas tank and trying to drive across town assuming you have a full tank.

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Post ID: @1xud+XPj5OI8

So....that's kinda it then? When do we shut the doors?

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Post ID: @dvx+XPj5OI8

How is it possible to only shut off funds to argosy and not ai and south also?

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Post ID: @jkd+XPj5OI8

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