https://www.post-gazette.com/business/career-workplace/2019/02/28/Education-Department-Pittsburgh-Art-Institute-Argosy-student-loan-aid-Dream-Center/stories/201902280131
What's the hold up?
"An Education Department spokesman could not immediately say on Thursday whether the department was considering revoking federal student aid at the Art Institute of Pittsburgh and other campuses in receivership."
erb- teehee, you think a 401k is retirement. Good luck with that.
Source for missing payroll?
We're about to find out tomorrow, but shame on who knows in advance and does nothing (those that have the power to do something).
Then what happens? What can we do?
jmd for all schools? c-ap for any schools - so we paid for benefits and they scammed the money -
Just heard that all dceh employees medical benefits have been suspended due to non payment by dceh and that they will miss payroll tomorrow..so a lot of people just worked for free past 2.5 weeks..very shady
"the stipends, a type of student loan that pays for basic living expenses like rent and groceries."
Lol, this and the confusion over refund/stipend made me doubt the person involved with this article even understand what they are writing about.
nbu - maybe - not holding my breath though
Is it possible there is a Buyer for the other schools which is why they were unable to comment but none for Argosy ?
“This is the first time I've ever heard of a college using the financial aid ‘refund’ money, which Argosy referred to as ‘stipends,’ to pay for operating expenses,”
Mr. Kantrowitz said. “That is a breach of fiduciary duty. It may even be criminal.”