The follow schools will shutter in March.
There will be no teach out, it may even be possible that the quarter is not completed.
Announcements will most likely be made in coming days. There are only 2-5 full time positions remaining at these campuses.
Seattle (Confirmed)
Las Vegas (Confirmed)
Hollywood (Confirmed)
San Diego (Confirmed)
Pittsburgh (Unconfirmed)
Where did you see that they are closing in March?
G
Hard for them to be moved to a surviving school when they only have a handful of people left working at AiO.
AiO is gold, AiP is sh--. Sorry but the facts stand. AiO will be resurrected from the ashes of AiP. AiO will be moved to a surviving school. AiP has no students and will be axed. Sorry not being mean just stating facts.
AiP and AiO are both closing. Done.
qmr - that isn’t possible. AiO doesn’t exist separate from AiP. If AiP closes AiO has to go too.
qmr-online to where? I thought AI online accreditation was based on AIP on ground?
Peer reviewed professorship...ha! I don't even tell people I work for Ai. The whole thing has been a joke for years while administrators continued to get rich and blamed anyone but themselves for the problems. Provost Cooper and her rule are about to end...
Taxpayers should demand that assets of these crooks be seized to help cover costs. Students borrowed big sums of money to attend and that money went mostly into the pockets of administrators. Students default on loans...who's left on the hook? Taxpayers. Welcome to for-profit education.
zse -- that's it!
Someone needs to explore the conditions under which DCEH purchased EDMC. Goldman and Providence wanted to unload EDMC to anyone who would take it. Sales price says $60m but that loan doesn’t have to be paid if it the company didn’t turn around. Furthermore the $60m valuation was a pipe dream and likely financially engineered so the former CEO could get paid. I can’t believe the DCEH group or our own government DOE would allow a deal like this thru. Made for a movie. These DCEH guys have no education experience and basically bought a bunch of execs from GCU who were arrogant enough to think they could fix what Goldman’s money could not do for 4-5 years. The truth is that they further weakened the institutions and didn’t see the cliff that the organization was about to fall off cause they are incompetent.
The PE guys just wanted out so they weren’t on the hook for all the closures. Due diligence was either not done or there was no governance on this deal.
Someone needs to investigate the conditions of sale. The answer is there and you will find the need to Go back and sue KKR, Goldman, and Providence Equity.
Claude Brown is a b--ch.
That is all
Fake news.
source please
Is AiP Online included or is it just AiP ground campus. I wonder if anyone will put the peer reviewed Professorship titles on their resume.