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

What schools are in most danger of being closed right now?

I would like some honest opinions, and maybe an explanation why that is the case, if it’s possible. Maybe this is a difficult question, especially given that none of the schools are in a great position, but in any case I'm eager to hear some opinions on this board.

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| 1711 views | | 10 replies (last March 12, 2019) | Reply
Post ID: @OP+Y1VgJa6

10 replies (most recent on top)

I would say Tampa before Miami because Tampa is a branch campus of Miami. However, the rent in Miami must be astronomical unless they're still on a lease from back when the neighborhood was bad (it's prime downtown Miami real estate now). I read that Studio is planning for a new campus in summer 2020 in Miami but honestly I don't see the school lasting that long now that AiO is dead. So many of the programs transitioned a large portion of its classes that were "officially" on ground programs online starting back in 2013.

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Post ID: @1msi+Y1VgJa6

EPF is supposedly supported by hedge fund money. They seem to think they have about 2 years before the investors will walk away. 2 years to start moving in a positive direction.

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Post ID: @1ksk+Y1VgJa6

It is a hard question to answer. All the remaining campuses have had decreased enrollment year over year. It would be hard to say if that trend will reverse anytime soon. I guess the best answer to this question is look at how the campuses are being run since splitting from the Dream Center/EDMC. if you are not see steps to change in the polices and practices that lead to the decline at the other campuses then there is the school that will close next.

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Post ID: @pmc+Y1VgJa6

I'm an an EPF campus and I'm pretty worried. The transition to Studio school was mentioned once and we haven't heard anything about it since. Idk if/when we're going to close.

Has anyone heard anything about studio management/school?

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Post ID: @esq+Y1VgJa6

also from the article...

DeVos and Jones should resign over their mishandling of the DCEH matter and the for-profit college disaster generally. So should Deputy Secretary Mick Zais, who blatantly disregarded his duties in pressuring the Department’s acting inspector general, Sandra Bruce, to curb an investigation of Jones’s restoration of the negligent for-profit college accreditor ACICS, and then acted to replace Bruce with a Department of Education lawyer, before that firing was reversed. Members of Congress are now investigating Zais’s abuses as well.

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Post ID: @oaf+Y1VgJa6

from the article...

Unlike Corinthian, ITT, or Kaplan, I think many of the EDMC schools were worth saving, and it’s too bad they weren’t sold to a better operator.

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Post ID: @aeu+Y1VgJa6

I was thinking the same thing. I'm at an EPF school and there has been zero communication. How does a company that didn't exist until December have any money/plans/ability to keep these schools open? And more importantly, how can they keep functioning since DCEH provides so many of the services a school needs to function, like computers and IT support?

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Post ID: @bcx+Y1VgJa6

Probably the branch campuses.

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Post ID: @udo+Y1VgJa6

Simplest answer, ALL OF THEM

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Post ID: @rmx+Y1VgJa6

The best updates are here (updated daily at bottom of article) - https://www.republicreport.org/2019/devos-fiddles-schools-burn/

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Post ID: @nke+Y1VgJa6

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