Critics of for-profit institutions and nonprofit conversions by some for-profits said they were concerned about the ownership changes for the Art Institutes and its sister universities.
“It looks highly questionable,” said Robert Shireman, a senior fellow at the Century Foundation and a former Obama administration Education Department official. “It’s the type of very sketchy nonprofits that we have seen emerging recently.”
Take your money while you can and get the hell out of dodge is my advice.
https://www.post-gazette.com/business/career-workplace/2019/01/23/Dream-Center-Foundation-EDMC-private-equity-Pittsburgh-Art-Institutes-Education-Principle-Foundation/stories/201901220010