Thread regarding Education Management Corporation layoffs

EDMC Foundation helped EDMC "appear to comply with 90/10 rule".

It seems to me that EDMC does quite a bit to appear to comply in many facets of the Educational system. It will pleasure me to see For Profit BUSINESSES to go kaput.

https://www.insidehighered.com/quicktakes/2016/08/01/scrutiny-profit-ties-nonprofit-foundation?utm_source=Inside+Higher+Ed&utm_campaign=325e9e70fd-DNU20160801&utm_medium=email&utm_term=0_1fcbc04421-325e9e70fd-199425137

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Post ID: @OP+IFaYr6O

10 replies (most recent on top)

Don't forget those printed in house diplomas the lazy people in the 'registrar' are doing & taking their sweet a-- time to do or asking 'deans' to do & their staff! What a freaking joke!!!!!! U got that right!

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Post ID: @9lwr+IFaYr6O

Worked there what a joke!!! Everything is scripted on what to tell the student to enroll them. Seriously 93,000 for an Art degree. It is a rip off!!! Go to the local community college for the art degree it will cost you much less.. All for profit schools should be closed...

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Post ID: @9agh+IFaYr6O

1otp, you make no sense, you corporate shill. It's apparent that the only way you have to pay the mortgage is by swindling people. Get back under the desk and keep s---ing it.

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Post ID: @3iav+IFaYr6O

Also, I happen to know that the article is a pretty solid piece of journalism. The big question here is why 1otp is so strenuous in defending EDMC. By now it's pretty obvious you're being paid to make these comments. What do you know? Come on, spill it.

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Post ID: @1njr+IFaYr6O

No one's angry, just very suspicious. There will be a thorough investigation. I understand it's under way even as we speak. When it concludes, we'll know if there were any illegalities. The problem is that EDMC may well be dead long before the investigation concludes.

So, everyone just chill and be happy. That goes for you too 1otp. You're not being paid to have a heart attack over all this.

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Post ID: @1vsp+IFaYr6O

EDMC and its counterparts are crooks, 1otp.

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Post ID: @1zah+IFaYr6O

Make sure there aren't anvils in your parachute 1otp

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Post ID: @1asr+IFaYr6O

Only that's not what the article says. It speculates that it may have been used in that manner but provides no proof. At least use facts and not sensationalism to justify your anger.

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Post ID: @1otp+IFaYr6O

I wonder if EDMC has any other non profit charities funneling money exclusively to EDMC students. That would explain a lot.

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Post ID: @khn+IFaYr6O

What is keeping Education Management Corporation (EDMC) upright?

What is KKR planning for the company?

Is EDMC making a profit or losing money? They were losing hundreds of millions before they were delisted from the NYSE.

Do we know what EDMC's current revenues are, or its current enrollment numbers? In 2015, they had more than 100,000 students.

https://www.linkedin.com/pulse/edmc-keeps-art-institutes-students-staff-dark-dahn-shaulis?trk=mp-author-card

https://en.wikipedia.org/wiki/Education_Management_Corporation

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Post ID: @aly+IFaYr6O

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