Thread regarding Education Management Corporation layoffs

Sinking ship

I hope this company goes down fast with all the scumbags who are there. Enjoy your last few paychecks

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Post ID: @OP+MDmfxNf

12 replies (most recent on top)

2eye, thank you for your rational analysis of the situation. Students are still being enrolled, am I correct? If that is happening it should not be. EDMC has no track record for success at graduating students at any rate that it would make it logical for the US taxpayer to continue to invest in it. If you did a poll of former students I'd be willing to bet the majority would tell you they wish they had never heard of the place because 85% of them didn't graduate but have debt. And the system is broke. Admissions is calling the same inquiries over and over and over, grabbing on to any poor soul who qualifies for aid and has a dream. Do they have the academic ability to maturity level to take on college level work? Who cares, just get them to sit two weeks. Shut it down already.

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Post ID: @4bqs+MDmfxNf

Sorry to say but name anyone who graduated from Argosy with a $60k + degree that actually makes enough to pay their loans. This school is a joke people get out while you can

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Post ID: @3owq+MDmfxNf

Too bad you can't spell, Argosy!

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Post ID: @3rjr+MDmfxNf

"There will always be those who hate to see students raise themselves up,..."

You're kidding, right?

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Post ID: @3kcd+MDmfxNf

There will always be those who hate to see students raise themselves up, but that is what we do at Argosy. Sorry to disappoint everybody when out students graduate and maybe even turn into doctors we will know that all of our work payed off. Hatars!

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Post ID: @3lij+MDmfxNf

That communist sympathizer is going to make 'Merica great again!!!

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Post ID: @2ycw+MDmfxNf

The problem is that all this anger is focused on people who had little or nothing to do with the problem anymore. The previous board, CEOs along with Goldman Sacs took the money and ran a long time ago. The current CEO has only been with the company a few years and his goal was to stabilize the mess and try to sell the company to a white knight. Closing campuses and laying off employees was inevitable. Goldman pushed for quarterly profits and tried to make EDMC into U of Phoenix model. Growth growth growth. But you can't maintain growth in a dying economy and dwindling student pool. Millenials are aging out and Get Z is much smaller so all colleges will see a downturn in the next decade. They are also more cautious about tasking on debt after watching older brothers and sisters drown in it with little job opportunities. Is this the responsibility of EDMC, of course not. The promise of a rising middle class is no longer realistic in the age of deregulation and corporate profits. As for the Dream Center, their only hope is to lower tuition and fight for those students who want attend college but unwilling to do the 90k commitment... and who blames them. Nothing worse then having a degree in Animation and you make minimum wage at Game Stop. Sorry Millenials you bought the dream in a downturn economy. Get Z has to be smarter shopper. Millenials it is your turn up to bat in government and leading our country... You want to change the system change the leadership, but don't blame EDMC, or U of Phoenix or ITT...they just played the game that is corporate America. Just ask Trump about the importance of the DOE, which he plans to dismantle over the next four years.

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Post ID: @2eye+MDmfxNf

@2gsc.

Haters gonna hate and grifters gonna grift.

Can you feel the qualitative difference between these two sentiments under the circumstances. If not, we may have a problem troll or not.

Don't equate the students with the staff-a specious comparison at best.

This thing has got to play out and this site may be just one outlet toward that end.

There are just too many wounded people out there who've been financially let down, from students to investors and of course the hapless taxpayers.

Years of lies, deaf ears and financial malfeasance all of which profited the relatively few will just take time to heal.

That's all.

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Post ID: @2efq+MDmfxNf

@2gc: You are calling us trolls for being on this site, and you are trolling the same site. You are a loser.

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Post ID: @2clp+MDmfxNf

And if it does hopefully it will sink with all the internet trolls on here. What a bunch of losers. Get a clue, move on and try doing something more with your lives then tearing down current students and staff

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Post ID: @2gsc+MDmfxNf

Yes. At it again.

At all schools were South Slithers they are after the usual prey (no need to list.

Occupational therapy, nursing and physical therapy assistant has been and will continue to be their salvation.

I wonder if the exploited are ever told: "by the way we're broke and are selling your asses to some Jesus freaks in Cali."

Don't hold your breath on that one.

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Post ID: @1cdf+MDmfxNf

It appears AI is posting a swarm of fake teacher job advertisements to give the impression atht they are not closing before the end of the year. No one is process the applications.

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Post ID: @zwe+MDmfxNf

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