Thread regarding Education Management Corporation layoffs

Deal is dead? When will we hear it?

Rumor is this Dream Center deal is dependent on making April start and student retention numbers. Speaking of Dream Center, I'd love to hear the numbers forecast they sold Dream Center on for the start numbers, we all know how abysmal the admissions leadership is with delivering realistic numbers. With retention worse than it's ever been and none of the schools making their starts, when will we hear this deal is dead and EDMC is closing?

by
| 1982 views | | 6 replies (last ) | Reply
Post ID: @OP+MzglxoE

6 replies (most recent on top)

Makes sense as successful completion can not be calculated for May starts until June. I'm guessing more paperwork has to be turned in end of May/June 1 for approvals to be expected in July (4-6 weeks). They started ramping up the warm calls in April too. Managers complaining about pressure from up above...it all adds up. May could be an interesting month.

by
| | Reply
Post ID: @ajbv+MzglxoE

Oh yes. My school is doing better than ever.

Steady as she goes. So I don't really understand the fire sale to the Jesus Freaks.

by
| | Reply
Post ID: @1ojv+MzglxoE

We haven't seen any change in our admissions and our President hasn't said a word. Is this for every campus?

by
| | Reply
Post ID: @1ucl+MzglxoE

I don't get that the April start at my campus is life or death, but it's clear that the Dream Center is simply cover for a group of Phoenix investors. Whether they can pull the money together and convince the Feds that they are legit is the larger issue. Of course with Betsy Devos in charge they may get to belly up to the feed trough no questons asked.

by
| | Reply
Post ID: @hzz+MzglxoE

That's why the shady instructors are posting the false adds on their social media accounts - to con students into staying. Sickening. Can't wait for the house of cards to come crashing down.

by
| | Reply
Post ID: @squ+MzglxoE

Makes sense. Our president has been acting like this start is life or death.

by
| | Reply
Post ID: @mwv+MzglxoE

Post a reply

: