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

Friday, a little more than a week after the media reports AiP is closing March 31 and publishing a teach out document from a DCEH director, official announcement from AiP provost:

“What the media said, except not the closing thing, the receiver thing about blocking closing and looking for a buyer. We’re going to be just fine.” This is verbatim.

Looks like the receiver is going through and stripping the assets at Argosy this week, maybe next week we’ll see some action at AiP.

AU was told they’d have a buyer and be saved just like AiP is being told.

Tactic to keep employees hopeful?

The more students who persist in classes the more tuition AiP retains the bigger the payout for the receiver’s cut.

Here’s an example of how novice receivers are compensated after the sale of assets:

25% of the first $5,000 disbursed

10% of the next $45,000

5% of the next $950,000, and

3% of anything over $1,000,000.

Dottore, Dottore and Dottore are not novice receivers.

One week after the AiP teach out media leak.

Still no official word.

No buyer stepping up.

To faculty who is thinking to resign soon, please pass this information to your students and clean your conscience:

IMPORTANT!! VITAL INFORMATION FOR STUDENTS

Do not sign anything! Do not transfer!!!

Please check out your options such as school closed discharge: (This applies for federal loans)

https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/closed-school

Restoration of GI Bill Benefits After School Closure:

https://www.benefits.va.gov/gibill/fgib/restoration.asp?fbclid=IwAR2NftPsbbsbXCJWw7hqpXCp8bf7VvjMxN2ikBwh_W0JgP0QX87YEXWrMsY

If you are not filing for school closure, file for the Defense to Repayment here:

https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/borrower-defense#borrower-defense-application

Dispute your private loans here and join the Debt Collective community:

https://tools.debtcollective.org/

If you need to speak someone for legal advice pro bono, please contact the Harvard Lawyers

https://predatorystudentlending.org/contact/

Retrieve your transcripts here:

https://www.artinstitutes.edu/closed-school-information-page

We are an active community ready to organize together. As to my knowledge, Ai Pittsburgh has been hit pretty hard with the layoffs and the announcement to close. This inexcusable poor management has gone on for years.

Here is proof of the recruitment tactic committed by the Art Institute from EDMC. Dream Center likely did not change how they aggressively recruited too:

https://www.republicreport.org/wp-content/uploads/2018/08/NEIA-EDMC-Complaint-Filed-7-30-2018.pdf?fbclid=IwAR2qk9PcwfG684EsR_qjE7sWi1IfuU-EU7sCrEO0liNrqq3mh0BkAyqtOuw

The lawsuit win against DeVos:

https://predatorystudentlending.org/updates/judge-strikes-down-department-education-illegal-delay-borrower-defense-rule/

The MSCHE 1/15 request may have been because they were notified of the upcoming closing of AiP.

With all that’s been going on with MSCHE (check MSCHE.org and look under AiP, 1/15 they requested additional information by 1/26 aside from the 3/15 report) it’ll be interesting to see how they react to interim president removal and provost becoming point person at AiP.

Can you provide links to PA DOE and MS responses? Not able to find this information.

It is a complete sham at this point! Having students ask me, daily, what is going on makes me sick. Resigning ASAP. Not worth the bad karma any longer.

This whole thing has turned into a 60 minutes documentary -- what an abomination to education--

so called leaders should be ashamed of themselves and banned from the education sector forever.