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

RECIEVERSHIP ORDERED TERMINATED ON 5-31-19

This whole thing was a failure. Last change for Western State to get bought out.

https://www.courtlistener.com/recap/gov.uscourts.ohnd.250611/gov.uscourts.ohnd.250611.285.0.pdf

by
| 2012 views | | 7 replies (last )
Post ID: @OP+YLi6PuU

7 replies (most recent on top)

The most corrupt, unethical company I have ever worked for. I had not a clue till I started digging in financials. Holding stipends, non-existent students being paid federal aid. I tried to make them aware only to be fired. I left with a smile & can now sleep at night.

by
|
Post ID: @18ypv+YLi6PuU

@YLi6PuU-2xat---Not correct. The receiver did not block the sale. He simply responded the best way he could after the DOE refused to approve the sale. There was an interested buyer. Had the sale been allowed to take place, classes would have continued uninterrupted. The buyer wanted all of the faculty to remain and all of the programs. Do some research in the court records and you will find evidence of DOE's conduct. DOE would not allow the buyer to use AiP's Title IV account. No mention of using the buyer's account or creating a new one.

by
|
Post ID: @3leq+YLi6PuU

Long over due, he blocked every hope of keeping schools open. Very sad because several offers were made to keep AI campuses going. Some campuses over 50 years old. Big loss in our city, the Art Institute had good reputation and local employer support. The college could have survived the DCEH mess if they were allowed to break off... Receiver blocked that. Now doors locked, assets auctioned off and building for sale.

by
|
Post ID: @2xat+YLi6PuU

These 7 ..Schools in order to survive need financial aid Big risk in keeping them alive.

by
|
Post ID: @1jgd+YLi6PuU

So much for South being on its own. It’s over people. If you haven’t been looking for a job I feel bad for you.

by
|
Post ID: @1lwg+YLi6PuU

So much for South being on its own. It’s over people. If you haven’t been looking for a job I feel bad for you.

by
|
Post ID: @1biv+YLi6PuU

Post a reply

: