But sees enrollment climb in 2016? Yeah, good luck with that. LOL On what basis can they make that angelic proclamation? Even IF they settle all the law suites, For-Profit industry is on it's way out. The genie is out of the bottle. Younger kids know now to sear clear. Vets got the same message.
http://www.businessweek.com/news/2014-08-29/education-management-sees-enrollment-falling-through-2015
The adult learner would be anyone 25 and older. This isn't new news for anyone who has worked in any enrollment office acrossthe US, but as the Department of Education studies indicate, because of our population decline, traditional age students are on a slight decline as well. Check this article out: https://www.insidehighered.com/news/2014/02/28/us-projects-college-enrollment-grow-14-through-2022
Does the restructuring of EDMC address the needs of the changing population?
I dont see how going after the older adult would work. The Boomers are all in retirement and the Gen-Xers hate the whole idea and corporatism of For-profits.
Uh, no. Traditional colleges and university are over saturated with applicants. This is because they dont try and open up a new school every 3 months with the slightest upswing. If anything, the down fall and negative press as well as first person attacks from students on social media of For-Profit schools has inadvertently strengthen the popularity of traditional brick and mortar colleges and universities.
Most colleges that cater to traditional students will likely feel the effects of declining enrollments as well. What Phoenix, Strayer, and others have successfully banked on is the adult learner which is a growing population.
Perhaps the restructuring may have something to do with reducing traditional programs and focus more on accessibility for this growing population.
And we will all ride into the future on magical unicorns that even fart glitter. That is going to be one hell of a dog and pony show to investors if they make it that long, which I doubt. They are really just trying to save face with that comment. They dont want employees to jump out before top management dose with their golden parachutes. And trust me, that is what the negotiations were really about with their creditors. That is why they are dancing on the table when most normal people would be freaked out that their creditor just repossessed their property.
Keep dreaming. If they knew what they were doing, they would'nt be in this position in the first place.
There is no tangible evidence to back of such positive predictions. All financial indicators say For-Profit is on the way out. I think there will always be some, like University of Phoenix but they are not in the same kind of trouble EDMC got itself into.