Well, well, well, as surprised as I am, maybe BMC is one of the better brands. I can't see how though. There doesn't seem to be much coming from that brand or South though. Anyone with info?
For-Profit Schools Target Vulnerable Vets, Give to Clinton Foundation
Brown Mackie College, also a 2014 Clinton Foundation donor, is part of the Education Management Corporation (EDMC). http://freebeacon.com/politics/for-profit-schools-target-vulnerable-vets-give-to-clinton-foundation/
FIGHTBACK!
Those of us still here at EDMC should take a stand to declare we are done with the poor mismanagement and running of this company. We need to across the board all call of sick this Friday and bring the business to a halt! They will never listen to as... — read more
Layoff updates?
Anyone see/hear anything?
Federal Court Deals Blow to For-Profit Colleges
http://www.wsj.com/articles/federal-court-deals-blow-to-for-profit-colleges-1435098388
Layoffs made the news...it is real
http://www.wpxi.com/news/news/pittsburghs-education-management-lays-80-more/ngR9g/
Official Pittsburgh Layoff Page
Please post any updates here as they happen. Please do not list names unless they are CD / manager. Just position, brand, and location. Good luck to all today
So far all clear in pittsburgh
No security anywhere in sight this morning in Pittsburgh so far
Just In EDMC Lost court case: http://finance.yahoo.com/news/education-management-bond-plan-cannot-205540043.html
This is why the stock dropped (again), a few days ago, which means they kept this under wraps until the media just discovered it. Liquidation time folks! It's just around the corner. All the corporate naysayers, calling us looser, or outsiders or... — read more
Anyone know about what is going to happen at teach out canpuses tomorrow?
When do we start getting notices???!!!!!
Severance Process?
Anyone have any idea how it works?
It will be hard so be supportive
For those that stayed or had to stay for their families tomorrow will be tough. You may lose your job, watch a friend dismissed, or be just left shell shocked at all the news. The percentages don't matter if it is you let go but they do matter for... — read more
What goes around comes around. Go Marblegate!!!!
http://bankruptcynews.dowjones.com/Article?an=DJFDBR0120150623eb6npgut0&cid=32135012&ctype=ts&pid=310&ReturnUrl=http%3a%2f%2fbankruptcynews.dowjones.com%2fArticle%3fan%3dDJFDBR0120150623eb6npgut0%26cid%3d32135012%26ctype%3dts%26pid%3d310 — read more
Tomorrow is NOT going to be GOOD for MANY!!!!!
I work in HR and just got out of an HR meeting and tomorrow is going to be horrible. I wish I would have left last week when some of my co-workers left. I'm so ashamed to be working as a HR professional for such a SHADY, SHADY company. They are... — read more
Pride Week?
Just sat in on a conference call about the plus loan, and at the end they mentioned Ai Pride Week. This was my first time even hearing about it. No, not gay pride week. School spirit week (including Friday which I believe is a holiday for everyone... — read more
Who's steering the AUO ship?
I am hearing that Gavlik has very little/no say in decisions being made. Possibly that the campus director is calling the shots. I wonder why he decided to give up control or if those above him are forcing him to stand down? Maybe the shake up is... — read more
No issues at South, online has business BOOMING
Feet up, arms behind head, totally relaxed. The Hamburgler and Frizzy Robes have assured us that all is well on the Homefront. Hakunamatata, it means no worries. Our leadership team, campus directors and AM's have this ship sailing in crystal clear... — read more
Warn act
If EDMC is going to lay off at least 30% of their current employees then aren't they required to give those employees warning per the Worker Adjustment and Retraining notification act? Tomorrow is a day of warning or a final workday?
is today the day for some?
I don't know if I should believe anything on here no one has concrete info
'Twas the night before layoffs.. And all through the feed..
No one was working.. Not even Steve Read... I'll let you all finish this on the 25th
Workers aren't the only people left in the dark ("I am Ai")
Workers aren't the only people left in the dark. EDMC students were deceived for years. And as one former dean stated on this website, Goldman Sach's greed compromised the entire organization. KKR and Henry Kravis may make sure they get a return on... — read more
Tell me why?
Anyone know how the process is going to go? How will they decide who? Are they going to ween out top salaries? Get rid of those with compliance gaps? Or maybe with the move to the SSA model it will be based off of degree level? Or maybe random?
Woah AIWs website says they aren't accepting US Grants!
https://www.artinstitutes.edu/arlington/student-consumer-information/ Scroll down to State Educational Grants..... wtf is going on. I used to go and was thinking about going back because I figured it got better but all my grad friends said to avoid... — read more
Are people saying June 24th because that's when it happened last year?
Or does anyone have actual facts?? Not sure why June 24th is the day people are saying.
The goose is getting fat!
With Wednesday approaching fast and rumors flying , I can cut the tension on the floor in Pittsburgh. Is it like this at the campuses and Phoenix too?
Anything going to happen at Teach Out campuses this week?
Are there any layoff or 60 day notices this week? Anyone know who will be the first to go?
I'm confused about EDMC's situation
I have been watching this site for months because in light of the last year and half its not secret that EDMC has had problems. As a recent student I'm not on the inside so I don't know what is happening. For months now I have seen different posts... — read more
Wake up and smell the coffee! 6–24 is the day!
I've been saying it for weeks, some of you have been listening and some of you have not. Now that it's starting to approach, and everyone is starting to see reality, they are crapping their pants. I assure you, this has been no secret as long as you... — read more
And just like that T Allen
Is President and CEO at another school. You folks make me laugh. Have no clue of the industry.
Yacht sighting
Went to the pier. It was a dinner cruise. Paid to board and got dinner and drinks. NomEDMC folks. Bow number was 1800fucku
Everyone should watch "Up in the Air" on Tuesday. Unfortunately though George Clooney won't be showing up to hand you your packets on Wednesday
June 24th. If you have any PTO in the bank, use it on Monday and Tuesday because it will be gone.
American Greed
Our campus president drives a sports car and has a 50' yacht docked behind the school. Bought with money stolen from veterans and poor kids with a dream of a better life. She claims to be patriotic, but I can't think of anything more contrary to... — read more
Clinton: Stop For-Profit Colleges From Targeting Veterans
Democratic presidential candidate and former U.S. Secretary of State Hillary Clinton speaks at the National Association of Latino Elected and Appointed Officials' (NALEO) 32nd Annual Conference at the Aria Resort & Casino at CityCenter on June 18... — read more