Repost: My manager is great, smart, caring and talented. His manager is ok. The vp ( her manager) does the bidding of her superiors as she should, but to me there is more or a disconnect the farther up you go. It's all about numbers. People get fired... — read more
What Schools are on the hit list to close or be merged? Looks like Mayflower just got the call to have some trucks ready to roll soon!
We are exploring the possibility of further consolidating separately accredited institutions. As we evaluate this process, it is important to remember all colleges and universities will continue to follow their existing policies and practices. A... — read more
Leadership?
I'm new to both EDMC and this site. On most of this site, ya'll keep referring to "poor leadership" or "bad managers",etc. Who are you all referring too? My experience, although only been about 17 months has been very positive with Managment.
Letter from Ed West
Nothing raises employee morale like taking away everyone's 401k. Thanks ed. You prick
LEADERSHIP AT EDMC!!!
IT IS TIME FOR YOU TO LET YOUR EMPLOYEES KNOW WHAT'S GOING ON! I CHALLENGE YOU TO FIND THE DECENCY TO BE TRANSPARENT WITH US! WE DESERVE TO KNOW OUR DESTINY IN TERMS OF OUR COMPANY!
EDMC on your Resume a Liability?
Given all the bad press, lawsuits, undercover videos, disappointing students posting on numerous forums and YouTube, do you think it will be harder to get another job with all that negative baggage attached to your resume? In theory, we should not be... — read more
I'll ask it again!!!
Anyone have any news about the Quarterly Earnings Report? When will this all go down. When will we have answers? Does ANYONE have any useful input? Sincerely, Tired of waiting.
Anyone heard of Catherine Kelleher at EDMC Pittsburgh?
All rats are jumping ship or being made to walk the plank. Anyone heard if Catherine Kelleher is still around and what she up to? She is one of the worst types of bully and her greed is insatiable.
The Earnings Report?
How bad can the next Earnings Report be? The public and media already know a great deal about the government and stockholder lawsuits. They know about the debt obligations and the possibility that they will have problems repaying in 2015. They know... — read more
EDMC 49% Chance of Bankruptcy
According to Marc Access, EDMC has a 40% of bankruptcy based on latest financial disclosure. How long do you think before the other shoe drops? Lets be honest, the genie is out of the bottle, most kids looking to enter college know For-Profits are a... — read more
Here is a thought....
Checking this site provides bit of levity for me each day. There was a time that I feared losing my job, mainly because of mindless asses like the majority of people who post on here. But here is the reality: large companies hire and fire... — read more
lies
an employee was let go because of refusal to sign a document denying any of the shady things that happened when they were back in admissions. this morning HR was searching through this persons desk. can't take much more of this.
Curious Employee
Any new news? Still no report..... What are we in for?
EDMC Stock Price at All-Time Low...Earnings Report Clock is Ticking
Usually there is a press release that comes out 2 to 3 weeks before the Earnings Report, giving the exact time, date, and place for the report. That press release is almost always posted on Yahoo Finance. Yahoo Finance has estimated Aug 4-Aug 8 as... — read more
Quarterly Earnings Report
Where is it? Did they wait to post it this long last quarter? Also, have any of you noticed ALLL of the staff fleeing on the campuses? Our department is dwindling so quickly. Is there an end in sight?
Camden Kid
You certainly seem to take an interesting stance on some of these issues but do not seem to lean one way or the other. You are obviously aware the dire situation the company is but I never see you arguing for or against the company (and that is... — read more
EDMC: This is what a zombie balance sheet looks like
In case you've never took a look at the EDMC balance sheet and finacials (before the next report)... http://balance-sheets.findthebest.com/l/7476/Education-Management
$1.20. The suspense is killing me.
I'm wondering when we'll start seeing more action.
Report: EDMC among top recipients of federal G.I. Bill funding
http://www.bizjournals.com/pittsburgh/news/2014/07/31/report-edmc-among-top-recipients-of-federal-g-i.html?page=2 90/10 rule its not that hard to understand people! Its only two numbers folks...lol Im a student and have already spent 20k of the VAs... — read more
What assets does EDMC have that they can sell fast?
Any ideas about how EDMC will find the money to stay open? Do they have any assets they can sell fast?...http://finance.yahoo.com/q/ks?s=EDMC+Key+Statistics
Ai heads let go
Rumor has it Moscato let some folks go yesterday. Any idea what his plan is?
A History of How EDMC Collapsed (worth reading)
http://www.republicreport.org/2012/edmc-lobbyists-goldman-sachs-ruined-for-profit-education/...David Halperin is still taking stories. His email is davidhalperindc@gmail.com
Why do people complain on here?
Just quit. You will be better off. Mr West could it care less about what you think. Take the power into your hands and make your own destiny. I quit last month and things have been much better. There are better employers who want you to work for... — read more
The 1st victim is CT! Here we go ...
GREGORY SEAY | JULY 17, 2014 03:46 PM HBJ PHOTO | GREGORY SEAY Beneath a partly blue sky on July 9, moving day finally arrived for The Art Institute of Connecticut, the newest outpost in a national chain of for-profit degree campuses, and the two... — read more
William R. Johnson Bailing EDMC Ship
http://www.bizjournals.com/pittsburgh/blog/morning-edition/2014/07/johnson-leaving-edmc-board.html
1.25$ Dive.
Does anyone else get excited when this happens? I think I'd rather sacrifice this awful job just to watch this company burn to the ground.. just sayin'.
Downsizing
Will there be more layoffs in the fall? Thoughts?
How Goldman Sachs Destroyed EDMC
How Goldman Sachs Destroyed EDMC...http://www.huffingtonpost.com/2011/10/14/goldman-sachs-for-profit-college_n_997409.html?ir=College
Employee fired at EDMC for documenting repeated class cramming
Employee fired at EDMC for documenting repeated class cramming (putting more students in a class than could fit in the physical classroom space). Putting more students in a class than its capacity is a direct violation of the institution's... — read more
Charles Restivo
Why did he suddenly "retire"?
Why no posts here?
Come on guys, start a thread
legislation-to-close-loophole-in-gi-bill-college-aid-dies-in-minutes/
Of course the almost $50k he received from the for profit lobby had NOTHING to do with his decision :-) He also has some cheap property for sale in Florida for anyone interested... — read more
EDMC's insurer reveals new lawsuits against education giant
An insurer covering Downtown-based Education Management Corp. filed a complaint in federal court today seeking an order absolving it of covering losses in False Claims Act lawsuits against the for-profit college system, and revealing the existence of... — read more
Goldman Sachs vs. KKR Battle
What do you guys think about this Goldman Sachs vs. KKR hoopla. I work in Admissions and I am by no means a finance expert, but do you really think that Goldman might decide to help us with a financial injection to prop things up. I would appreciate... — read more