Anybody heard anything about possible pay freezes?

Mine was cut from 6% to 3%

Staff and students are waiting to find out their fate. Is their school closing? Should I withdrawal now and use my GI Bill Benefits at a State college? We are waiting on you Mr. West! It's great being a student held hostage. It's pretty bad when I... — read more 

When are they reported?

In case people were not looking. Corinthian College - one of our competitors in a similar situation- announced they are selling and or closing all of their schools and campuses today.

Why aren't we EDMC employees unionized? I know we are allowed to have a union. Wouldn't a union protect us from a ton of shit that goes on at EDMC?

EDMC grew because of its ties to DC (Olympia Snowe) and Goldman Sachs. Now they are paying the price...http://www.dailycensored.com/more-on-for-profit-college-sludge-and-richard-blum-who-funds-the-brookings-institute/

anyone w/ inside information or some answers.... will greentree be let go in the fall? september? does anyone know anything. it's unreal how toxic and unhealthy it is to be in this situation. people would like to plan their lives, but can't.

The reason why military members are attractive to for-profit colleges is because their benefits don't count toward the proprietary colleges' cap on federal Department of Education funding. The law says for-profit colleges must get 10 percent of their... — read more 

Bridgepoint Education, owner of the almost exclusively online Ashford University, has put $4.6 million toward lobbying; Corinthian Colleges Inc. spent $4.4 million. Education Management Corp. — which controls the for-profit schools South University... — read more 

SACRAMENTO (CBS13) — Hundreds of California veterans will now have to find money to pay for their education, at least for now. California has suspended GI education benefits at all colleges owned by the Corinthian Colleges group. They say they’re... — read more 

The 90/10 ratio rule will drive this. Plus the individual college programs that are not up to task with the gainful employment law with be getting the hook.Is there a hit list being made? Under the 90/10 a college must get 10% of the students to pay... — read more 

Anyone want to take a stab at that? Maybe he should of said we are trying to avoid bankruptcy...

I've managed to survive a few rounds of layoffs but I know that my time will come soon. I'm wondering if anyone who has been laid off can share any of the details of their severance package? I used the tuition voucher to attend AI online and I'd hate... — read more 

http://www.republicreport.org/wp-content/uploads/2014/06/EDMC-letter-employees-6-26-14.pdf

When you are losing $467 million a Qtr. You need to Go Big! or Go Home! Are they serious about a turn around or is this just to make it look good to the investors and the government?

Heard through some sources people in PHG and PHX we're let go today. Don't know the amounts. Can anyone confirm?

We're hearing that more departments will be let go sometime around September and that we'll all be replaced in Phx. Does anyone have any insight on this? All of the big bosses are being replaced out there as we speak. Thoughts?

I am getting ready to enroll, however I am concerned that The Art Institute might close. Any suggestions on what to do?

Everest Librarian Laurie McConnell did the right thing, by reporting on the abuses at her school. And now her story is being told in the US Senate. How many people at EDMC (and Argosy University, The Art Institutes, Brown Mackie College and South... — read more 

I think only the initial 80 were laid off.

What about web chat in greentree? How many?

http://www.vox.com/2014/6/24/5835884/one-of-the-worst-for-profit-college-chains-is-about-to-go-out-of

About 80 employees of Education Management Corp. were laid off on Tuesday, the latest in a series of cuts by the Downtown-based for-profit education company as it battles a decline in enrollment and profits. Operations and support staff at EDMC's... — read more 

EDMC Greentree location in Pgh took a blow around 1pm today. June 24th, 2014. Employees were pulled into a room for a "meeting" and that was that. Jim Hobby spoke his words and papers were signed. They brought belongings to each person in the room... — read more 

What a surprise.. not like we didn't see this coming. So far: ALL Greentree NAR'S ALL Greentree Re-Admissions - Have to work until 7/18 Some Virtual Advisors, more expected. Stay tuned.

Education Management Corp., the for-profit college operator partly owned by Goldman Sachs Group Inc., received lender consent to waive covenant requirements on its credit agreement, according to a regulatory filing. The limited waiver applies until... — read more 

Has it been sold?

We could be next, so, cannot laugh too much

Education Management Corp. (EDMC), the for-profit college operator partly owned by Goldman Sachs Group Inc., received lender consent to waive covenant requirements on its credit agreement, according to a regulatory filing today. The limited waiver... — read more 

Expect a mass student exit from all the schools as soon as they learn that they are being taken advantage of. Most of this news has just been in the wall-street business news and not on CNN or FOX or any major news papers. Right now they have no idea... — read more 

Predictions? August?

Not suprising or new, just saying

Share June 19, 2014 12:30 PM Education Management Close to Obtaining Waiver From Lenders By SHASHA DAI Education Management Corp ., a private equity-backed, for-profit college operator, is close to obtaining a waiver from its lenders that will buy... — read more 

June 18, 2014 4:06 PM By Rich Lord / Pittsburgh Post-Gazette A federal judge today turned back Downtown-based for-profit educator Education Management Corp.'s efforts to dismiss two whistleblowers from a potential multibillion-dollar lawsuit against... — read more