So basically they have been hiding the fact that they have been on this secret list since 2006. Yet, they claimed all along everything was fine, nothing to look at here folks, numerous lawsuits were all unfounded, layoff were just clearing the brush. Hmmmm.
http://triblive.com/business/headlines/8090206-74/edmc-schools-education#axzz3WQYqwtvm
The fact that any proprietary school is on this list means that the government has a clear shot at them, just like they did Corinthian. The DOE has concerns so they hold the money for a while and then bye bye. Corinthian's carcass was "sold" to EDucation Credit Management Company for next to nothing--a deal brokered by the DOE. So just think of ECMC as the glue factory and watch which group gets hauled off next as soon as ECMC has managed to recoup as much money for the DOE as possible.
Nice try koolaid drinkers, but all your diversion arguments still do not address the original post, EDMC was on this list for 9 years telling lies to everyone about how bad it really was. Just because other schools were on this list dose not make it any less important. That's like saying don't be upset someone broke into your house and took your stuff because at least a hundred people a day get robbed. It still matters A LOT to those being taken advantage of.....mainly students.
Hate to burst your bubble Camden Kid Haters, but he is correct. Sorry you are all so immature that you bought the line about Wikipedia being such a bad source. We tell that to kids so they try harder but you swallowed that one hook line and sinker. If you think Wikipedia is so invaluable and useless as you have been told, tell that the marketing department at EDMC and The Art Institutes who put up and maintain elaborate WIKI pages about the school touting all its wonderful accolades and challenging any negatives about public lawsuits against them. It's basically being used as free ad space for the school. If you cant even keep that from looking bad, imaging how bad things must really be.
Camden, your mom called said you were late for your pork n beans dinner. Hurry home now ...
Cammy is a bitch. A lot of bark and zero bite. Do something beyond forum posts you troll
If you work for EDMC you need to look in the mirror and do a gut check! This is a business Scam and not a college. Ruining thousands of lives everyday of the week! More students will be bankrupt than get degrees. Think about that damage.
Camden, If you really wanted to "get the word out" you would be posting to sites where potential students and their parents would most likely be visiting, not a site that is mostly visited by active and past employees..... If you want to kill the snake, cut of it's head ( ie the potential inflow of new students) not stiring the pot of past and current employees. think about it and post in a more productive site. Word
Could not... Sigh iPhone fail. Now go shoo... Go start a Starbucks part.
Ahhh. Camden thanks for proving what a hack and uneducated troll you are. Any self respecting college student knows Wikipedia cannot be cited in college work. The fact you cited here made me spit coffee. Someone must have said, all
Idiots raise your hand and you cud not wait to show your ignorance. Again, leave the updates to the adults. Answer your moms call you idiot.
Here's EDMC's (premature) death notification.................. https://en.wikipedia.org/wiki/Education_Management_Corporation
Camden, there is no good scenario for EDMC brands. I am a veteran of 4 proprietary outfits and never have I seen anything like EDMC in dysfunctional leadership. Fantastic, profitable ideas have been laid before leadership time and time again, but always the same old paralysis. Never have I seen a group president make such a huge salary and work only 8-4, if that. Something is deeply wrong with EDMC even by proprietary standards. They are horrified of actually making a decision. I am so very grateful to be out of this industry for good.
Camden, your mom called, wants her village idiot back
Yepp Camden is a troll. No doubt
That last comment was at Camden BTW. He jumps from for profit site to the next to stir the pot.
I don't think this was any secret and this list is comprised of a lot of schools. Stop trying to stir the pot more. I see you are on every for profit school posting pretty much the same thing. Get a life. OMG! BYE
Yes, EDMChas become more of a scam every year--along with much of the other large for-profit higher educators. Goldman Sachs has a lot to do with EDMC's bubble and blow up. But the Department of Education (DoED) was also complicit in this trajectory. Now the question is, what will happen from here, with KKR and the DoED holding the cards? Take a look at Corinthian Colleges. ECMC (a predatory collection firm) has control of the remnants of Corinthian Colleges--and at some point it may be found that ECMC management was actually worse (and more predatory) than COCO management. Can you imagine a good scenario for the Art Institutes and other EDMC brands? If so, I'd like to hear it. I think its possible to have some schools operate as worker-student coops, but that would take some capital, lots of imagination, lots of faith, and strong values.