I have heard that they are supposed to make some announcement in June on whats going to happen to the Art Institutes along with there other schools. So the question is are they in the same situation as Corinthian where they have to sell all of the schools or are they going to try to sell a small number of schools to try to make up the difference of the debt they owe?
Also I hear if they do try to sell they will not have any buyers like Corinthian so what happens then?