With the announcement of 15 Art Institutes teachouts is the beginning of the end for the rest of the schools. The way I see it the EDMC have lawsuits, debt, and lose in profits so how can they keep any of the schools up with all that stacked against them? The funding they were receiving is being cut tremendously by the feds and on top of that they are going to get in trouble on July 1 because there job placement is a complete lie. Those regulations that start on July 1 will bust the Art Institutes for lying about graduates being able to get a job that will help them pay off there student loans when in reality those "jobs" they are getting are only minimum wage.
Also are there any more rumors out there we should know about that are major? Any info would be helpful.