Thread regarding Education Management Corporation layoffs

Corporate Greed

Posts seem to be slowing down on this website. I think people are just getting tired of the same old dribble. Let's face it EDMC will be in business as long as their high priced attorneys can keep them in business. Can anyone even begin to estimate how much has been spent on attorney fees and court costs? Now try to imagine if this same money would have been spent on giving students the quality education they were promised when they enrolled. Oh wait, if this money hadn't been spent on legal fees, it would have just been gobbled up by the greedy people at the top or behind the scenes.

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| 651 views | | 9 replies (last August 5, 2015) | Reply
Post ID: @OP+CMSu77i

9 replies (most recent on top)

It's all good guys JW's going to jump in there and start smackin em' on the butt. EDMC will be saved, just calm down...

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Post ID: @3NfW+CMSu77i

I haven't visited this site in a couple of weeks. I'm one of the layoffs from the last round at a teach out campus. The numbers of students, staff and teachers are constantly dwindling. It's just a matter of time before the remaining students that haven't graduated are screwed. The Powers That Be act like its business as usual. It's total bullshit what's going on there and I hope they all get fired and sued big time.

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Post ID: @339Y+CMSu77i

This is ironic considering they have a school of law in Orange County, CA. It's small and not very well known, but guess they want to keep that one dissociated with the EDMC Art School links.

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Post ID: @2irc+CMSu77i

I would think The 28 Brown Mackie schools may be closed next? They are the worst of the bunch.

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Post ID: @23Ci+CMSu77i

Verily I say to you Amen to that.

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Post ID: @2Bsz+CMSu77i

AI commercials used to be on last year and years prior every 2 seconds, now I see one once every two week. They can't even afford to spam their advertising anymore which is a key player in their scam. The only thing they are putting their money on is lawyers and open houses that have reached new lows in attendance. They are feeling the hit and the doors will be closing very soon especially with the recent court loss. Students its almost done.

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Post ID: @2AQH+CMSu77i

Im sure post will pick back up when the next rounds off layoffs come through. I don't think it's shutting down next week or anything but these schools are not going to make it to the end of 2015. Enrollment is too low, there is almost no staff and there isn't enough FASFA money coming in to the pockets of EDMC. They are probably taking what little money they have left and using it to fund their lifestyles rather than put it back into the school. It's a classic episode of American Greed. You bleed employee and students dry the doors will eventually shut. cats out the bag and students can now find out everything there is they need to know about your scam before they apply. To think it could have been avoid if they would have just given the students their monies worth.

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Post ID: @1fcc+CMSu77i

The trend in the industry is to reinvent itself under the guise of renouncing their failed for profit scheme and rebranding as a private, not for profit scam. So, as we've seen with the rehatching time and time again ofTodd the clod, they will keep the same old managerial fat slob incompetents and shape shift into the nice guys that they aren't. The hope is that as a non profit the PR will help portray these incompetents as kinder and gentler bunko artists. In 2012 Keiser U went from for profit to a"private" not for profit scheme. They only did this when the brand became linked to dishonorability. As if to say:" look at us

we're the good guys". Same old skunk, though.

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Post ID: @1T80+CMSu77i

A saving grace is EDMC IS running out of money to pay those lawyers!

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Post ID: @1MQn+CMSu77i

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