FYI: EDMC (owner of the Art Institutes) is facing similar issues as Corinthian Colleges did. It was unadulterated greed by banks and hedge funds that guaranteed the death of COCO, EDMC and others that will follow (possibly ITT Tech, Lincoln Teach, and eventually University of Phoenix farther down the line). Wells Fargo helped kill COCO and Goldman Sachs killed EDMC.
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Who the f*** cares about EDMC?
No 888 they are not that is ECMC.
Look it up http://ecmc.org
EDMC has had about 2B in goodwill impairments over the last few years.
They are the ones who are are about to purchase all our campuses and do their own thing. I am or sure if I should be saying a thing.
EDMC does not have the same "document production" problem with ED.