LOL Camden, and so true. And the creditors are the loan sharks who will be taking the kids and getting their money back by selling them off to child traffickers. Hey, they still have some value.
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@Anonymous30687, to further that analogy, think of Goldman Sachs as the Art Institute's pedophile grandfather.
Sorry to hear that, but yes, the other schools will all go with the deal. Think of EDMC as the parent, and Ai, Argosy, Brown and South are the children. The parent has been charged with child abuse, the kids need to be taken away, but no one really wants them, they are not really great kids to begin with.
Yes, they all belong to the same CORPORATION. Its a business the schools are just their product they sell. They will all go.
It's unclear whether this deal will happen, but if it does, the other schools go with AI. Effective control of the entire corporation will change hands.