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Education Management Corporation (EDMC) was a Pittsburgh, Pennsylvania-based operator of for-profit post-secondary educational institutions in the United States and Canada. [1] The company was founded in 1962. [ 2 ]
The university had programs in design, media and visual arts, fashion, and culinary arts. Its sister schools were the Art Institutes, a collection of schools once owned by Education Management Corporation (EDMC) and Dream Center Education Holdings (DCEH).
The Biden administration has forgiven $6.1 billion in student loan debt for people who attended the now-defunct, for-profit Art Institutes in the U.S.
Argosy University was a private for-profit university with campuses throughout the United States owned by Dream Center Education Holdings (DCEH), LLC and Education Management Corporation. On February 27, 2019, the U.S. Department of Education stated that they were cutting off federal funding to Argosy University. [2]
Nelson was CEO of Education Management (EDMC) from 2007 to 2015, bringing several Apollo Group executives to the company. EDMC's schools included the Art Institutes, Argosy University, Brown Mackie College, and South University. During his time at EDMC, the company grew into the second largest US for-profit college chain and faced allegations ...
The Art Institutes system was created in 1969 when Education Management Corporation (EDMC) acquired The Art Institute of Pittsburgh, [12] [13] [14] which was founded in 1921. [15] Starting in 2000, The Art Institutes launched its distance education program, Art Institute Online, to allow students to work towards bachelors degrees in graphic ...
EDMC reported that it owned 28 Brown Mackie College campuses and enrolled 17,000 students in May 2013. [13] In June 2016, EDMC announced plans to close all but four Brown Mackie campuses due to severe drops in enrollment following lawsuits that cost the college system millions, damaged its reputation, and puts its accreditation in jeopardy.
This page was last edited on 30 June 2008, at 18:02 (UTC).; Text is available under the