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In 2022, the EDMC schools Argosy University, The Art Institutes, Brown Mackie College, and South University were among 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the ...
Mar. 1—ATLANTA — Attorney General Chris Carr has announced that the state of Georgia has joined a multistate settlement agreement with the entities controlling Argosy University student debt.
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]
"There is no basis to the complaints we've heard," Hayes said, "The horror stories reported to us do not exist." [12] In 2017, a subsidiary of the Dream Center, in partnership with a private equity fund, purchased the Art Institutes, South University, and Argosy University systems of for-profit colleges from Education Management Corporation. [13]
The following is a List of defunct universities and colleges in Illinois. This list includes accredited, degree-granting institutions and bona fide institutions of higher learning that operated before accreditation existed.
An Ashland University student's family was told they had to pay $500 or else the student would go to jail. Ashland University student almost falls victim to phone scam - here's what we know Skip ...
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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 ...