Private equity’s role in the rise — and fall — of for-profit colleges
EducationDive By Ben Unglesbee Investors funneled billions of dollars into the sector during and after the recession, and they may be gearing up for another round. In 2006, a group of private equity firms that included Goldman Sachs acquired the for-profit college operator Education Management Corp. (EDMC) in a $3.4 billion leveraged buyout. […]