News

Former EDMC Campuses Bought by Private Investors

Former EDMC Campuses Bought by Private Investors

Inside Higher Ed By Ashley A. Smith January 24, 2019 The breakup and possible collapse of some Art Institutes, South and Argosy Universities campuses, all chains owned previously by Education Management Corporation, have generated criticism about a lack of transparency and worries among students and staff members about whether the […]

Read More
How buying the Art Institutes brought Dream Center to the brink of collapse

How buying the Art Institutes brought Dream Center to the brink of collapse

Education Dive Court filings blame revenue tens of millions of dollars short of what its previous owner projected. By Ben Unglesbee January 23, 2019 Dream Center Education Holdings (DCEH) went into receivership last week, shortly after making a deal to transfer control of most of the remaining campuses in the Art Institutes chain. The […]

Read More
Rethinking State Authorization, Again

Rethinking State Authorization, Again

Inside Higher Ed The U.S. Department of Education is contemplating going back to the drawing board on complex rules governing authority to operate online programs in multiple states. By Lindsay McKenzie January 23, 2019 Controversial regulations requiring online institutions to be authorized to operate in multiple states were up for debate […]

Read More
How state agencies prepared for the chaos of ECA’s abrupt closure

How state agencies prepared for the chaos of ECA’s abrupt closure

EducationDive By Ben Unglesbee January 20, 2019 On the evening of Dec. 4, Lane Goodwin, a program manager with the South Carolina Commission on Higher Education, saw an email from Education Corporation of America’s (ECA) primary accreditor. The email notified the for-profit operator and affected state officials that most of ECA’s colleges […]

Read More
VA warns California in for-profit college dispute

VA warns California in for-profit college dispute

Politico By Michael Stratford (mstratford@politico.com; @mstratford) January 17, 2019 The Trump administration is threatening to punish California regulators over their decision to turn away a large for-profit college seeking state approval for funding under the GI Bill. At issue is California’s decision to avoid taking action on Ashford University’s application for approval […]

Read More
New York Governor Proposes New For-Profit Regulations

New York Governor Proposes New For-Profit Regulations

Inside Higher Ed By Ashley Smith January 16, 2019 New York governor Andrew Cuomo has proposed increasing regulations on for-profit institutions as part of his 2019-20 budget plan. Under his proposal released Tuesday, for-profit colleges would be required to regularly report their funding sources to the state and would not be allowed […]

Read More
Facing insolvency, Dream Center is unloading Art Institutes

Facing insolvency, Dream Center is unloading Art Institutes

Education Dive By Ben Unglesbee January 16, 2019 When the Dream Center bought the Art Institutes from Education Management Corporation (EDMC) out of bankruptcy, the organization described the deal as “an amazing opportunity” to “turn those systems into community focused not-for-profit educational institutions.” The foundation — which tapped Brent Richardson, former CEO of Grand […]

Read More