bankruptcy

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 […]

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ITT Trustee Sues Ed Department, Lenders to Help Pay $1.5B in Claims

ITT Trustee Sues Ed Department, Lenders to Help Pay $1.5B in Claims

Education Dive Dive Brief A trustee responsible for resolving the bankruptcy of ITT Educational Services is suing the federal government and the financial institutions that backed a loan program connected to the for-profit college,¬†according to The Wall Street Journal. She is seeking funds to pay for about $1.5 billion in […]

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