EducationDive By Ben Unglesbee Financially troubled Argosy University suffered a potentially fatal regulatory blow Wednesday, after months of owner Dream Center Education Holdings (DCEH) trying to sell off the college system. The U.S. Department of Education blocked Argosy from access to further Title IV aid by denying its application for […]
Education Dive by Ben Unglesbee Dream Center Education Holdings (DCEH) and its remaining assets, including several Art Institutes, face a “dire” cash shortage and lack funds to pay for operations and federal aid stipends to students, according to Mark Dottore, the court-appointed receiver managing DCEH assets. Dottore told Education Department official Diane Auer Jones […]
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 […]
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 […]
Education Dive Dive Brief: Four students are suing the nonprofit Dream Center Education Holdings (DCEH), alleging the college operator misled them over the accreditation of four Art Institutes, according to the Pittsburgh Post-Gazette. DCEH did not respond to Education Dive’s request for comment. The suit alleges DCEH stated in its course […]