So many things wrong with this "industry" that like many others is founded on fraud and coersion.
The target cohorts that these schools exploit to achieve their numbers have always been easy pickinings. It is no secret that most of these loan mills were and are
situated adjacent to communities that are majority comprised of people of color.
This population, but not exclusively, has always been in need of remedial
preparation prior to being sent on the road
to matriculation coupled with non-
dischargable crippling debt.
As a result of years of rapacious "numbers" oriented behavior by the industry, the
relatively few who have managed to
navigate the EDMC gauntlet and graduate
do so at an astronominal cost to the taxpayers when you factor in this horriffic
I have heard many on this site bemoan the lack of ownership on the part of the many
students who say they have been
deceived. But what ownership has the
industry ever taken in accounting for its
If shapeshifting by the Dream Center is at the core of their future business plan, how
can there be anything less going forward
than more of the same predatory behavior that has forced a for-profit to become a non-profit.
Unfortunately, all the usual suspects in the
for-profit world are behind this deal. But I
am reminded of what a very smart person
once said about the definition of insanity being embodied in doing the same thing over and over again expecting a different
With this said EDMC employees should still expect employment but only on a volunteer basis after joining one of the mega churches