Thread regarding Education Management Corporation layoffs


Stock

Stock has not traded on Pink Sheets for two days. No word as to why. Signs seem to point to an inevitable closure. ACICS decision on Thursday or Friday of this week. Perhaps EDMC is planning for the probable negative outcome.

by | Post ID:
1658 views | 28 replies (last )
Comment! It's anonymous! Reply to this post anonymously by submitting the form near the bottom of the page!

28 replies (most recent on top)

All schools accredited by ACICS will have 18 months to find another accrediting agency to authorize them. If they're unable to renew their accreditation, students will not be able to receive federal student aid, which serves as a major source of revenue for for-profit colleges.

/>

by | Post ID:

SHHHHHH!!! I can't hear the EDMC clock run out with all of you rambling about how well your Art Institutes is doing!

..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock...

by | Post ID:

Ya know what else is a fact. That you probably wont be having a job very much longer as you stated that you work for one of the campuses accredited by ACICS and is in teach out.... oh never mind they just going to close that campus. You wait and see!

by | Post ID:

FACT: this is a false statement "... seeing as how none of the EDMC schools are accredited by ACICS..."

While it is true that ACICS is debunked, there are some Ai school's, not in teach out, that are currently accredited by ACICS. Of course the future of the situation will now be different. -_-

by | Post ID:

FACT: YOU NO LONGER ACCREDITED AHHAHAHAHHAHAHAH NO WORKIE FOR YOU lol!

/>

by | Post ID:

FACT: ACICS just got shut down by Feds.

FACT: Funding will be pulled soon!

FACT: We gonna 🎉

by | Post ID:

one more FACT: we are still accepting students

by | Post ID:

FACT: I work a at an Ai

FACT: we are accredited by ACICS

FACT: we are NOT in teach out mode

by | Post ID:

Here is what it boils down to bud. I know your working at AI in Phoenix and desperately hoping to hang on to your job. If your too dumb or stubborn to read the writing on the wall for your campus well hey good on ya. However, for most of the people out there with half a brain understand that any and all campuses that have been operating under ACIC accreditation are closing/teaching out. Why do you think that all of the campuses still operating are piggybacking on regional accreditation.

Please do yourself a favor and give lets say for example the AI of York Pennsylvania a call and say you want to start at that campus today..... big surprise.... you cant.

by | Post ID:

Right when I think you can't possibly get any dumber you go and totally redeem yourself. An OPEID is only an agreement that allows a school (typically those in teach out agreements) to still have access to title IV funding. Try harder bud.

by | Post ID:

Dear Trump Fact Checker,

I love that you only read the portions that you want...and not the entire document. Just for your information, not that you care...You might want to check what an OPEID is...and all the schools attached to an OPEID. While some are in teach out, many MAIN CAMPUS OPEID's are not. If you need more clarification on that, you should FACT CHECK both ACICS and ED.

by | Post ID:

Hang on bud. Here is another sentence that you should learn to read directly from the ACICS website.

The Council (ACICS just so you don't get confused I know reading is thought for you) understands that no new enrollments are being accepted at any of these campuses and that the corporation expects to complete the teach-outs by approximately June 2018.

So yeah there is that too umm what were you saying again?

by | Post ID:

Poor soul you must work at AI Phoenix and are hanging on to the belief that you might stay open.... LOL read the document and you will understand... ohh I forget you have trouble reading. Nevermind.

by | Post ID:

What part of The Art Institute Arizona in that previous document saying they are in teach out did you not understand. Was it the Arizona, Teach Out, or Art Institute.

You sir are truly an oak.

by | Post ID:

Well, you are wrong. The Art institute of Phoenix and others are NOT in teach out. Why don't you check one more time.

Now I'm confident you work as a Donald Trump fact checker. Might not want to check google...but go right to the source. If you need help navigating the ACICS website I'm sure they can help you.

by | Post ID:

Man you really got quite when you realized that you're still riding the short bus everyday.

by | Post ID:

You know what is more shocking is that all of the campuses in the link you sent are exactly the same as the ones listed in teach out.

MIND BLOWN!!!! Please just go back to spreading rumors. In addition, the stocks never halted there was not halt. Check your facts or you just look more unintelligent. Sure they didn't trade a great deal or volume but trading was conducted. Learn how to read a stock tracker.

/>

by | Post ID:

Nope not a fact checker for Donald. But I'm beginning to think that you cant even read. If you took the time to take a look at the link you sent or open a document you will find that all of these campuses are in teach out. I went ahead and attached it so you can actually read before you continue with your idiotic posts. Tell me again these school aren't in teach out right??? Your soo smart!

  1. The initiation teach-outs at The Art Institute of York-Pennsylvania, The Art Institutes International Minnesota, and Art Institute of New York City, as well as 20 Brown Mackie College campuses and five art Institute branch campuses of The Art Institute of Phoenix, all of which are accredited by ACICS. The Council notes that at least two other institutions owned by the corporation that are accredited by other agencies also are in teach out.
by | Post ID:

Here are the facts... ACICS accredits the following AI institutions that are NOT in teach out.

/>

Additionally, EDMC stock was halted for TWO days this week and just began trading yesterday afternoon.

Just a question, are you a fact checker for Donald Trump?

by | Post ID:

Oh really are they???

The Art Institute of California—Orange County, a campus of Argosy University

3601 West Sunflower Avenue, Santa Ana, CA 92704-7931 â—¦ Institutional Accreditation

The Art Institute of California—Orange County, a campus of Argosy University. Argosy University is accredited by the Senior College and University Commission of the Western Association of Schools and Colleges (985 Atlantic Avenue, Suite 100, Alameda, California, 94501

So before you open your idiotic mouth please check your facts. The only AI campuses that are ACICS are in teach out aka closing.... Maybe do a google search before you look as dumb as you do now.

by | Post ID:

um... before calling people a moron...

Ai is an EDMC school

Ai is accredited by ACICS.

by | Post ID:

Oh and for the moron posting this initial post seeing as how none of the EDMC schools are accredited by ACICS I'm not entirely sure how it holds any merit to the decision making of EDMC as a whole.

/>

by | Post ID:

Ummm... where the heck is everyone getting this information????

EDMC is not currently under a trading halt. Anyone have links showing the actual halt... probably not... The rumor mill continues.

/>

by | Post ID:

Trading halts usually occur when a publicly traded company is going to release significant news about itself. The halt in trading for the affected security gives investors time to review the news and assess its impact. Another situation in which a trading halt might occur is when the exchange is uncertain "whether the security continues to meet the market’s listing standards." [1]

by | Post ID:

I like this quote from MacroAxis, a financial analysis firm, "Education Management has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations."

by | Post ID:

Colin Powell, Jeffrey Leeds and EDMC:

/>

by | Post ID:

It's called a trading halt.

Read up... Oh, and you may want to put off buying that new car, at least for now. ..

/>

/>

by | Post ID:

/>

by | Post ID:

..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock..tick...tock...tick...tock...

by | Post ID:

Man..... What a bummer!

by | Post ID:

Post a reply

:

Related pages


tillys irvine cathe layoff weatherfordstantec jobs edmontonhill-rom layoffsunited health group optumverizon communications new yorkjcp layoffs todayjobs at staples canadasaudi aramco salary scalesungard availability services layoffsblackbaud inc charleston sckey energy layoffscisco headcountlowes corporate complaint numberrockwell and collinsgannett layoffshaw jobs in calgarywalden university faculty jobsgoevo comwft layoffsbaker hughes dubai locationtractor supply company store manager salarypitney bowes jobspembina pipelinehumana glassdoorbass pro calgary hoursmiriam hospacademysports&outdoorsweatherford schrieverlayoff targetcitibank fort lee hoursapple in victoria gardenshow to tell employees about layoffsibm littleton ma jobssenn delaney trainingcoca cola san diego jobsjourneys asheville mallburlington coat factory store locationshitachi consulting dallasbank of america real estate foreclosuresatlas oil company salaryroyal bank america leasinghitachi data systems santa clara catpi staffing loginwalmart pharmacy bentonville araetna jobs in ctmylan company profilelitho kromewww.conservice.comatt payment locationssears loss prevention policyjourneys killeen mallcompucom suckswww.safeway hr directdst health solutions salarywww conservice comcenturylink stock price todayjobs at symantectarget headquarters minnesotajobs vmware corkcarthage mercy hospitalblackbaud inc charleston sctjx cosua stock tickerdefender direct incapple store thousand oakshackett grouptarget pharmacy champlinwells fargo jobs frederick mdwalmart jobs hiringchk energy stock pricerichmond centre apple storegyrodata drilling automationwhere is pearson publishing companyfrankford umbrella company