EDMC
EDUCATION MANAGEMENT
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Agree that thinking a degree in Art is a guaranteed success was not the best idea…
The U.S. Department of Education, which reviewed evidence provided by the attorneys general of Iowa, Massachusetts and Pennsylvania, concluded that the schools and its parent company, the Education Management Corporation, or EDMC, made "pervasive and substantial" misrepresentations to prospective students about post-graduation employment rates, salaries and career services.
The Education Dept. said The Art Institutes falsified average salaries among graduates, among other abuses.
"For example, according to a former employee, one Art Institute campus included professional tennis player Serena Williams' annual income to 'skew the statistics and overinflate potential program salaries,'" the department said.
EDMC filed for bankruptcy in 2018, so they couldn’t pay their debts either.
And student debt forgiveness is bullish. They can save instead of paying off debt.

Agree that thinking a degree in Art is a guaranteed success was not the best idea…
The U.S. Department of Education, which reviewed evidence provided by the attorneys general of Iowa, Massachusetts and Pennsylvania, concluded that the schools and its parent company, the Education Management Corporation, or EDMC, made "pervasive and substantial" misrepresentations to prospective students about post-graduation employment rates, salaries and career services.
The Education Dept. said The Art Institutes falsified average salaries among graduates, among other abuses.
"For example, according to a former employee, one Art Institute campus included professional tennis player Serena Williams' annual income to 'skew the statistics and overinflate potential program salaries,'" the department said.
EDMC filed for bankruptcy in 2018, so they couldn’t pay their debts either.
And student debt forgiveness is bullish. They can save instead of paying off debt.