EDMC is 41 percent owned by the investment bank Goldman Sachs as of 2015.
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Videos
Contacts
Art Institute-CARSU [CSS x0]
CARS Report (Accounting Statements/Billing Ledgers)
Email: carsu@edmc.edu
CARS Report (Accounting Statements/Billing Ledgers)
Email: carsu@edmc.edu
Documentation
Media Articles
2019
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2017
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10/18/2017 - EDMC Completes Sale of Schools to Dream Center
10/17/2017 - EDMC Completes Sale of Assets to Dream Center
07/20/2017 - Beleaguered For-Profit EDMC Still Seeking Financial Way Out
07/13/2017 - Accreditor Rejects EDMC's Sale of Art Institute of Pittsburgh for "Insufficient Information"
07/08/2017 - Akron Single Mother Fights College Loan Fees From Brown Mackie College Parent Company
05/05/2017 - EDMC: Warn filing 'proactive measure'; corporate employees expected to remain
05/04/2017 - Art Institute parent company EDMC issues layoff notice to corporate employees
05/04/2017 - Joint Letter Questions New Ownership of Predatory Colleges
03/13/2017 - In EDMC Sale, Ties To For-Profit Education To Face Scrutiny
03/06/2017 - New Non-Profit Owner For EDMC
03/03/2017 - Art Institute Campuses To Be Sold To Foundation
02/21/2017 - Harvard Law Clinic Sues DoJ Over For - Profit College Case Files
02/09/2017 - More Charges Added to Lawsuits Against Art Institute of Pittsburgh
01/17/2017 - Appeals Court Rules For Education Management On Debt-Cutting Plan
10/17/2017 - EDMC Completes Sale of Assets to Dream Center
07/20/2017 - Beleaguered For-Profit EDMC Still Seeking Financial Way Out
07/13/2017 - Accreditor Rejects EDMC's Sale of Art Institute of Pittsburgh for "Insufficient Information"
07/08/2017 - Akron Single Mother Fights College Loan Fees From Brown Mackie College Parent Company
05/05/2017 - EDMC: Warn filing 'proactive measure'; corporate employees expected to remain
05/04/2017 - Art Institute parent company EDMC issues layoff notice to corporate employees
05/04/2017 - Joint Letter Questions New Ownership of Predatory Colleges
03/13/2017 - In EDMC Sale, Ties To For-Profit Education To Face Scrutiny
03/06/2017 - New Non-Profit Owner For EDMC
03/03/2017 - Art Institute Campuses To Be Sold To Foundation
02/21/2017 - Harvard Law Clinic Sues DoJ Over For - Profit College Case Files
02/09/2017 - More Charges Added to Lawsuits Against Art Institute of Pittsburgh
01/17/2017 - Appeals Court Rules For Education Management On Debt-Cutting Plan
2016
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2015
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11/23/2015 - For-profit college system to pay up
11/18/2015 - The Problem with the Justice Dept's Settlement with EDMC
11/17/2015 - 2 whistleblowers described life at a college 'recruitment mill' that paid a record $95 million settlement
11/16/2015 - Second largest for-profit chain to pay $95 million to settle fraud charges
11/16/2015 - For-Profit College Company to Pay $95.5M to Settle Claims of Illegal Recruiting, Consumer Fraud and Other Violations
11/16/2015 - For-Profit College Operator EDMC Will Forgive Student Loans
06/24/2015 - Judge orders Education Management Corp. to continue paying bondholders
05/06/2015 - EDMC to Close 15 Art Institutes Locations; Pittsburgh Campus Not Affected
- (2015) State sues Argosy University, Brown Mackie College, Art Institutes
11/18/2015 - The Problem with the Justice Dept's Settlement with EDMC
11/17/2015 - 2 whistleblowers described life at a college 'recruitment mill' that paid a record $95 million settlement
11/16/2015 - Second largest for-profit chain to pay $95 million to settle fraud charges
11/16/2015 - For-Profit College Company to Pay $95.5M to Settle Claims of Illegal Recruiting, Consumer Fraud and Other Violations
11/16/2015 - For-Profit College Operator EDMC Will Forgive Student Loans
06/24/2015 - Judge orders Education Management Corp. to continue paying bondholders
05/06/2015 - EDMC to Close 15 Art Institutes Locations; Pittsburgh Campus Not Affected
- (2015) State sues Argosy University, Brown Mackie College, Art Institutes
2014
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2012
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09/24/2012 - EDMC Professors and Students Speak: How Lobbyists and Goldman Sachs Ruined For-Profit Education
2011
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12/03/2011 - The Art Institutes: Legitimate Photo Schools or Accessories to Fraud?
09/02/2011 - U.S. Gov Sues the Art Institutes for $11B Fraud
08/08/2011 - For-Profit College Group Sued as U.S. Lays Out Wide Fraud
09/02/2011 - U.S. Gov Sues the Art Institutes for $11B Fraud
08/08/2011 - For-Profit College Group Sued as U.S. Lays Out Wide Fraud
Who to follow
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