WASHINGTON, Nov. 17 (UPI) --The for-profit college operator Education Management Corporation agreed to pay nearly $200 million to forgive student loans and resolve federal fraud claims in deals that ...
People walk past the Art Institute of Philadelphia operated by the Education Management Corporation. Education Management Corporation (EDMC) is paying $95.5 million to settle a case alleging it ...
Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. It’s a classic move by an industry player feeling the squeeze of pending regulation: ...
(Reuters) - Education Management Corp , once a $3.4 billion jewel for Goldman Sachs and Providence Equity Partners, has sunk to less than $500 million in value, as profits fall and risks grow that it ...
Education Management Corporation (EDMC) is paying $95.5 million to settle a case alleging it falsely obtained federal and state education funds. The nearly $100 million settlement is the largest false ...
Education Management Corporation (EDMC) is paying $95.5 million to settle a case alleging it falsely obtained federal and state education funds. The lawsuit was first raised by two whistleblowers who ...