There are around 110 schools from both US and Canada operated by EDMC. It owns institutions such as South University, Argosy University, brown Mackie College and Art Institutes. Education Management Corporation has been accused of engaging in wrong tactics when recruiting students. It has been accused of misleading students concerning the importance of degrees offered in its schools and engaging in wrong deeds during its job placements. Owing to this, company was required to pay a specified amount of money as a form of EDMC Settlement.
Education Management Corporation will pay around ninety five and half million dollars in to resolve four whistleblower lawsuits. Company is accused of misleading government by using illegal method to admit students. Education Management Corporation has been accused of providing wrong information to students so as to entice them. This made it offer promises that it was not able to fulfill. Some students left the programs owing to disappointment.
It has been alleged by whistleblower lawsuits that education management corporation paid recruiters depending on number of students enrolled. This method of recruitment is not acceptable for schools, which allow federal students grants and loans. This crystal clearly shows that it acted against the law and it should be accountable for such illegal deeds. In other words, company never followed required procedure during its recruitment. This form of admission is highly discouraged because chances of company recruiting students, who are not fit for program, are high.
Before EDMC engaged in this disastrous deed, it was operating excellently. Both students and parents trusted it owing to the way it operated. However, these recent deeds destroyed everything. Many people were stunned and lost hope in it. These actions also reminded people the year 2007 when company was associated with another corruption activity. In that year, one of schools it operates broke federal laws. It was accused of paying recruiters of students depending on number of students enrolled. Company finally paid around eleven billion dollars.
In fact, many challenges were experienced during investigation. Acquiring crucial information concerning transaction conducted during this process was not easy. This is because company was doing everything to conceal truth of the matter. Despite all these challenges, investigation process was completed after 4 years. Abusive admission techniques were uncovered and measures put in place to prevent such occurrences in future.
Over 90% of revenues of company are gotten from money of taxpayers. Money is acquired from funds provided to students. Company is believed to collect billions of dollars each and every year. Company decided to engage in wrong recruitment criteria so as to make even more money. However, two people who were formerly its employees came out to reveal the matter to the public.
Company said that it would not concentrate much on the issues because by doing so it will undermine its focus on educating students. However, company revealed that it is coming up with new strategies, which are intended to enhance transparency when admitting students and in other activities. Company said its main goal is to offer high-quality education.
In fact, EDMC is one of most famous companies operating within education sector in country. In other words, it is a big company. It was ranked 2nd largest company on its line of operation sometimes back. Currently, it enrolls around 100, 000 students. Despite the aforementioned challenges company continues to grow.
Education Management Corporation will pay around ninety five and half million dollars in to resolve four whistleblower lawsuits. Company is accused of misleading government by using illegal method to admit students. Education Management Corporation has been accused of providing wrong information to students so as to entice them. This made it offer promises that it was not able to fulfill. Some students left the programs owing to disappointment.
It has been alleged by whistleblower lawsuits that education management corporation paid recruiters depending on number of students enrolled. This method of recruitment is not acceptable for schools, which allow federal students grants and loans. This crystal clearly shows that it acted against the law and it should be accountable for such illegal deeds. In other words, company never followed required procedure during its recruitment. This form of admission is highly discouraged because chances of company recruiting students, who are not fit for program, are high.
Before EDMC engaged in this disastrous deed, it was operating excellently. Both students and parents trusted it owing to the way it operated. However, these recent deeds destroyed everything. Many people were stunned and lost hope in it. These actions also reminded people the year 2007 when company was associated with another corruption activity. In that year, one of schools it operates broke federal laws. It was accused of paying recruiters of students depending on number of students enrolled. Company finally paid around eleven billion dollars.
In fact, many challenges were experienced during investigation. Acquiring crucial information concerning transaction conducted during this process was not easy. This is because company was doing everything to conceal truth of the matter. Despite all these challenges, investigation process was completed after 4 years. Abusive admission techniques were uncovered and measures put in place to prevent such occurrences in future.
Over 90% of revenues of company are gotten from money of taxpayers. Money is acquired from funds provided to students. Company is believed to collect billions of dollars each and every year. Company decided to engage in wrong recruitment criteria so as to make even more money. However, two people who were formerly its employees came out to reveal the matter to the public.
Company said that it would not concentrate much on the issues because by doing so it will undermine its focus on educating students. However, company revealed that it is coming up with new strategies, which are intended to enhance transparency when admitting students and in other activities. Company said its main goal is to offer high-quality education.
In fact, EDMC is one of most famous companies operating within education sector in country. In other words, it is a big company. It was ranked 2nd largest company on its line of operation sometimes back. Currently, it enrolls around 100, 000 students. Despite the aforementioned challenges company continues to grow.
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