Brent Richardson has resigned as CEO of Dream Center Education Holdings after a tumultuous year since the non-profit took over three chains of career education schools — the Art Institutes, Argosy University, and South University — formerly owned by for-profit EDMC. A person close to DCEH management confirmed the resignation. Under Richardson, the former CEO
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With Trump Education Secretary Betsy DeVos having turned over her Department’s policies to lobbyists for the very predatory colleges that have ripped off students and taxpayers for billions of dollars, many of the bad actors in the for-profit college industry have accelerated a wave of conversions to non-profit status, aimed at freeing them from the few remaining federal
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The once for-profit Art Institutes are now run by the non-profit, faith-based Dream Center. But they’re connected to the new Woz U and a web of for-profit companies — raising questions of conflict of interest and legal compliance.  On the phone, Brent Richardson, the CEO and co-chairman of the new non-profit Dream Center Education Holdings
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