December 7, 2018

Students Sue Dream Center Over False Claim That School Was Accredited

With Dream Center Education Holdings (DCEH) staff members reporting signs that their non-profit operation may be on the verge of declaring bankruptcy or entering receivership, and perhaps that CEO Brent Richardson is moving on, a group of students from DCEH’s Illinois Institute of Art have just sued over the school’s false public statements that it
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June 30, 2018

Dream Center Closing Numerous ex-EDMC Campuses

A leak out of the North Carolina higher education system confirms what insiders have been telling me, and online rumors have indicated: Dream Center Education Holdings (DCEH) plans to shut down many of the Art Institutes and other campuses it acquired last year from faltering for-profit college chain EDMC. An email obtained by the Raleigh
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September 21, 2016

Leaked Powell Emails Detail Ties to Key For-Profit College Investor

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The hacked emails from former Secretary of State Colin Powell have been widely noted because of Powell’s candid remarks about topics including Hillary Clinton, Donald Trump, and nuclear weapons. But Republic Report is intrigued by a series of exchanges about the for-profit college industry between Powell and Jeffrey Leeds, a key private equity investor in, and advocate
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March 1, 2016

For-Profit College Recruiter Hides Behind McDonalds Arches

McD jobs

A website displaying McDonalds’ famed golden arches and promising jobs at the fast-food empire quickly pushes visitors instead to recruiters at for-profit colleges, including those owned by two of the largest and most troubled companies in this sector — ITT Tech and Education Management Corporation (EDMC). Republic Report has exposed in the past websites that promise
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November 30, 2015

Congress On Verge of Big Gift to For-Profit College EDMC

EDMC

After settling multiple law enforcement investigations this month on absurdly favorable terms, troubled for-profit college company Education Management Corp. (EDMC) may be on the verge of getting a sweetheart deal from Congress — a deal that could compound the harms that the company already has caused to students and taxpayers. A provision in the highway bill
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November 25, 2015

Strip Mall For-Profit College Owners Locked Up; Wall Street Owners Walk Away

perezmug

On Tuesday, a federal jury in Miami convicted Alejandro Amor, the owner of shut-down FastTrain College, of theft and conspiracy. Amor gained notoriety when it was disclosed that FastTrain, a for-profit college, used strippers to recruit students, but the offense for which he now faces a long prison sentence was enrolling, and cashing federal financial aid checks for, some
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November 12, 2014

Scam: Websites Promising Jobs And Medicaid Are Instead Bait for For-Profit College Telemarketers

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A network of U.S. marketing companies run glossy websites promising jobs, health benefits, food stamps, and heating assistance, sites with names like localemploymentnetwork.org or medicaidinsurancebenefits.com. But according to former employees of a company connected to these operations, the real purpose of these sites is a classic bait-and-switch: to get low-income people, single mothers, veterans, and unemployed older people on the
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December 12, 2013

Steve Forbes, The Olympics, Congress and Other Stuff For-Profit Colleges Buy With Your Tax Dollars

forbes

America’s for-profit colleges are receiving as much as $33 billion in a single year from your tax money, and billions more from the pockets of students, a lot of whom are left deep in debt and jobless from their encounters with predatory schools.  Many of the biggest for-profit colleges get close to 90 percent of
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