In June 2013, EDMC announced that its President John Mazzoni would resign effective July 14, 2013, after 27 years at the organization.Charles Restivo, Group Vice President, would become the Interim President of The Art Institutes.Tags: Notes On Writing Papers And ThesisShort Essay On FootballStonewall Jackson Research PaperBusiness Continuity Plan Information TechnologyEssay GuidelinesNursing Critical Thinking Practice Questions
In 2014, the US Department of Education reported that ten EDMC campuses, including several Art Institutes, were placed under heightened cash monitoring.
The Art Institute of Pittsburgh was one of the schools listed.
The council will reinstate the license when Dream Center Education Holdings shows that it has "regained financial solvency or completed a viable reorganization." In January 2019, DCEH chairman Randall Barton stated that the Art Institutes, excluding the Art Institute of Pittsburgh, Art Institute of Las Vegas and Argosy University campuses, have been transferred to the Education Principle Foundation.
Also in January 2019, Dream Center Education Holdings announced that AI schools, excluding AI Pittsburgh, AI Las Vegas, and Argosy campuses, had been transferred to the Education Principle Foundation with help from the US Department of Education.
Inside Higher Ed described Education Principle Foundation as "a Delaware nonprofit with no annual budget and almost no internet presence", and linked it to private equity firm Colbeck Capital Management.
As of August 2019, 8 Art Institutes campuses, in Florida, Georgia, Texas and Virgina, continue to enroll students."Should they fail to agree, the plan of reorganization will likely fail, thereby dooming South University and the Art Institutes.Student loan debtors have appealed to the US Department of Education for debt cancellation through defense to repayment claims.In the documentary, Iraq war veteran Chris Pantzke discussed the lack of disability services at the school.According to Pantzke, "Being a soldier, you don't want to quit, you don't want to give up or fail." After doing his own research, Pantzke concluded that the degree he was pursuing wasn't "worth much more than the paper is worth," and felt he was "throwing away taxpayer money" by using GI Bill funds.The Art Institutes are a collection of for-profit art schools that are owned by Education Principle Foundation and the remnants of two failed parent companies: for-profit college operator Education Management Corporation (EDMC) and Dream Center Education Holdings (DCEH).According to the Republic Report, the court appointed receiver, Studio Enterprise & South University had until April 11, 2019 to negotiate to separate South & remaining Art Institute schools from the Dream Center Education IT Platform by September 11, 2019.These campuses are The Art Institute of California – Los Angeles, The Art Institute of St. In June 2016, EDMC announced that the Art Institutes International Minnesota would be ceasing enrollments.That meant a total of 19 Art Institute campuses were scheduled to close.The school will go through a probationary period until accreditation is reaffirmed or lost.The school has until March 2019 to submit information to show why the agency should not remove the school's accreditation.