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.
The main point of whistleblowers is that it used a technique during recruitment, which was intended to attract more students instead of following admission rules. Whistleblowers also emphasized that company did against the will of government without notification. The main intention of company to engage in these wrong activities was to make some money through corrupt means. Appropriate procedure has been set by concerned authority to regulate number of students being admitted. During this procedure admission is done on merit.
EDMC was known as a good company because it used to provide quality services. This made students and even parent have faith in it. Recent fetid deeds the company has involved itself in, are likely to taint its good image. This means trust it had acquired from parents and students is likely to be impacted negatively. In 2007, company was caught in issues which are almost similar to the aforementioned ones. Federal laws were broken by an institution, operated by company during student admission process. Dollars which amounted to 11 billion were paid to company to resettle the lawsuit.
Investigation took about four years before truth of the matter was uncovered. Investigation process was led by high experienced attorneys. Finally, results were acquired. Abusive tactics that company used during its recruitment process were realized but truth of the matter is that its admission process was really tainted.
Company acquires about ninety percent of its revenues from money collected from taxpayers. It is able to get this amount by involving itself in education. Company collects billions of money every year. The intention of company engaging in illegal recruitment process was to make extra money, but fetid deal was divulged by one of its former employees.
Company never issued comprehensive explanation on the matter. It only revealed that it was dedicated to provide quality services to students and it could not be destructed by issues that lack merit. Company also divulged their commitment to enhance transparency in all its engagements including student admission process.
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.
The main point of whistleblowers is that it used a technique during recruitment, which was intended to attract more students instead of following admission rules. Whistleblowers also emphasized that company did against the will of government without notification. The main intention of company to engage in these wrong activities was to make some money through corrupt means. Appropriate procedure has been set by concerned authority to regulate number of students being admitted. During this procedure admission is done on merit.
EDMC was known as a good company because it used to provide quality services. This made students and even parent have faith in it. Recent fetid deeds the company has involved itself in, are likely to taint its good image. This means trust it had acquired from parents and students is likely to be impacted negatively. In 2007, company was caught in issues which are almost similar to the aforementioned ones. Federal laws were broken by an institution, operated by company during student admission process. Dollars which amounted to 11 billion were paid to company to resettle the lawsuit.
Investigation took about four years before truth of the matter was uncovered. Investigation process was led by high experienced attorneys. Finally, results were acquired. Abusive tactics that company used during its recruitment process were realized but truth of the matter is that its admission process was really tainted.
Company acquires about ninety percent of its revenues from money collected from taxpayers. It is able to get this amount by involving itself in education. Company collects billions of money every year. The intention of company engaging in illegal recruitment process was to make extra money, but fetid deal was divulged by one of its former employees.
Company never issued comprehensive explanation on the matter. It only revealed that it was dedicated to provide quality services to students and it could not be destructed by issues that lack merit. Company also divulged their commitment to enhance transparency in all its engagements including student admission process.
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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