Week in Review

Sep/02/2014 - 10:31am

Career College Central Summary:

Education Management Corp. (EDMC:US), operator of the Art Institutes chain of for-profit colleges, said it expects enrollment and revenue to continue to decline through the end of fiscal 2015, which ends June 30.

New student sign-ups will drop 4.8 percent in the period, and total enrollment will fall 7.6 percent to 109,890, Pittsburgh-based …

Sep/02/2014 - 9:13am

Career College Central Summary: Aspiring Adults Adrift:

Tentative Transitions of College Graduates, published today by the University of Chicago Press, is the story of a generation's difficult transition to adulthood. Based on surveys and interviews with nearly 1,000 recent college graduates from the cohort featured in Academically Adrift, the book reports that a large number of …

Aug/29/2014 - 11:31am

Pradeep K. Khosla is speaker at the Marcus Evans University Leadership Summit, Khosla gives his recommendations for developing students who can make an impact on society.

University leaders have to understand and define their university’s role in the community, to ensure students develop the necessary skills and thinking processes required to become the next generation …

Aug/29/2014 - 9:42am

Career College Central Summary:

FBI agents possibly looking at fraud allegations Wednesday morning raided two campuses of Anamarc College, which closed abruptly this summer, and the home of the owners of the college.

Anamarc College closed in June before the end of its spring semester, leaving students in limbo without diplomas or transcripts after paying thousands of …

Aug/29/2014 - 9:24am

Career College Central Summary:

After years of enrollment losses, Anthem Education, a for-profit chain of colleges and career institutes, filed for bankruptcy Monday.

The company has abruptly shut down a number of its campuses, leaving state agencies struggling to funnel displaced students into other institutions.

Nine more campuses may close today, Anthem officials said. Anthem had 41 campuses …

Aug/29/2014 - 9:12am

Career College Central Summary:

A new report released this month by the Department of Education's National Center for Education Statistics found that 39 percent of students who transferred colleges at least once lost all of their earned credits in the process.

Those students who were unable to transfer a single credit ended up losing, on average, 27 …

Aug/28/2014 - 10:55am

Career College Central Summary:

Students themselves are demanding more direct connections with employers: 87.9 percent of college freshmen cited getting a better job as a vital reason for pursuing a college degree in the 2012 University of California Los Angeles’ Higher Education Research Institute’s “American Freshman Survey”—approximately 17 percentage points higher than in the same survey …

Aug/28/2014 - 10:38am

Career College Central Summary:

Combined, RuffaloCODY and Noel-Levitz offer colleges and universities experience, data and insights, as well as solutions covering a student's lifelong relationship with an institution, from initial enrollment through student success and alumni loyalty.

Lazard Middle Market advised RuffaloCODY on this transaction.

"Institutions are operating in an increasingly competitive, demanding and fluid environment while simultaneously …

Aug/28/2014 - 10:20am

Career College Central Summary:

Federal Bureau of Investigation agents on Tuesday raided two campuses of Anamarc College as well as the home of the shuttered for-profit institution’s owners, the El Paso Times reported.

The agents searched one of the college’s two campuses in El Paso, Tex., and its campus in Santa Teresa, N.M.

The college closed in June …

Aug/28/2014 - 10:10am

Career College Central Summary:

EDMC said Wednesday that it has reached an agreement in principle with holders of more than 80% of its debt for an out-of-court restructuring deal that would reduce its $1.5 billion debt load to $400 million through a debt-for-equity swap.

According to a financial industry source who follows the company, term lenders led …

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