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Argosy University was a private for-profit university with campuses throughout the United States owned by Dream Center Education Holdings (DCEH), LLC and Education Management Corporation. On February 27, 2019, the U.S. Department of Education stated that they were cutting off federal funding to Argosy University. [ 2 ]
In April 2012, the school was incorporated as one of the colleges of Argosy University and officially changed its name to Western State College of Law at Argosy University. [17] The same year, the school sold its property to California State University, Fullerton for roughly $18 million. [18] In January 2016, the campus moved to Irvine, California.
In 2022, the EDMC schools Argosy University, The Art Institutes, Brown Mackie College, and South University were among 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the ...
Mar. 1—ATLANTA — Attorney General Chris Carr has announced that the state of Georgia has joined a multistate settlement agreement with the entities controlling Argosy University student debt.
In 2019, Argosy University closed. USA Today portrayed the school's collapse as part of a trend, highlighting the losses of other for-profit colleges, including Brightwood College (2018), Vatterott College (2018), and Virginia College (2018). [93] [90] In 2019, Betsy DeVos was criticized for allowing five failing for-profit colleges to avoid ...
When Argosy University abruptly closed in March 2019, the GNPEC had funding available to provide tuition refunds. However, Georgia law limits the claims to $250,000 for a defaulting institution. However, Georgia law limits the claims to $250,000 for a defaulting institution.
DCEH was the parent company of the Art Institutes, Argosy University, and South University. [73] The National Student Clearinghouse reported that their for-profit college enrollment numbers for Fall 2018 had declined 15.1 percent from Fall 2017. [74] In 2019, Argosy University closed all of its campuses.
This is a list of colleges and universities in the U.S. state of Virginia. The oldest college or university in Virginia is The College of William and Mary, founded in 1693. In 2010, the Virginia Tech Carilion School of Medicine became the newest. The largest institution is Liberty University, with over 110,000 students. [1]
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