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For-profit education stocks sink lower as debate rages in Washington DC over funding for student...

For-profit education stocks sink lower as debate rages in Washington DC over funding for student loans.
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  • Onepaw
    , contributor
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    I submit posts regarding EDMC owned schools frequently. Recently I wrote a criticism on their website. A student who is going to graduate with a bachelors degree this year wrote, "I seen what you wrote....".
    That is about all that needs to be said about the quality of education from, in this case, Argosy University.

     

    The school is priced roughly in line with Georgetown or Hopkins, yet their big grab is to freeze tuition so they can continue to fish in the shallow waters of those who can not score well or even take an SAT.

     

    They have hired an attorney, who has no education experience, to monitor their compliance. Mr. West, however, claims that in spite of all real estate being for sale, they have no concerns about the settlements of the scores of lawsuits pending.

     

    The fire sale of EDMC stock is not result of Washington, DC. It is the direct result of failure to establish trust and good will. It is the failure to seize an opportunity to truly invent and education process for the very limited few students who can handle self regulated learning. Instead employers are having to educate the graduates from these schools not in their area study but in just plain the fundamentals of all education.

     

    The fact is that the school has burned bridges with the few in the education community who supported them. Now they can do nothing but the most elementary magic tricks to attempt to deceive us. Given the track record of the past ten years this is the second largest company in a sector that has proven itself to fail not only by lacking in honor, but the fact is they just do not have any good ideas.
    5 Mar 2013, 07:56 AM Reply Like
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