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Education Management Corporation announces execution of a definitive agreement for the sale to the Dream Center Foundation

PITTSBURGH, March 3, 2017

Education Management Corporation (EDMC) today announced the execution of a definitive agreement for the sale of substantially all the assets of EDMC and its schools to Dream Center Foundation (DCF), a not-for-profit foundation. The sale is expected to be completed in summer of 2017.

The transaction includes all the faculty and staff of South University, Argosy University and The Art Institutes locations currently enrolling new students. It also includes a majority of the employees from EDMC’s corporate offices. Students currently enrolled at the education systems will continue in their studies.

The Dream Center Foundation is an endowment fund that provides opportunity and resources to many people in the United States through its 110 locations across the country. The transaction provides the various schools the opportunity to educate students as part of a not-for-profit organization.

“The post-secondary institutions owned by EDMC have been serving the educational needs of students for more than 100 years, and as our almost a half million alumni will attest, we provide opportunities to help people improve their lives. I am so pleased to announce this transaction as the next step in continuing our educational commitment to students for years to come. The dedication of our faculty and staff together with the vision of the DCF Board will only serve to improve educational opportunities for all students,” said Mark McEachen, president and chief executive officer of EDMC.

“For three years, the Dream Center Foundation has actively explored educational partnerships or acquisitions that might enhance our ability to provide quality education to scores of Americans through our Dream Center in Los Angeles and via our partners, nationwide,” added Dream Center Foundation managing director Randall Barton. “We believe this is the opportunity we have been looking for, and it aligns perfectly with our mission which views education as a primary means of life transformation.”

The transaction is subject to a number of operational and other closing conditions, including the receipt of regulatory approvals from the U.S. Department of Education, institutional accrediting agencies, state licensing boards and programmatic accreditation bodies.

About Education Management Corporation

Education Management Corporation is one of the largest providers of post-secondary education in the United States, based on student enrollment and revenue, with a total of 101 locations in 31 U.S. states. The company offers academic programs to students through campus-based and online instruction, or through a combination of both. The company is committed to offering quality academic programs and strives to improve the learning experience for its students. Its educational institutions offer students the opportunity to earn undergraduate and graduate degrees and certain specialized non-degree diplomas in a broad range of disciplines, including business, culinary, design, education, fashion, health sciences, information technology, legal, media arts, and psychology and behavioral sciences. Education Management Corporation, 210 Sixth Avenue 33rd Floor Pittsburgh, PA 15222 © 2017 Education Management Corporation. Our email address is materialsreview@edmc.edu.

About the Dream Center Foundation

The Dream Center Foundation funds programs providing educational opportunity, emergency food and medical services, transitional housing for homeless families, youth and veterans as well as support for victims of human trafficking through its principal partner, the Dream Center Los Angeles. Each month more than 50,000 people are assisted in Los Angeles alone, and countless others through its network in 41 states and 21 countries.


Argosy University, Phoenix Clinical Mental Health Counseling Program Granted Programmatic Accreditation

PHOENIX, Aug. 3, 2016

The Council for the Accreditation of Counseling and Related Educational Programs (CACREP), a specialized accrediting body recognized by the Council for Higher Education Accreditation, has granted accreditation to the Master of Arts in Clinical Mental Health Counseling program at Argosy University, Phoenix. CACREP accreditation is recognition that the program's quality meets the standards set by the counseling profession and is among the highest commendations that an academic program can receive in the counseling field. As stated by CACREP, "Accreditation in the United States is a unique peer review system of quality assurance. For CACREP, this means that programs voluntarily submit a self-study that is reviewed against the CACREP Standards by counselors and counselor educators to ensure that students receive a quality educational experience." "We are proud to have our programs and faculty recognized for their work and diligence in guiding our students in the development of the attitudes, knowledge, and skills required for the ethical provision of quality professional counseling services in line with the rigorous standards of CACREP," says Dr. Joffrey Suprina, dean of the College of Counseling, Psychology and Social Sciences at Argosy University. As a specialized accrediting body recognized by the Council for Higher Education Accreditation (CHEA), CACREP grants accredited status to graduate-level programs in the professional counseling field. The CACREP scope of accreditation includes: addiction counseling; career counseling; clinical mental health counseling; marriage, couple and family counseling; school counseling, student affairs and college counseling; and counselor education and supervision. For more information about the program, visit argosy.edu/locations/phoenix.

The Argosy University, Phoenix Master of Arts in Clinical Mental Health Counseling degree program is accredited by The Council for Accreditation of Counseling and Related Educational Programs (CACREP), a specialized accrediting body recognized by the Council for Higher Education Accreditation (CHEA). The Council for Accreditation of Counseling and Related Educational Programs can be contacted at 1001 North Fairfax Street, Suite 510, Alexandria, VA 22314, (703)535-5990. Programs, credential levels, technology, and scheduling options vary by school and are subject to change. Not all online programs are available to residents of all U.S. states. Argosy University, Phoenix, AZ 2233 West Dunlap Avenue, Phoenix, AZ 85021 © 2016 Argosy University. All rights reserved. Our email address is materialsreview@argosy.edu. See ge.argosy.edu/programoffering/2971 for program duration, tuition, fees and other costs, median debt, salary data, alumni success, and other important info. To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/argosy-university-phoenix-clinical-mental-health-counseling-program-granted-programmatic-accreditation-300308585.html

SOURCE Argosy University
Related Links
https://www.argosy.edu


The Art Institutes Offer New Bachelor's Degree Programs in Creative Fields

Programs are a response to the growing need for creative professionals in the marketplace

PITTSBURGH, June 30, 2016

The Art Institutes system of schools announces four new programs designed to prepare students to enter the growing creative marketplace. The programs are offered in addition to the system of schools' existing programs in the areas of design, media arts, and culinary. New programs are the Bachelor of Science (BS) in Instructional Technology & Design, Bachelor of Science (BS) in Marketing & Entertainment Management, Bachelor of Science (BS) or Bachelor of Fine Arts (BFA) in Professional Writing for Creative Arts, and Bachelor of Science (BS) in Software Development for Creative Technologies. Each was designed by industry professionals in conjunction with instructors at The Art Institutes schools. The programs teach the skills needed for students to transition into entry-level positions in creative fields. The Instructional Technology & Design program was created for students who are interested in designing engaging and relevant education experiences and want to keep up with the advancing instructional technology field. The Marketing & Entertainment Management program can prepare students to move into an industry that includes arts organizations, multi-media providers, corporate events, trade shows, and executive retreats. The Professional Writing for Creative Arts program can train students in the conceptual, analytical, and technical skills needed to create engaging content that resonates with a target audience across multiple media platforms and purposes, ranging from web and social content to business and technical communication to advertising and scriptwriting. The Software Development for Creative Technologies program introduces students to the software programs and applications utilized for multimedia, creative, and entertainment purposes. "Our new programs are designed to prepare students to make an impact in the creative marketplace," said Dr. Donna Gray, chief academic officer and vice president of academic affairs, for The Art Institutes. "We work closely with industry professionals to better understand the skill sets they're looking for in their employees." Classes begin October 2016. Programs vary by location and not every Art Institute location offers the new programs. Visit artinstitutes.edu for a list of programs offered at each Art Institute location.

About The Art Institutes The Art Institutes is a system of over 50 schools throughout North America. Programs, credential levels, technology, and scheduling options vary by school and are subject to change. Not all online programs are available to residents of all U.S. states. Several institutions included in The Art Institutes system are campuses of South University or Argosy University. The Art Institutes, 210 Sixth Avenue, 33rd Floor, Pittsburgh, PA 15222 © 2016 The Art Institutes. All rights reserved. Our email address is: materialsreview@aii.edu.


See aiprograms.info for program duration, tuition, fees and other costs, median debt, salary data, alumni success, and other important info.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-art-institutes-offer-new-bachelors-degree-programs-in-creative-fields-300292766.html

SOURCE The Art Institutes
Related Links
http://artinstitutes.edu