State of Colorado v. Education Management Corporation, Argosy University of California, LLC, South University, LLC, Brown Mackie Education II LLC, The Art Institutes International II LLC, The Art Institute of Pittsburgh, LLC, Argosy Education Group, Inc., The Art Institute of Colorado Springs LLC, and The Art Institute of Colorado, Inc.
After a full investigation of EDMC and its subsidiary schools, the multistate reached a settlement of its claims. The settlement enjoins EDMC from engaging in deceptive admissions practices, requires calculation and disclosure of a specific job placement rate, restricts enrollment into programs that lack needed accreditation, and a multitude of disclosures. The multistate settlement forgives $102,789,100 in institutional student loans. In Colorado, this means that 1,249 students will receive $2,193,421 in loan forgiveness.
Consumers with questions relating to eligibility within the terms of the order or have additional questions may wish to contact EDMC directly at: www.edmc.edu or by calling 1-855-725-4301.