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Statements

Subject Item
dbr:Education_Management_Corporation
rdf:type
yago:Company108058098 yago:WikicatEducationCompaniesOfTheUnitedStates yago:HoldingCompany108185369 yago:Abstraction100002137 yago:University108286569 dbo:Agent dbo:Company owl:Thing yago:WikicatHoldingCompaniesOfTheUnitedStates n17:Agent n17:SocialPerson dbo:Organisation yago:WikicatCompaniesListedOnNASDAQ yago:WikicatPrivateEquityPortfolioCompanies schema:Organization yago:WikicatCompaniesBasedInPittsburgh,Pennsylvania yago:SocialGroup107950920 yago:Institution108053576 yago:EducationalInstitution108276342 yago:Organization108008335 yago:Group100031264 yago:WikicatFor-profitUniversitiesAndCollegesInTheUnitedStates yago:YagoLegalActor yago:YagoLegalActorGeo yago:YagoPermanentlyLocatedEntity wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 yago:WikicatCompaniesEstablishedIn1962
rdfs:label
Education Management Corporation
rdfs:comment
Education Management Corporation (EDMC) was a Pittsburgh, Pennsylvania-based operator of for-profit post-secondary educational institutions in the United States and Canada. The company was founded in 1962. At its peak in 2011, Education Management Corporation operated 110 schools through its higher education divisions: Argosy University, The Art Institutes, Brown Mackie College, and South University, and enrolled 158,300 students. In June 2018, EMDC filed for Chapter 7 bankruptcy and began to liquidate its assets.
foaf:name
Education Management Corporation
foaf:homepage
n20:www.edmc.edu
dbp:name
Education Management Corporation
foaf:depiction
n16:EDMC_logo.png
dcterms:subject
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dbo:thumbnail
n16:EDMC_logo.png?width=300
dbp:areaServed
United States, Canada
dbp:fate
Bankrupt. Acquired by Dream Center.
dbp:homepage
n20:www.edmc.edu
dbp:industry
dbr:For-profit_education
dbp:keyPeople
Mark A. McEachen ; Ryanne Dean, Talent Acquisition Manager
dbp:locationCity
dbr:Pennsylvania dbr:Pittsburgh
dbp:locationCountry
United States
dbp:locations
110
dbp:logo
EDMC logo.png
dbp:type
dbr:Public_company
dbo:abstract
Education Management Corporation (EDMC) was a Pittsburgh, Pennsylvania-based operator of for-profit post-secondary educational institutions in the United States and Canada. The company was founded in 1962. At its peak in 2011, Education Management Corporation operated 110 schools through its higher education divisions: Argosy University, The Art Institutes, Brown Mackie College, and South University, and enrolled 158,300 students. Facing declining enrollment, legal issues, and accreditation problems, EDMC closed or sold many of its schools between 2013 and 2017. By 2014, the company's stock had lost 99.9% of its value, and EDMC received a defaulted bond rating (to junk bond status). Moody's credit rating service in January 2015 dropped EDMC to its lowest rating, D-PD. In June 2018, EMDC filed for Chapter 7 bankruptcy and began to liquidate its assets.
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dbo:fate
Bankrupt. Acquired byDream Center.
dbo:foundingYear
1962-01-01
dbo:numberOfLocations
110
dbo:industry
dbr:For-profit_education
dbo:type
dbr:Public_company
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wikipedia-en:Education_Management_Corporation