The Importance Of EDMC Settlement
There are around 110 schools from both US and Canada operated by EDMC. It owns institutions such as South University, Argosy University, brown Mackie College and Art Institutes. Education Management Corporation has been accused of engaging in wrong tactics when recruiting students. It has been accused of misleading students concerning the importance of degrees offered in its schools and engaging in wrong deeds during its job placements. Owing to this, company was required to pay a specified amount of money as a form of EDMC Settlement.
Education Management Corporation will pay around ninety five and half million dollars in to resolve four whistleblower lawsuits. Company is accused of misleading government by using illegal method to admit students. Education Management Corporation has been accused of providing wrong information to students so as to entice them. This made it offer promises that it was not able to fulfill. Some students left the programs owing to disappointment.
The main point of whistleblowers is that it used a technique during recruitment, which was intended to attract more students instead of following admission rules. Whistleblowers also emphasized that company did against the will of government without notification. The main intention of company to engage in these wrong activities was to make some money through corrupt means. Appropriate procedure has been set by concerned authority to regulate number of students being admitted. During this procedure admission is done on merit.
EDMC was known as a good company because it used to provide quality services. This made students and even parent have faith in it. Recent fetid deeds the company has involved itself in, are likely to taint its good image. This means trust it had acquired from parents and students is likely to be impacted negatively. In 2007, company was caught in issues which are almost similar to the aforementioned ones. Federal laws were broken by an institution, operated by company during student admission process. Dollars which amounted to 11 billion were paid to company to resettle the lawsuit.
Before truth of matter was uncovered long procedures were followed. Although, investigation was being done by most experienced professionals, it took about four years to be completed. This indicates deeds were done in a complex manner so as to make it almost impossible to be realized. Luckily, abusive recruitment techniques were discovered and appropriate measures taken.
Over 90% of revenues of company are gotten from money of taxpayers. Money is acquired from funds provided to students. Company is believed to collect billions of dollars each and every year. Company decided to engage in wrong recruitment criteria so as to make even more money. However, two people who were formerly its employees came out to reveal the matter to the public.
Company said that it would not concentrate much on the issues because by doing so it will undermine its focus on educating students. However, company revealed that it is coming up with new strategies, which are intended to enhance transparency when admitting students and in other activities. Company said its main goal is to offer high-quality education.
Education Management Corporation is a famous company in country. It was commenced sometimes back and it has been expanding steadily since its commencement. It is normally ranked among the best companies in education sector. Nowadays company admits 100,000 students. This confirms that it is a big company.
Education Management Corporation will pay around ninety five and half million dollars in to resolve four whistleblower lawsuits. Company is accused of misleading government by using illegal method to admit students. Education Management Corporation has been accused of providing wrong information to students so as to entice them. This made it offer promises that it was not able to fulfill. Some students left the programs owing to disappointment.
The main point of whistleblowers is that it used a technique during recruitment, which was intended to attract more students instead of following admission rules. Whistleblowers also emphasized that company did against the will of government without notification. The main intention of company to engage in these wrong activities was to make some money through corrupt means. Appropriate procedure has been set by concerned authority to regulate number of students being admitted. During this procedure admission is done on merit.
EDMC was known as a good company because it used to provide quality services. This made students and even parent have faith in it. Recent fetid deeds the company has involved itself in, are likely to taint its good image. This means trust it had acquired from parents and students is likely to be impacted negatively. In 2007, company was caught in issues which are almost similar to the aforementioned ones. Federal laws were broken by an institution, operated by company during student admission process. Dollars which amounted to 11 billion were paid to company to resettle the lawsuit.
Before truth of matter was uncovered long procedures were followed. Although, investigation was being done by most experienced professionals, it took about four years to be completed. This indicates deeds were done in a complex manner so as to make it almost impossible to be realized. Luckily, abusive recruitment techniques were discovered and appropriate measures taken.
Over 90% of revenues of company are gotten from money of taxpayers. Money is acquired from funds provided to students. Company is believed to collect billions of dollars each and every year. Company decided to engage in wrong recruitment criteria so as to make even more money. However, two people who were formerly its employees came out to reveal the matter to the public.
Company said that it would not concentrate much on the issues because by doing so it will undermine its focus on educating students. However, company revealed that it is coming up with new strategies, which are intended to enhance transparency when admitting students and in other activities. Company said its main goal is to offer high-quality education.
Education Management Corporation is a famous company in country. It was commenced sometimes back and it has been expanding steadily since its commencement. It is normally ranked among the best companies in education sector. Nowadays company admits 100,000 students. This confirms that it is a big company.
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New Unique Article!
Title: The Importance Of EDMC Settlement
Author: Jennifer Meyer
Email: nathanwebster335@live.com
Keywords: EDMC Settlement
Word Count: 558
Category: Legal
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