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Inside Higher Ed described Education Principle Foundation as "a Delaware nonprofit with no annual budget and almost no internet presence", and linked it to private equity firm Colbeck Capital Management.
In 2012, The Art Institute schools began to experience a decrease in the number of new students enrolling, seeing enrollment numbers drop by approximately 20 percent between the second quarter of the 2012 fiscal year and the start of 2013.
EDMC has attributed the drop in enrollment to limited access to Parent Loan for Undergraduate Students and the economic recession.
These campuses are The Art Institute of California – Los Angeles, The Art Institute of St. In June 2016, EDMC announced that the Art Institutes International Minnesota would be ceasing enrollments.
That meant a total of 19 Art Institute campuses were scheduled to close.
In June 2013, EDMC announced that its President John Mazzoni would resign effective July 14, 2013, after 27 years at the organization.
Charles Restivo, Group Vice President, would become the Interim President of The Art Institutes.
The Art Institutes in Fort Lauderdale, Indianapolis, Kansas City, Las Vegas, Minnesota, New York City, Phoenix, Saint Louis, Salt Lake City, Tucson, Vancouver, Wisconsin, and York were accredited by ACICS, Nine additional Art Institutes (The Art Institute of Atlanta, The Art Institute of Houston, Miami International University of Art and Design) and their branch campuses in Charleston, Nashville, Arlington, Virginia Beach, Austin and San Antonio were placed on probation by their accreditor, Southern Association of Colleges and Schools (SACS), in December 2016.
According to the College Scorecard, the Art Institute of Atlanta has a 19 percent graduation rate, a typical debt of ,982, a 28 percent student loan repayment rate, and a median salary after attending of ,900.
In the documentary, Iraq war veteran Chris Pantzke discussed the lack of disability services at the school.
According to Pantzke, "Being a soldier, you don't want to quit, you don't want to give up or fail." After doing his own research, Pantzke concluded that the degree he was pursuing wasn't "worth much more than the paper is worth," and felt he was "throwing away taxpayer money" by using GI Bill funds.