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Art Institute campuses to be sold to foundation

Source: Danielle Douglas-Gabriel - Washington Post (Paid Registration)

A philanthropic foundation in Los Angeles is buying the vast majority of career colleges owned by Education Management Corp., including 31 Art Institute campuses, Argosy University and South University, in a deal announced Friday that underscores the instability of the for-profit education industry.

Read Full Article: Art Institute campuses to be sold to foundation


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