Argosy University, a chain of vocationally focused schools with nearly two dozen campuses nationwide, teetered on the edge of collapse on Wednesday after the Education Department accused it of improperly taking as much as million in aid money that should have gone to students.
The department revoked the eligibility of Argosy, which is owned by Dream Center Education Holdings, to receive federal student loan funds, worsening the financial problems of a chain already in dire financial shape. Last month, a federal judge in Ohio placed Argosy and several other Dream Center campuses under federal receivership, appointing an outside official to handle the chain’s finances. Taken together, those campuses enroll about 10,000 students.
Soon after the receivership began, the Education Department began hearing complaints that Argosy had failed to make payments owed to students, according to a letter the agency sent on Wednesday to Dream Center and its receiver.
Students often borrow more federal aid money than they need for tuition and have the rest refunded to them by their school to cover living expenses like rent and groceries. But Dream Center improperly withheld some of those so-called credit-balance payments and appears to have used them to cover its own operating expenses, according to court filings by Mark Dottore, Dream Center’s receiver.
In its letter, the Education Department called that a “severe breach” of Argosy’s responsibilities to its students. As of early February, payments to students worth at least million were two or more weeks overdue, the agency said.
The department said it would no longer send any federal student aid funds to 22 schools operated by Argosy in cities including Chicago, Honolulu, Phoenix, San Francisco and Washington.
That decision immediately put the chain’s survival in doubt. Mr. Dottore had warned in legal filings this week that Argosy would not be able to continue without those funds.
Mr. Dottore said in a written statement provided by Dream Center that he was disappointed by the Education Department’s actions.
“We are working to determine the best path forward for students at this time,” he said.
If Argosy closes, students who are now attending or recently withdrew will be eligible for full refunds on the federal loans they took out to fund their studies, the Education Department said.
The revocation does not apply to two other chains that were until recently operated by Dream Center. Those chains, South University and the Arts Institutes International, were spun off from Dream Center last month in an investor-backed effort to preserve some of the struggling chain’s campuses.
Dream Center acquired Argosy, South and the Arts Institutes in late 2017 from Education Management Corporation, once one of the country’s largest for-profit operators. Education Management filed for bankruptcy last year, after years of financial and legal problems that included accusations of predatory lending.
Dream Center, a Los Angeles-based Christian nonprofit with a focus on social services, worked to convert the for-profit schools it had acquired into nonprofits, which face looser regulation. The agency gave the change preliminary approval, but reversed course on Thursday and denied Argosy’s conversion.B:
后一9码期期必中生肖“【这】【北】【部】【是】【夙】【家】，【辜】【家】，【宫】【家】，【王】【家】【四】【大】【军】【阀】。 【当】【然】，【四】【位】【大】【帅】【的】【关】【系】【都】【很】【不】【错】，【那】【当】【然】【几】【位】【少】【爷】【和】【小】【姐】【的】【关】【系】【自】【然】【不】【会】【差】【到】【哪】【里】【去】。 【尤】【为】【夙】【家】【公】【子】【和】【辜】【家】【小】【姐】【两】【个】【人】【也】【算】【是】【从】【小】【定】【了】【娃】【娃】【亲】【的】【青】【梅】【竹】【马】，【两】【个】【人】【在】【一】【起】【也】【算】【是】【水】【到】【渠】【成】，【两】【情】【相】【悦】。【而】【已】，【别】【那】【么】【大】【惊】【小】【怪】【的】。”【百】【姓】【说】【完】【又】【觉】【得】【自】【己】【膨】【胀】【了】
IT【之】【家】11【月】10【日】【消】【息】【云】【米】【京】【东】"【双】11"【已】【经】【开】【启】。【在】11【月】11【日】【的】【前】【两】【个】【小】【时】，456【升】【风】【冷】【无】【霜】【对】【开】【门】【冰】【箱】1799【元】，8【公】【斤】【洗】【烘】【一】【体】【变】【频】【滚】【筒】【洗】【衣】【机】1899【元】，Cross【智】【能】【烟】【灶】【套】【装】1799【元】。【点】【此】【前】【往】【主】【会】【场】后一9码期期必中生肖“【你】【别】【再】【这】【样】【下】【去】【了】，【你】【要】【走】【火】【入】【魔】【了】，【何】【苦】【呢】？【何】【必】【如】【此】？”【须】【眉】**【提】【醒】【道】。 “【我】【知】【道】【这】【样】【没】【用】，【可】【她】【为】【什】【么】【要】【放】【过】【我】，【我】【为】【什】【么】【要】【活】【着】，【我】【心】【脏】【好】【痛】，【我】【真】【的】【好】【痛】【啊】。” “【她】【要】【你】【活】【下】【去】，【大】【概】【就】【是】……【对】【你】【最】【大】【的】【惩】【罚】【了】【罢】。” “【她】【还】【是】【恨】【我】【的】，【对】【不】【对】？【她】【没】【有】【对】【我】【彻】【底】【失】【望】，【对】【不】【对】？”
【女】【朋】【友】【有】【了】【估】【计】【最】【近】【结】【婚】【差】【不】【多】【要】【被】【安】【排】【上】【了】，【两】【边】【父】【母】【已】【经】【在】【见】【面】【了】。 【短】【时】【间】【内】【应】【该】【不】【会】【动】【笔】，【因】【为】【赚】【不】【到】【奶】【粉】【钱】。 【我】【现】【在】【的】【工】【作】【也】【退】【了】，【准】【备】【继】【承】【家】【业】【安】【心】【养】【娃】【了】。 ——————————————————
【相】【传】，【天】【界】【每】【一】【位】【神】【都】【有】【属】【于】【自】【己】【的】【神】【位】，【神】【身】【陨】【落】，【神】【位】【也】【同】【样】【跟】【着】【陨】【落】。 【近】【些】【日】，【天】【界】【有】【很】【多】【大】【事】【发】【生】，【算】【上】【这】【个】【神】【位】【的】【陨】【落】，【已】【经】【是】【第】【三】【了】。【天】【上】【众】【神】【只】【知】【道】【她】【的】【神】【号】【是】【夕】【瑶】，【可】【很】【少】【有】【神】【见】【过】【她】【的】【样】【子】，【听】【说】【早】【在】【几】【百】【年】【的】【神】【魔】【大】【战】【中】【就】【消】【失】【了】。 “【夕】【瑶】！”【一】【了】【大】【声】【喊】【着】，【他】【向】【她】【跑】【了】【过】【去】。 【他】(来源：闫亚群)